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Stock impact report

Permira Completes Acquisition of Squarespace [Yahoo! Finance]

Squarespace, Inc. Class A (SQSP) 
Company Research Source: Yahoo! Finance
As part of the transaction, Squarespace Founder & CEO Anthony Casalena rolled over a substantial majority of his existing equity and continues to be one of the largest shareholders in the Company. He continues to serve as Squarespace's CEO and Board Chairman, leading the business in all aspects of its operations, along with Squarespace's current leadership team who have continued in their roles. "We are excited to embark on a new chapter with Permira, one focused on our long-term strategy and commitment to serving entrepreneurs globally," said Casalena. "For more than 20 years we have provided customers with all the tools they need to stand out and succeed. This commitment will remain the same as we continue to offer our customers more and more tools to grow their businesses online. Permira joins our long-standing investors, Accel and General Atlantic, who remain meaningful investors and believe in a dynamic future for Squarespace." David Erlong, Partner at Permira, said: "We've Show less Read more
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