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Majority stake Announced Feb 2026

Blackstone to acquire Champions Group residential services platform

Relationship map

Relationship map for Blackstone to acquire Champions Group residential services platformbacksparent ofOdyssey Investment Partners: Pe FirmOIOdyssey Investment Pa…Blackstone (BXPE): Pe FirmBBBlackstone (BXPE)Champions Group: PlatformCGChampions Group
Pe FirmPlatform

Parties

Acquirer
Blackstone (BXPE)
Pe Firm
Target
Champions Group
Platform
Sponsor
Odyssey Investment Partners
Pe Firm

Market signals

Deal value$2.5B reported total consideration · approximate as reported by hvacknowitall.com

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

Blackstone signed a definitive agreement to acquire Champions Group, a residential services platform with 1,800 technicians and 150,000 active members, expanding into the residential repair and replacement market. Expected to close in H1 2026.