Paul Hastings Advised Blue Owl Credit Advisors, Blackstone Alternative Credit Advisors, and Ares Capital Management in $6.9 Billion Take-Private of Squarespace

May 13, 2024

Paul Hastings LLP advised Blue Owl Credit Advisors LP, Blackstone Alternative Credit Advisors LLC, and Ares Capital Management LLC in Permira’s $6.9 billion all-cash acquisition of website design platform Squarespace, Inc. (NYSE: SQSP). With the completion of the transaction, Squarespace will become a privately held company. This is the latest multi-billion dollar tech deal the Paul Hastings finance practice has led this year, having recently advised Goldman Sachs in Thoma Bravo’s $5.3 billion acquisition of Darktrace.

Global Finance co-chairs Jennifer Yount and John Cobb led the Paul Hastings team, together with a large interdisciplinary team, which also included partners Michele Cohen, Jason Busch, Stephen Gruendel, Jesse Kirsch, Jane Song, Joe Opich, Molly Swartz, and Scott Flicker; Of Counsel Stacy Hopkins, Marina BegunJohn Gasparini, and Jennifer Riddle; and associates Stephen Rettger, Billal Khan, Andrew Barondess, Sean McKenna, Emma O’Hanlon, Emmanuel Davis, April White, Lena Son, Jonathan Korn, Ryan Poitras, Alexandra Daniels, and Kimia Favagehi.

More information can be found here.

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