Oct 17, 2024 | GroveStreet, In the News
GroveStreet has been an investor in Accel since 2009. Accel’s first Growth Fund led Squarespace’s $38M Series A in 2010. Squarespace went public in May 2021 via a direct listing at a $6.6B enterprise value, at which point Accel partially realized its investment. In October 2024, Accel fully realized its interest in Squarespace when Permira acquired the Company in an all-cash take-private deal valuing the company at $7.2B, or a 36% premium over the stock’s 90-day average price. Read more about the deal here.
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Oct 16, 2024 | GroveStreet, In the News
Building on a friendship formed over the taping of a Capital Allocators episode on GroveStreet, Bruce Ou joined Ted Seides for the 2024 Private Markets Summit, which convened leading GPs and allocators in an invite-only setting to discuss evolving trends and opportunities in private equity. To learn more about GroveStreet’s views on the current private equity landscape or the opportunities we are pursuing for our investment partners, contact us here to set up a call. We’re pleased to be part of the Capital Allocators community and the broad set of resources it makes available to investors.
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