CVC Capital Partners recently put the Greek eCommerce platform Skroutz up for sale and made a notable decision to forgo the use of investment bankers. Instead, they opted for artificial intelligence to manage the sale process.
This innovative approach highlights a significant shift in the investment banking landscape, where AI can streamline operations and reduce costs associated with traditional banking practices.
The use of AI in such high-stakes transactions could pave the way for more companies to consider similar strategies, potentially redefining the role of investment bankers in the future.