Permira is a British global investment firm that specializes in buyout, growth equity, and credit funds. It was founded in 1985 and is headquartered in London, United Kingdom. The company is one of the largest buyout specialists and has invested in more than 300 companies worldwide.
According to reports, Permira will take Squarespace private in an all-cash deal valued at $6.9 billion USD. This deal will have Squarespace shareholders receive $44 per share for each share they own and is expected to close by the fourth quarter of 2024.
Squarespace, Inc. is an American website building and hosting company founded in 2004 and headquartered in New York City. It offers customizable templates, drag-and-drop website building, and a range of features for e-commerce, marketing, and analytics.
