Blackstone Nears $2.5 Billion Acquisition of Champions Group

Blackstone is reportedly in advanced discussions to purchase the residential services provider Champions Group for approximately $2.5 billion. Bloomberg posted on X, citing sources familiar with the situation, that the negotiations are progressing, although no final agreement has been reached yet. The acquisition, if finalized, would mark a significant expansion for Blackstone in the residential services sector. Further details about the potential deal remain undisclosed at this time.