Blackstone to acquire Champions Group for $2.5 billion

Private equity giant Blackstone will acquire Champions Group, a residential HVAC, plumbing, and electrical platform. The deal is valued at $2.5 billion and marks the first major platform-level residential HVAC transaction since May 2025.

“Residential HVAC, plumbing, and electrical platform Champions Group will be acquired by private equity giant Blackstone”

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