At what enterprise value was SKROUTZ acquired in 2026?

During the acquisition of SKROUTZ by BLACKSTONE in 2026, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SKROUTZ when it was acquired by BLACKSTONE?

The estimated EV/EBITDA multiple for SKROUTZ is in the range of Above 20x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

When was SKROUTZ acquired by BLACKSTONE?

SKROUTZ was acquired by BLACKSTONE in 2026.

What was the revenue of SKROUTZ at the time of the deal?

The revenue of SKROUTZ at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SKROUTZ during the acquisition?

SKROUTZ's EBITDA is estimated to be in the range of 5M - 25M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SKROUTZ acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the SKROUTZ deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.cvc.com/media/news/2026/blackstone-to-acquire-skroutz-greeces-leading-online-marketplace-from-cvc/

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Home Database TMT (Tech, Media, Telecom)SKROUTZ

05/2026

BLACKSTONE takes majority stake in SKROUTZ

GREECE Media & Internet / E-commerce & Marketplaces EV 500M - 1.5b EUR

Context

Blackstone has entered into a definitive agreement to acquire a majority stake in Skroutz, the leading online e-commerce marketplace in Greece, from CVC Capital Partners Fund VII. The transaction architecture includes a partial equity monetization by the company's historical founders, who will retain a minority stake and maintain operational leadership under the continued direction of CEO George Chatzigeorgiou. The transaction is expected to close in the second half of 2026, subject to customary regulatory approvals. The investment thesis is driven by regional e-commerce under-penetration and secular tailwinds across Southeast Europe, positioned against a strong Greek macroeconomic backdrop characterized by real GDP per capita growth consistently outperforming the eurozone average. Skroutz has successfully evolved from a price-comparison site into a pure, vertically integrated e-commerce ecosystem. The platform unifies a massive retail marketplace with proprietary last-mile logistics, fulfillment networks, a licensed fintech infrastructure, and an expanding retail media division.

SKROUTZ, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Skroutz, based in Greece, operates as an e-commerce marketplace platform connecting commercial merchants with digital consumer end-users. The company’s core digital infrastructure aggregates twenty-six million product listings from nine thousand active merchants to serve a base of two and a half million digital buyers. Revenue generation is driven by transactional commission fees levied on marketplace volume, augmented by ancillary monetization layers including in-house last-mile delivery services, fulfillment operations, and licensed fintech solutions. The integration of proprietary logistics networks establishes high switching costs for merchants bound to the platform’s localized distribution density. This structural entrenchment isolates the business from sub-scale competitors due to the capital-intensive nature of replicating a nationwide fulfillment and locker footprint in the regional market.

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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SKROUTZ by BLACKSTONE are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: skroutz

Acquirer: blackstone