Squarespace’s $400 Million Acquisition of Tock

Skadden, Arps, Slate, Meagher & Flom LLP advised Squarespace on the deal while Neal, Gerber & Eisenberg LLP represented Tock.

Squarespace, the all-in-one website building and ecommerce platform, executed the acquisition of Tock, a leading unified system serving the hospitality industry with online reservations, table management, takeout, and events in one place, for more than $400 million in a mix of cash and stock.

With this acquisition, Squarespace continues the evolution of its product suite, enabling millions around the world to build a brand and transact with their customers in an impactful and beautiful online presence. Squarespace customers will have the ability to integrate a best-in-class solution for managing reservations, accelerate sales, provide marketing integrations, and connect directly with their customers.

Skadden, Arps, Slate, Meagher & Flom LLP advised Squarespace included M&A partner Christopher Barlow (Picture), and associates Taylor Votek and Ledah Geller; Capital Markets partner Ryan Dzierniejko and associates Aliza Rana and Sarah Speight; Executive Compensation and Benefits partner Joseph Penko and associate Evgueni Gokhmark; Intellectual Property and Technology counsel Jessica Cohen; Tax partner Gavin White and counsel Trevor Allen; and Labor and Employment Law partner David Schwartz and associate Tate Wines.

The NGE team was led by Corporate & Securities partner Earl Melamed and included partners Jeff Shamberg (Taxation) and Patty Cain (Employee Benefits & Executive Compensation).

Involved fees earner: Patricia Cain – Neal Gerber Eisenberg ; Earl Melamed – Neal Gerber Eisenberg ; Jeffrey Shamberg – Neal Gerber Eisenberg ; Trevor Allen – Skadden Arps Slate Meager & Flom; Christopher Barlow – Skadden Arps Slate Meager & Flom; Jessica Cohen – Skadden Arps Slate Meager & Flom; Ryan Dzierniejko – Skadden Arps Slate Meager & Flom; Ledah Geller – Skadden Arps Slate Meager & Flom; Evgueni Gokhmark – Skadden Arps Slate Meager & Flom; Joseph Penko – Skadden Arps Slate Meager & Flom; Aliza Rana – Skadden Arps Slate Meager & Flom; David Schwartz – Skadden Arps Slate Meager & Flom; Sarah Speight – Skadden Arps Slate Meager & Flom; Taylor Votek – Skadden Arps Slate Meager & Flom; Gavin White – Skadden Arps Slate Meager & Flom; Tate Wines – Skadden Arps Slate Meager & Flom;

Law Firms: Neal Gerber Eisenberg ; Skadden Arps Slate Meager & Flom;

Clients: Squarespace; Tock;

Author: Martina Bellini