On October 17, 2024, global investment firm Permira announced the completion of its funds’ previously announced acquisition of Squarespace, Inc. in an all-cash transaction that valued Squarespace at an aggregated transaction value of approximately $7.2 billion. As part of the transaction, Squarespace founder and 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.

Wilson Sonsini Goodrich & Rosati represented Mr. Casalena in the transaction. The firm’s team included Marty Korman, Todd Cleary, Megan Baier, Amy Simmerman, Catherine Riley Tzipori, Derek Wallace, Carole Rosenberg, Adrian Broderick, and Ryan Hart.

For more information, please see the companies’ joint news release.