Greek Startup Skroutz to be Acquired by Blackstone

Global investment giant Blackstone has agreed to acquire a majority stake in Greek e-commerce platform Skroutz from CVC Capital Partners in a deal valued at € 635 million.

Founded in 2005 as a price-comparison website, Skroutz has grown into Greece’s leading online marketplace, serving millions of users and thousands of merchants while expanding into Cyprus, Romania, and Bulgaria.

The acquisition is an important moment not only for Skroutz, but for the wider Greek startup ecosystem. It shows how a local idea can evolve into a highly profitable and internationally attractive technology company. The deal also highlights why investment in local startups matters: with the right support, funding, and long-term vision, regional companies can scale far beyond their domestic market and compete at a European level.

For Greece, the transaction sends a strong signal to international investors that the country is becoming a serious hub for entrepreneurship, innovation, and digital growth. Deals of this scale help place Greece firmly on the European startup map and could encourage more investment into the next generation of founders and tech companies.

Source:

Blackstone to buy leading Greek marketplace Skroutz from CVC Capital Partners 11 May, 2026