Champions Group Holdings
Orange County, CA · CEO Frank DiMarco
How it operates
Multi-brand residential HVAC, electrical and plumbing platform built under Odyssey Investment Partners, operating in tier-one MSAs with more than 1,800 field technicians and about 150,000 active service-membership customers — one of the largest disclosed membership bases in the sector, and a useful benchmark for the recurring-revenue model Tampa Bay platforms are pursuing. Blackstone agreed to acquire the company in February 2026 with Odyssey retaining a significant minority stake; Bloomberg reported a value near $2.5 billion.
Tampa Bay brands (0)
No Tampa Bay brand confirmed yet — tell us if you know one.
Deal history in the region
Capital events
Recapitalizations, sponsor changes, debt raises, bankruptcies and exits at the platform level. These set the clock that local brands live on.
- exit — Blackstone agrees to acquire Champions Group from Odyssey Investment Partners, which retains a significant minority stake; expected to close in the first half of 2026. Price not disclosed by the parties; Bloomberg reported roughly $2.5 billion. [source]
People
- Frank DiMarco — platform ceo. CEO of Champions Group Holdings, the Orange County, California HVAC platform Blackstone agreed to acquire from Odyssey Investment Partners in February 2026.
Frequently asked
Who owns Champions Group Holdings?
Champions Group Holdings is owned by its investors — Odyssey Investment Partners, Blackstone Inc. — together with management.
Which Tampa Bay companies does Champions Group Holdings own?
None confirmed in our database yet.
Does Champions Group Holdings keep the local brand names?
Multi-brand residential HVAC, electrical and plumbing platform built under Odyssey Investment Partners, operating in tier-one MSAs with more than 1,800 field technicians and about 150,000 active service-membership customers — one of the largest disclosed membership bases in the sector, and a useful benchmark for the recurring-revenue model Tampa Bay platforms are pursuing. Blackstone agreed to acquire the company in February 2026 with Odyssey retaining a significant minority stake; Bloomberg reported a value near $2.5 billion.
Is Champions Group Holdings private equity?
Yes — it is a private-equity-backed platform (see the capital chain above).
Sources Reported — credible press
- Blackstone (2026-02-17) — press release. Orange County CA HQ, CEO Frank DiMarco, 1,800+ technicians, 150,000 members, Odyssey minority rollover
- Bloomberg (2026-02-17) — news. ~$2.5B reported value; headline only, article not fetched
Researcher notes: No confirmed Tampa Bay operating presence was established. Included for the debt-and-exits narrative and because the parties do not enumerate markets; a Champions brand-list check is a gap. Note that at least one low-quality aggregator misdescribed this deal as a sports/live-events acquisition — that is a different Champions entity.
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