Success stories

euShipments.com

Success-Stories-euShipments-web-banner-1.jpg

Established: 2012

Region: Bulgaria

Investors: BlackPeak Capital

euShipments.com is the leading integrated e-commerce logistics and fulfilment platform in SEE. Founded in 2012 and headquartered in Ruse, Bulgaria, the company operates in the fast-growing segment of e-commerce logistics, enabling online merchants to deliver efficiently across Europe through a fully integrated logistics solution - from warehousing and fulfilment to cross-border delivery and returns. Leveraging a proprietary IT platform and a network of 60+ last-mile courier partners, the company gives clients access to over 800 delivery methods across all 27 EU member states.

BlackPeak Capital invested in euShipments.com in 2022, partnering with the founders to further accelerate its growth trajectory and improve operational efficiency. The transformational partnership helped unlock the full potential of the business by expanding from a single-market operator into a true regional leader with an established footprint in more than 27 markets. BlackPeak supported the founders in all strategic aspects and led the inorganic expansion, completing four strategic acquisitions in Bulgaria, Croatia, Romania, and Slovakia. These were instrumental in gaining local market access, expanding operations, and strengthening the delivery network, which resulted in a significant competitive edge for the group. The execution of the strategy is also an excellent example of synergies creation where euShipments.com leveraged its strong proprietary technology platform and operational know-how across the group to create incremental value, which now contributes close to 50% of total company value. The result: over 10x revenue growth, 1M+ parcels processed per month, and a platform serving 1,400+ active eCommerce clients across Europe.

The investment culminated in 2026 when BlackPeak fully exited to the Austrian Post, which acquired 70% stake of euShipments.com as part of their LEAD 2030 growth strategy - a transaction recognised as Deal of the Year at the Forbes Business Awards 2026. As part of the deal, the existing founders and key management retain an interest in the business and will continue running the company as a stand-alone entity serving as the pan-European fulfilment platform of the Austrian Post, a testament to the quality of the operations and value creation over the past four years.

euShipments.com is a compelling example of the transformative role of private equity: backing visionary founders early, professionalising and scaling operations, and ultimately attracting a major strategic partner.

Svetlozar_Dimitrov_CEO_euShipments.jpg

Svetlozar Dimitrov

Co-founder and CEO - euShipments.com

Our partnership with BlackPeak Capital was instrumental in accelerating euShipments.com's growth and international scale. This collaboration delivered substantial revenue growth and firmly positioned euShipments.com among Europe’s leading eCommerce fulfillment and logistics players. Together with Austrian Post, we are now opening a new chapter of development and growth. This strategic partnership will strengthen our regional position, expand our service portfolio and network, and enhance our efficiency - enabling our clients to sell online and deliver even more competitively and borderless.

10x
Revenue growth achieved during BlackPeak's investment period
300+
New jobs created across Southeast Europe
1mn+
Parcels processed per month

Key achievements

  • Over 10x revenue growth achieved during BlackPeak's investment period, reaching ~€51m in 2025

  • Scaled from a single-market operator to a pan-European platform, with delivery coverage across all 27 EU member states

  • Four strategic acquisitions executed and seamlessly integrated in Bulgaria, Croatia, Romania, and Slovakia, significantly expanding operational footprint

  • Six new fulfilment centres opened during investment period, reaching 40,000+ m² of operational space

  • Processing capacity scaled to 1+ million parcels per month (from less than 100 000 at the time of initial investment)

  • Courier network expanded to 60+ partners, offering merchants 800+ delivery methods across Europe

  • 300+ new jobs created during the investment period

  • For the fourth consecutive year included in the FT1000 ranking of Europe's fastest-growing companies, reaching #180 overall and #8 in logistics in 2026

  • Successfully exited to Austrian Post in 2026 to become their pan-European fulfillment platform

  • Transaction recognised as Deal of the Year at the Forbes Business Awards 2026

Funding history

  • 2022: BlackPeak Capital invested EUR 4.5m in euShipments.com to support the founders in the next stage of the company's development, namely for inorganic growth

  • 2022: Acquisition of the Croatian logistics company Pick&Pack

  • 2023: Acquisition of the Romanian logistics company Helpship

  • 2023: Acquisition of a Bulgarian logistics company

  • 2024: Acquisition of the Slovak logistics company Swiss Point Data

  • November 2025: Austrian Post signed a definitive agreement to acquire a 70% stake in euShipments.com, with an option to acquire the remaining 30% within four years

  • March 2026: Transaction successfully closed with BlackPeak Capital fully exiting its investment

Employment impact  

  • 300+ new jobs created during BlackPeak's investment period

  • Workforce grew from ~40 employees at investment to 400+ at exit

  • Expansion into multiple new markets supporting regional employment across Southeast and Central Europe

  • Strengthened corporate governance and leadership team during investment period

Visit website