Investment firm Blackstone has confirmed it will acquire Champions Group from Odyssey Investment Partners. The transaction marks a significant move into the essential home services sector. Champions Group operates an integrated model focused on residential repairs and replacements. It has built a large presence in top-tier markets with a workforce of over 1,800 technicians and a loyal base of 150,000 active members.

Frank DiMarco, CEO of Champions Group, said: “Partnering with Blackstone marks a defining next chapter for Champions Group. With Odyssey’s backing, we built one of the premier home services companies by empowering local leaders, investing in great teams, and earning customer trust. As we enter our next phase, we believe Blackstone’s resources and expertise will help us accelerate growth, strengthen our market leadership, and continue raising the bar for the home services industry.”

Blackstone intends to use its scale to further develop the Champions Group platform. Senior Managing Director Michael Staub and Managing Director Maury Bardovi stated: “We are thrilled to partner with Frank DiMarco and Odyssey as we continue to build Champions Group into a multi-service residential services platform. By bringing together best-in-class essential services under one umbrella, we have an opportunity to redefine what homeowners expect from a residential services provider—exceptional quality, reliability, and scale, all delivered locally. This partnership positions Champions Group to set a new standard for the industry and create long-term value for customers, employees, and the communities it serves.”

Odyssey first invested in the company five years ago and has overseen several strategic acquisitions during that period. Brian Kwait, CEO, and Dennis Moore, Managing Principal of Odyssey, said: “We are excited to partner with Blackstone in the next chapter of growth for Champions Group. Over the past five years, we have had the honor of collaborating with Frank DiMarco and his outstanding team to successfully build Champions Group into a larger and more diverse home services company through a range of value generating organic growth initiatives and several strategic acquisitions. We are grateful for their outstanding leadership and look forward to continuing to provide our support to Champions Group as they further expand an outstanding platform to serve customers at the highest level, with the added benefit of Blackstone’s strategic and financial resources.”

While the exact financial terms remain private, the deal is expected to be completed in the first half of 2026. Legal and financial advisors including Weil, William Blair and Latham & Watkins are involved in the process.