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Blackstone

Operating Company

Blackstone logo
Founded 1937 Website
HvacRefrigeration

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership map for BlackstoneDivestedDivestedFormerly Known AsPart Ofbacked bybacked bybacked bybacked bybacked bybacked byparent ofparent ofparent ofparent ofparent ofrolled up intorolled up intorolled up intorolled up intorolled up intorolled up intoASI Hastings Heating, Air & Solar: Operating CompanyASI Hastings Heating,…Armacell: PlatformARArmacellBee’s Plumbing and Heating: Operating CompanyBee’s Plumbing and He…Bell Brothers Heating & Air Conditioning: Operating CompanyBell Brothers Heating…Blackstone: Operating CompanyBlackstoneBlackstone (BXPE): Pe FirmBBBlackstone (BXPE)Bueno Analytics: Operating CompanyBABueno AnalyticsCMTA: Operating CompanyCMTACenterOak Partners: Pe FirmCPCenterOak PartnersChampions Group: PlatformCGChampions GroupCopeland: PlatformCopelandDe Xu: Operating CompanyDXDe XuEmerson: Operating CompanyEmersonEmerson Climate Technologies: PlatformECEmerson Climate Techn…Emerson Electric: Operating CompanyEmerson ElectricFetch-A-Tech: Operating CompanyFetch-A-TechGemspring Capital: Pe FirmGCGemspring CapitalKLOK Group: Operating CompanyKGKLOK GroupLegence Corp.: Operating CompanyLCLegence Corp.Lex Cooling, Heating, Plumbing & Electrical: Operating CompanyLex Cooling, Heating,…M and M Heating, Cooling, Plumbing and Electrical: Operating CompanyMAM and M Heating, Cool…McAfee Heating and Air Conditioning: Operating CompanyMcAfee Heating and Ai…Odyssey Investment Partners: Pe FirmOIOdyssey Investment Pa…Partners Group: Pe FirmPGPartners GroupPoliPex: Operating CompanyPOPoliPexRE Tech: Operating CompanyRTRE TechSWAN Heating & Air Conditioning: Operating CompanySHSWAN Heating & Air Co…Seatown Electric, Plumbing, Heating & Air: Operating CompanySeatown Electric, Plu…Service Wizard Heating & Air Conditioning: Operating CompanyService Wizard Heatin…Shadpour Consulting Engineers Inc. (SC Engineers): Operating CompanySCShadpour Consulting E…Sierra Air (Reno): Operating CompanySierra Air (Reno)TB Concept Inc.: Operating CompanyTCTB Concept Inc.The Bowers Group: Operating CompanyTBThe Bowers GroupTherma Holdings LLC: PlatformTHTherma Holdings LLCTrinity Process Solutions Inc.: Operating CompanyTPTrinity Process Solut…White-Rodgers: Operating CompanyWRWhite-RodgersWrench Group: PlatformWrench GroupYearout Mechanical: Operating CompanyYMYearout Mechanical
Operating CompanyPe FirmPlatform

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Market signals

Acquisition history

Acquisition timeline20202021202220232024202520262020 · Majority stake → RE Tech2020 · Majority stake → Therma Holdings LLC2022 · Majority stake → Copeland2022 · Majority stake → White-Rodgers2026 · Majority stake → Champions Group (verified)
5 recorded deals, 2020–2026verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded acquired companies California: 2 acquired companies Colorado: no recorded acquired companies Connecticut: no recorded acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: no recorded acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: no recorded acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: no recorded acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: no recorded acquired companies Missouri: 2 acquired companies Mississippi: no recorded acquired companies Montana: no recorded acquired companies North Carolina: no recorded acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: no recorded acquired companies New York: no recorded acquired companies Ohio: no recorded acquired companies Oklahoma: no recorded acquired companies Oregon: no recorded acquired companies Pennsylvania: no recorded acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: no recorded acquired companies Texas: no recorded acquired companies Utah: no recorded acquired companies Virginia: no recorded acquired companies Vermont: no recorded acquired companies Washington: no recorded acquired companies Wisconsin: no recorded acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. California 2
  2. 2. Missouri 2
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands Blackstone acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Majority stake Nov 2022

Emerson to Sell Majority Stake in Climate Technologies to Blackstone

Blackstone → Copeland
Majority stake Nov 2022

Emerson to Sell Majority Stake in Climate Technologies to Blackstone

Blackstone → White-Rodgers
Majority stake Nov 2020

Blackstone to acquire Therma Holdings from Gemspring Capital

Blackstone → RE Tech
Majority stake Nov 2020

Blackstone to acquire Therma Holdings from Gemspring Capital

Blackstone → Therma Holdings LLC
Majority stake Feb 2026
Verified

Blackstone to Acquire Champions Group for $2.5 Billion

Blackstone → Champions Group
$2.5B reported total considerationas reported by homepros.news