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Deal closed Feb 2026 Verified

Champions Group acquired by Blackstone BXPE

Blackstone's perpetual capital vehicle, BXPE, acquired Champions Group for an enterprise value of approximately $2.5 billion, implying a multiple of ~18.5x EBITDA.

“Champions Group to Blackstone's BXPE perpetual capital vehicle. ~$2.5B enterprise value on ~$140M EBITDA. Implied ~18.5x EBITDA. Announced February 2026.”

Entities

HVAC Sentiment: Neutral

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