American Express has agreed to acquire Tock, a reservation, table and event management technology provider, from Squarespace for $400 million in cash. The acquisition builds on American Express’s previous investments in dining, travel and entertainment. 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 and Card Member benefits.
The S&C team advising American Express includes Stephen Salley, Kristin Deliso and Rayna Guo. Michael Escue is advising on regulatory matters. Nader Mousavi, Mark Schenkel, Ryan Logan, Julia Caffery and April Yu are advising on intellectual property matters. Jeannette Bander and Brittney Kidwell are advising on executive compensation matters. Jameson Lloyd and James Patton are advising on tax matters.