Permira completes Squarespace acquisition after upping bid to $7.2B

Website builder Squarespace is no longer a publicly-traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6 billion, and an enterprise valuation […] © 2024 TechCrunch. All rights reserved. For personal use only.