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Recapitalization Announced Feb 2026 Verified

Blackstone (BXPE) agrees to acquire Champions Group from Odyssey

Relationship map

Relationship map for Blackstone (BXPE) agrees to acquire Champions Group from Odysseyparent ofBlackstone (BXPE): Pe FirmBBBlackstone (BXPE)Champions Group: PlatformCGChampions Group
Pe FirmPlatform

Parties
Acquirer
Blackstone (BXPE)
Pe Firm
Target
Champions Group
Platform
Sponsor
Blackstone (BXPE)
Pe Firm

Market signals
EBITDA multiple18.5× reported source

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

Definitive agreement Feb 17 2026 (~$2.5B EV on ~$140M EBITDA, ~18.5x); Odyssey + management retain minority. NOT closed as of the source date.

Primary source