Blackstone ( BX ) on Monday said that funds managed by its private equity business have entered into a definitive agreement to acquire a majority stake in Skroutz, an online marketplace in Greece, from CVC Capital Partners Fund VII. Skroutz offers more than 12M products from approximately 9,000 merchants to around 2.5M active users. Founded in 2005, the company operates a vertically integrated pla...
Blackstone ( BX ) on Monday said that funds managed by its private equity business have entered into a definitive agreement to acquire a majority stake in Skroutz, an online marketplace in Greece, from CVC Capital Partners Fund VII. Skroutz offers more than 12M products from approximately 9,000 merchants to around 2.5M active users. Founded in 2005, the company operates a vertically integrated platform that combines its marketplace with proprietary last-mile logistics, fulfillment services, a licensed fintech offering, and a growing retail media business. Skroutz’s founders will sell a portion of their shareholding as part of the transaction but retain a stake and continue to lead the business. George Chatzigeorgiou will remain CEO. The transaction is expected to close in H2 2026, subject to regulatory approvals, Blackstone ( BX ) said. More on Blackstone Blackstone: Be Greedy When Others Are Fearful A Rare Chance To Buy Blackstone's $1.3 Trillion Empire At A Deep Discount Blackstone Inc. (BX) Q1 2026 Earnings Call Transcript Apollo, Blackstone, other private credit firms in talks for ~$35B financing for Broadcom - report MarineMax gains on report of increased takeover interest