Merger Notification - Announcement according to § 10 Cartel Act
Spaceship Intermediate 1, LP; Squarespace, Inc.
BWB/Z-6587
On 23.05.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Spaceship Intermediate 1, LP, a limited partnership which is ultimately indirectly controlled by the private equity firm Permira Holdings Limited, intends to indirectly acquire approximately 49% of the shares
in but no control over Squarespace, Inc., a US-based website building and hosting company.
J - PUBLISHING, BROADCASTING, AND CONTENT PRODUCTION AND DISTRIBUTION ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.06.2024.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 21.06.2024 .