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Clyde & Co advises Skroutz Internet Services S.A. in relation to investment by CVC Capital Partners

  • Press Releases 14 May 2020 14 May 2020
  • UK & Europe

Global law firm Clyde & Co has advised Skroutz Internet Services S.A., a company which operates an e-commerce platform in Greece, on an investment by CVC Capital Partners.

Founded in 2005 and headquartered in Athens, Skroutz operates Greece's leading e-commerce platform which connects 6 million online shoppers with over 4,500 merchants. The transaction is subject to customary regulatory approvals. The terms of the transaction are not disclosed.

The Clyde & Co team was led by Partner Simon Gamblin, who was supported by Associates Ben Chalkley and Arjun Mehta.

Partner Simon Gamblin said: "We were delighted to act on this deal and advise our client in what is a particularly significant business sector in the current pandemic. This is another example of our cross-jurisdictional capabilities and strong presence in the Greek market."

Clyde & Co's corporate and commercial team advises on the full spectrum of corporate transactions from complex cross-border M&A and joint venture deals to strategic alliances, restructurings and investment work, often in relation to tech businesses.