Blackstone × Skroutz — €635M Acquisition of Greece’s Leading Online Marketplace

Blackstone agreed to acquire a majority stake in Skroutz — Greece's leading online marketplace — from CVC Capital Partners Fund VII, valuing it at €635M including debt (CVC doubles its investment). Skroutz is a vertically integrated platform serving ~2.5M active users with 12M+ products from ~9,000 merchants, combining marketplace, proprietary last-mile logistics, fulfilment, fintech and retail media. George Chatzigeorgiou remains CEO; founders retain a stake.