Sources: e-commerce roll-up firm Kite, which was cofounded by Blackstone in 2022 and closed a $200M equity commitment, shut down earlier in 2024
Natasha Mascarenhas / The Information : X: @nmasc_ X: Natasha Mascarenhas / @nmasc_ : Scoop: Behind the shut down of a Blackstone-founded e-commerce roll up startup. Kite, which launched with a stacked exec team & $200 million in committed capital, only acquired two brands before closing shop. https://www.theinformation.com/ ...