Full-Time
Updated on 8/17/2026
Holding company growing home services brands
$125k - $140k/yr
Brea, CA, USA
In Person
Bachelor's, MBA
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Champions Group Holdings acquires and grows home service brands that serve residential customers with services like HVAC, plumbing, electrical work, indoor air quality improvements, and insulation. These services are delivered through its portfolio brands, which emphasize transparent pricing with written guarantees that the quoted price is final and free of hidden fees. The company differentiates itself by a portfolio-and-brand-partnership model focused on operational excellence and personnel development to boost profitability and market value for each brand. Its goal is to maximize value across the portfolio by expanding service offerings and improving operations while maintaining customer trust and competitive pricing.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Irvine, California
Founded
N/A
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/PRNewswire/ -- CHAMPIONS GROUP HOLDINGS, a premier provider of essential home services, is proud to announce the acquisition of Powell Electric, a leading...
Powell Electric acquisition bolsters Champions Group. Strategic expansion in Southern California. Champions Group Holdings just snagged Powell Electric, and it's a pretty big deal in the world of home services down in SoCal. This move has the company broadening its horizons, all in pursuit of dominating high-demand markets across the United States. Champions isn't dabbling - it's setting up camp where the real action is. A legacy built over decades. Founded back in 1971, Powell Electric isn't some fledgling upstart trying to find its footing. With over half a century of experience, they've built a rock-solid brand based on three pillars: customer trust, top-notch technical skills, and a service model that leaves competitors in the dust. If anyone's wondering why Champions decided to bring Powell into the fold, just look at how they've carved out a reputation you can't put a price on. "Powell Electric is a name Southern California homeowners have trusted for decades, and that kind of reputation isn't built overnight - it's built one job, one customer, and one referral at a time." - Frank DiMarco, CEO of Champions Group Commitment to excellence and trust. From what Champions' CEO Frank DiMarco's been saying, this isn't just about expanding a portfolio. It's clear the goal is to maintain a standard of quality and trust that's set them apart from others in the business. By adding Powell Electric's technical prowess and renowned customer service to their arsenal, Champions is doubling down on its mission to offer a comprehensive suite of essential home services. Echoing perspectives. Jason Powell, who's been steering Powell Electric as President and GM, seems to be all in on this union. The partnership was a no-brainer for him because both companies prioritize people and doing the job right. And hey, isn't that what customers want? Knowing that the hands they trust with their home services are just as invested in integrity and quality as they are in getting things done. * Brand Independence: Powell Electric will still be Powell Electric, just with a bit more muscle now thanks to Champions. * Employee Growth: Team members get to stay right where they are, growing under the banner of a stronger, more capable enterprise. * Improved Customer Experience: Customers can expect the same great service, but with added resources boosting their satisfaction. The bigger picture of Champions Group. Now, for those of you tracking trends in the sector, Champions Group, hailing from Orange County, isn't just any player in home services. With expertise cutting across heating, air conditioning, plumbing, and electrical services, they're a jack-of-all-trades that's mastered the game. Their mantra hinges on three principles: trust, safety, and integrity. Somehow, it feels like this acquisition is another chess move toward creating not just a service company, but a community staple. What's next for stakeholders? Investors should start paying closer attention to these kinds of maneuvers. It's not just about immediate gains but watching how such strategic expansions can fortify market presence. Champions is increasingly cementing itself as a heavyweight, snapping up seasoned players like Powell to complement its existing talents. No doubt about it, the value proposition for Champions Group just shot up a few notches. This isn't just business growth - it's evolution. With moves like this, the company's telling the market it's not content sitting pretty where it is. It's hungry for more, willing to shake up the status quo, and poised to outlast the competition. For anyone keeping tabs, this isn't a footnote - it's a headline to watch.
Blackstone has signed a definitive agreement to acquire Champions Group, a residential renovation services provider, from Odyssey Investment Partners. The transaction is expected to close in the first half of 2026, subject to customary conditions. Champions Group operates an integrated model with over 1,800 field technicians and 150,000 active members, providing repair and replacement services in the residential market. The company has developed a differentiated approach based on its membership model and commitment to customer service. Financial terms were not disclosed. Odyssey Investment Partners and Champions Group's management will retain a significant minority stake alongside Blackstone following the transaction.
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Blackstone announces agreement to acquire Champions Group. NEW YORK-(BUSINESS WIRE)-Blackstone (NYSE: BX) announced today that funds managed by Blackstone's perpetual private equity strategy (BXPE) ("Blackstone") have entered into a definitive agreement to acquire Champions Group, a premier provider of essential home services, from Odyssey Investment Partners, LLC ("Odyssey"). Odyssey and management are retaining a significant minority investment alongside Blackstone. 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. Champions Group has built a differentiated go-to-market approach anchored by its membership model and longstanding commitment to delivering top-tier service to its loyal customer base. 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." Michael Staub, Senior Managing Director, and Maury Bardovi, Managing Director at Blackstone, said: "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." Brian Kwait, Chief Executive Officer, 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." Terms of the transaction were not disclosed. The transaction is expected to close in the first half of 2026, subject to customary conditions. Weil served as a legal advisor to Blackstone. William Blair is serving as lead financial advisor to Champions Group and Odyssey, with Piper Sandler and Baird as co-financial advisors. Latham & Watkins LLP is serving as legal counsel to Odyssey. About Blackstone Blackstone is the world's largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone's $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. About Champions Group Based in Orange County, CA, Champions Group is a leading provider of essential home services specializing in heating, air conditioning, plumbing and electrical services. With the mission to maintain long-term relationships with its customers, Champions Group is dedicated to delivering timely, high-quality services across a comprehensive suite of HVAC, electrical and plumbing products. About Odyssey Investment Partners Odyssey Investment Partners is a leading private equity investment firm with more than a 25-year history of partnering with skilled managers and using its buy, build and integrate approach to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority-controlled investments in industrial and business services sectors with a long-term positive outlook and favorable secular trends. For further information about Odyssey, please visit www.odysseyinvestment.com. Media contacts. 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