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Blackstone's (BX) Perpetual Private Equity Strategy Fund To Acquire Champions Group
Blackstone Inc. (BX) announced that its perpetual private equity strategy fund has entered into an agreement to acquire Champions Group, a prominent home services company. This acquisition, expected to close in the first half of 2026, aligns with Blackstone’s strategy to expand into a multi-service powerhouse and build platforms in fragmented industries like home services. Champions Group offers essential residential services with over 1,800 field technicians and 150,000 active members.