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Announced

American Express to acquire Tock from Squarespace for $400m.

Synopsis

American Express, an American bank holding company, agreed to acquire Tock, a reservation, table, and event management technology provider, from Squarespace, a website building and hosting company, for $400m. "Since adding Tock as a Squarespace company in 2021, we have been honored to partner together to serve the hospitality industry. We are thankful for Matt's leadership and the team's emphasis on innovative products and world class customer care. Our shared commitment to help small businesses grow has been core to our partnership and we believe the Tock business will continue to thrive in its exciting next chapter with American Express," Anthony Casalena, Squarespace Founder and CEO.

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