WASHINGTON (dpa-AFX) - Blackstone, Inc. (BX) announced Tuesday that funds managed by Blackstone's perpetual private equity strategy or BXPE, have entered into a definitive agreement to acquire Champions Group, a premier provider of essential home services, from Odyssey Investment Partners, LLC. Terms of the transaction were not disclosed.
Odyssey and management are retaining a significant minority investment alongside Blackstone. The transaction is expected to close in the first half of 2026, subject to customary conditions.
Champions Group is a leading residential services platform providing essential home services to the residential repair and replacement market. The Company operates a scaled, integrated model across tier one MSAs with over 1,800 field technicians and 150,000 active members.
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