Fenwick is representing Squarespace (NYSE: SQSP), a design-driven platform helping entrepreneurs build brands and businesses online, in its agreement to sell Tock, the reservation, table and event management technology provider, to American Express (NYSE: AXP) for $400 million.
As part of the deal, Squarespace and American Express will also partner to deliver additional value for small businesses that use American Express Cards through the Amex Offers program (digital card-linked offers) and Card Member benefits. The transaction is subject to customary closing conditions, including regulatory approval. More information can be obtained from Squarespace’s announcement.
The Fenwick transaction team includes corporate partners Bomi Lee and Lynda Twomey, associates Zachary Portnoy, Jordan Beals, Ryan Kidman and law clerk Nick Agostino; technology transactions partner Rufus Pichler, counsel Susanne Petersen and associate Ellis Liang; executive compensation and employee benefits partner Liz Gartland and associates Liza Morgan, Christophe Delrieu and Melita Chan; antitrust and competition partner Tom Ensign and associates Elizabeth Suarez and Susan Lee; trade and national security partner Robert Slack and associate Julia Kuelzow; tax partner Julia Ushakova-Stein, counsel Ariel Love and associates Kris Hatch and Einav Axler; privacy and cybersecurity counsel Melanie Jolson and associate Alyona Eidinger; and payments systems associate Igor Voloshin.