Skroutz Acquired by Blackstone | Technology M&A Deal

Blackstone has acquired the majority stake in Skroutz, a ecommerce business in Greece, for $747 million. Skroutz operates an online marketplace for consumer products and services, supporting digital shopping and local delivery across Greek cities. Blackstone acquisitions in technology M&A focus on scaling high-traffic platforms, and Skroutz acquisition strengthens its ecommerce acquisition thesis in Southern Europe. The platform acquisition is an announced private equity acquisition with deal size above $100M, positioning Blackstone for platform acquisition growth through operational improvements and customer acquisition.