This episode of Motley Full Money is brought to you by Square Space, which will be brought

to you soon by Premier of Private Equity.

Motley Full Money starts now.

I'm Dylan Lewis and I'm joined over the airwaves by Motley Fool analyst

Jason Moser. Jason thanks for joining me. Hey Dylan glad to be here how's

everything. Things are good we've got some deal-making going on in private

equity we've got the global EV race heating up and

we've got a look at a lesser known player in online advertising today.

Jason I love it when we check the news on a Monday morning and we've got a fun deal to

unpack certainly the case today website building sweet square space will be going

private thanks to an all-cash deal from private equity firm, Primera, valuing the company at around

6.9 billion dollars.

Seems like a nice time for us to reflect on Squarespace as a publicly traded company.

It has not exactly been a world beater, kind of went public at a tough time during the peak of the pandemic.

What do you think Premiera sees in Square Space's business?

Yeah, it's not been the greatest time for Square Space obviously a very competitive

industry in website building and in what comes with that I think that Premier

likely sees a couple of things I mean I think first and foremost they see this

massive market opportunity right? When you look at when you look at square spaces

S1 for example back when they went public in 2021 when they filed that S1.

They estimated, based on data from Intuit, they were estimating around 800 million small to medium sized businesses in a medium term

addressable market of 150 billion dollars at least.

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