M&A Deal Summary

Squarespace Acquires Tock

On March 31, 2021, Squarespace acquired internet software and services company Tock for 400M USD

Acquisition Highlights
  • This is Squarespace’s 3rd transaction in the Internet Software and Services sector.
  • This is Squarespace’s largest (disclosed) transaction.
  • This is Squarespace’s 3rd transaction in the United States.
  • This is Squarespace’s 1st transaction in Illinois.
Investment Fate
  • Tock was divested to a consortium of strategic buyers in 2024 for 400M USD.

M&A Deal Summary

Date 2021-03-31
Target Tock
Sector Internet Software and Services
Buyer(s) Squarespace
Deal Type Add-on Acquisition
Deal Value 400M USD

Target

Tock

Chicago, Illinois, United States
website
Tock is a reservation, table, and event management system used by restaurants, wineries, and bars around the world. Tock was founded in 2014 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Squarespace

New York, New York, United States

website


Category Company
Founded 2003
Sector Internet Software and Services
Revenue 1.0B USD (2023)
DESCRIPTION

Squarespace is a cloud-based content management system that allows individuals and businesses to create and maintain websites and blogs. From designers creating the next generation of web and mobile experiences to anyone managing their own online presence for the first time, Squarespace provides elegant solutions that set new standards for online publishing. Squarespace was formed in 2003 and is based in New York, New York.


DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Illinois) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-23 Acuity Scheduling

Allentown, Pennsylvania, United States

Acuity Scheduling is an online scheduling tool that helps companies book and schedule appointments with clients. Acuity Scheduling is based in Allentown, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-21 Tock

Chicago, Illinois, United States

Tock is a reservation, table, and event management system used by restaurants, wineries, and bars around the world. Tock was founded in 2014 and is based in Chicago, Illinois.

Sell $400M