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Announced

Squarespace to acquire Tock for $400m.

Synopsis

Squarespace, the all-in-one website building and ecommerce platform, agreed to acquire Tock, a unified system serving the hospitality industry with online reservations, table management, takeout, and events in one place, for $400m. "Squarespace and Tock have a shared mission of elevating and enabling our customers' success and passion. Combining Tock's unified platform and years of hospitality industry expertise with Squarespace's reach, resources, and design-forward products, in our view, creates an opportunity to deliver a best-in-class solution to millions of entrepreneurs and small businesses around the world," Nick Kokonas, Tock Founder and CEO.

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