STJ Advisors is pleased to announce the completion of a €100 million financing round for Citibox
2026
STJ Advisors is pleased to announce the completion of a €100 million financing round for Citibox, led by Ithaka Infrastructure Partners. STJ Advisors was delighted to serve as exclusive financial advisor.
Overview of Transaction
On April 27, 2026, Citibox announced the closing of a €100 million financing round, led by Ithaka Infrastructure Partners.
The transaction comprises €70M in equity plus €30M in debt to finance the company’s locker rollout and expansion in multiple countries.
This financing round will allow the company to consolidate its position as the leading operator of e-commerce infrastructure, critical for the long-term development of last-mile logistics.
Citibox recently signed a Europe-wide agreement with Amazon that will allow Amazon customers to receive their purchases directly in the smart lockers installed in their buildings.
Today Citibox is the largest European network of smart lockers installed in residential building, allowing customers to receive and return e-commerce purchases in a seamless way.
STJ Advisors’ role
STJ served as the exclusive financial advisor to Citibox and was instrumental in achieving the best outcome for Citibox, completing a transformational transaction in tough market conditions.
STJ provided access to a broad range of investors with a specific interest in the sector. This significantly increased competitive tension and allowed Citibox to optimise the deal terms and valuation.
This transaction highlights STJ Advisors’ strong domain expertise in the logistics space having previously advised InPost on its IPO and several follow-on transactions.
