I) OP is asking for the composition formula for so-called single mode squeezing operators, see eq. (8) below. We will not here prove the composition formula (8), but only give partial hints and references.
The key is to realize that one can identify
$$ \sigma_{+}~:=~-\frac{1}{2} a^{\dagger}a^{\dagger}, \qquad \sigma_{-}~:=~\frac{1}{2} aa, \qquad\sigma_{3}~:=~a^{\dagger}a+\frac{1}{2} ,\tag{1} $$
with generators of a $su(1,1)\cong so(2,1; \mathbb{R})\cong sl(2,\mathbb{R})$ Lie algebra
$$ [\sigma_{+},\sigma_{-}]~=~\sigma_{3} , \qquad [\sigma_{3},\sigma_{\pm}]~=~\pm2 \sigma_{\pm}. \tag{2}$$
Here the single mode creation and annihilation operators satisfy
$$ [a,a^{\dagger}]~=~1.\tag{3}$$
The squeezing operator
$$ S(z)~:=~\exp\Sigma(z),\qquad
\Sigma(z)~:=~z\sigma_{+} + z^{\ast} \sigma_{-}, \qquad z~\in~ \mathbb{C},\tag{4}$$
may be written in normal-ordered form
$$S(z)~=~\exp\left(t\sigma_{+}\right)\exp\left(\ln(1-|t|^2)\frac{\sigma_{3}}{2}\right)\exp\left(t^{\ast}\sigma_{-}\right),\tag{5}$$
cf. e.g. Ref. 1 eq. (1.207), or Ref. 2 eqs. (2.16) and (3.4). Here
$$ z~=~re^{i\theta}~\in~ \mathbb{C}, \qquad r~\geq~ 0, \qquad\theta~\in~ \mathbb{R},\tag{6}$$
and
$$ t~:=~e^{i\theta}\tanh(r)~\in~ \mathbb{C}.\tag{7}$$
The composition formula reads
$$\begin{align} S(z_1) S(z_2)~=~&S(z_3)\exp\left( \ln\frac{1+t_1 t_2^{\ast}}{1+t_1^{\ast}t_2} \frac{\sigma_{3}}{2}\right), \cr t_3~:=~&\frac{t_1+t_2}{1+t_1^{\ast}t_2}, \end{align}\tag{8}$$
cf. e.g. Ref. 2 Exercise 3.8.
II) The squeezing operators (4) may be viewed as elements of $SL(2,\mathbb{C})$. We may use the exponential map
$$\tag{9}\exp: sl(2,\mathbb{C}) ~\longrightarrow~ SL(2,\mathbb{C}) $$
to generalized to operators of the form
$$\begin{align} X(\vec{\alpha}) ~:=~&\exp\left( \vec{\alpha} \cdot \vec{\sigma} \right)~=~\exp\left( \alpha^{+} \sigma_{+}+\alpha^{3} \sigma_{3}+ \alpha^{-} \sigma_{-}\right),\cr
\vec{\alpha}~=~&(\alpha^{+},\alpha^{3}, \alpha^{-})\in \mathbb{C}^3. \end{align}\tag{10}$$
The composition formula (8) generalizes to the Baker-Campbell-Hausdorff (BCH) formula
$$ \vec{\gamma}~=~ \vec{f}(\vec{\alpha},\vec{\beta}), \tag{11} $$
where
$$ X(\vec{\alpha}) X(\vec{\beta}) ~=~X(\vec{\gamma}). \tag{12}$$
[See also this Phys.SE post for the corresponding BCH formula for $SU(2)$ and $SO(3;\mathbb{R})$.] Note however that the exponential map (9) is not surjective
$${\rm Im}(\exp)
~=~\left\{M\in SL(2,\mathbb{C}) \mid {\rm Tr}(M)\neq -2\right\} ~\cup~ \left\{-{\bf 1}\right\} \subsetneq SL(2,\mathbb{C}), \tag{13}$$
which means that the BCH map (12) has singularities.
References:
P. Kok and B.W. Lovett, Introduction to Optical Quantum Information Processing, 2010.
G.S. Agarwal, Quantum Optics, 2012. [Note that Ref. 2 has the opposite sign convention $z\to -z$ in eq. (4), see Ref. 2. eqs. (2.14) and (3.2).]
D.R. Truax, Baker-Campbell-Hausdorff relations and unitarity of $SU(2)$ and $SU(1,1)$ squeeze operators, Phys. Rev. D31 (1985) 1988.
R.A. Fisher, M.M. Nieto, and V.D. Sandberg, Impossibility of naively generalizing squeezed coherent states, Phys. Rev. D29 (1984) 1107; section III. (Hat tip: Cosmas Zachos.)