Who owns this business? · HVAC · plumbing · electrical
Owner or operating group
Champions Group Holdings
Blackstone-managed BXPE funds; Odyssey and management retain minority investment
The sources below support these connections as of the dates shown. Exact ownership percentages are often private.
Founded in 2004. The release names founders Cory and Anthony Contreras and says the brand continues following acquisition; no retained equity percentages are stated. The company blog is posted January 21, while the embedded release is dated January 15. The transaction uses the embedded announcement date. Current affiliation was checked in the platform directory. October 23 correction: HarbourVest’s first-party fund report confirms the sponsor sale completed. The separate operating-brand evidence dates are unchanged.
Business ID: US005. Ownership sources: US-S005 US-S014 S024 US-S015. Ownership can change after the date checked.
Lex Cooling, Heating, Plumbing & Electrical acquired by Champions Group Holdings
Current connection · acquisition; equity percentage not disclosed · Observed 2026-10-23 US-S005 US-S014
The start date is the date on the press release, not a legal closing date. The company blog is posted January 21, while the embedded release is dated January 15. The transaction uses the embedded announcement date.
Champions Group Holdings acquired by Blackstone
Current connection · control acquisition through BXPE funds; existing shareholders collectively retain 30% · Observed 2026-10-23 S024 US-S015
The investor fund report confirms completion in February 2026 without an exact closing day. The control start is month precision; the separate transaction preserves the February 17 announcement date.
Champions Group Holdings minority investment from Odyssey Investment Partners
Current connection · retained minority; Odyssey’s individual percentage not disclosed · Observed 2026-10-23 S024 US-S015
The buyer announcement identifies Odyssey and management as retaining minority stakes; the subsequent fund report confirms closing and a collective 30% retained by existing shareholders. Do not allocate the 30% solely to Odyssey.
Past and other connections are listed below.
Past connection · former lead sponsor; minority rollover recorded separately
Lead sponsor role ended in February 2026 according to the investor realization report; exact close day is unknown. Odyssey’s retained minority interest is separate from former control.
From unknown · Until 2026-02 · Checked 2026-10-23 · Link R016 S023 S024 US-S015
Current connection · control acquisition through BXPE funds; existing shareholders collectively retain 30%
The investor fund report confirms completion in February 2026 without an exact closing day. The control start is month precision; the separate transaction preserves the February 17 announcement date.
From 2026-02 · End date not given · Checked 2026-10-23 · Link R017 S024 US-S015
Current connection · acquisition; equity percentage not disclosed
The start date is the date on the press release, not a legal closing date. The company blog is posted January 21, while the embedded release is dated January 15. The transaction uses the embedded announcement date.
From 2026-01-15 · End date not given · Checked 2026-10-23 · Link US-R005 US-S005 US-S014
Current connection · retained minority; Odyssey’s individual percentage not disclosed
The buyer announcement identifies Odyssey and management as retaining minority stakes; the subsequent fund report confirms closing and a collective 30% retained by existing shareholders. Do not allocate the 30% solely to Odyssey.
From 2026-02 · End date not given · Checked 2026-10-23 · Link US-R013 S024 US-S015
A deal’s announcement and closing can happen on different dates. A sale of a franchise system can leave the local franchise owner unchanged.
Announced · control acquisition · Status at snapshot: Deal closed
Buyer: Blackstone
Blackstone-managed BXPE funds become controlling sponsor; Odyssey and management retain minority interests.
Completed in February 2026 according to the March-period investor report. Exact closing day is unknown, so close_date remains blank. The original February 17 announcement date is preserved; retained percentages by individual shareholder are unknown. S024 US-S015
Announced · acquisition · Status at snapshot: Deal closed
Buyer: Champions Group Holdings
The acquired brand is currently listed in Champions Group Holdings’s corporate directory.
The company blog is posted January 21, while the embedded release is dated January 15. The transaction uses the embedded announcement date. Consideration, exact operating-company equity percentage and separate close date are not established. US-S005 US-S014
medium priority · Question US-U001
Affiliation and reported acquisitions are documented; undisclosed percentages, consideration and legal close dates remain unknown.
What would answer this: Transaction documents, corporate filings, or explicit first-party closing and retained-interest disclosures. · Checked 2026-10-23
low priority · Question US-U002
Posting dates and release datelines are preserved in source notes. No posting date is represented as an independently verified close date.
What would answer this: Dated closing documentation or clarifying issuer statement. · Checked 2026-10-23
medium priority · Question US-U003
Completed sponsor transfer documented; February 2026 precision only, with individual retained interests unknown.
What would answer this: Closing documentation or explicit shareholder-level disclosures. · Checked 2026-10-23
Open a source for its dates, the connection it supports, and a link to the original.
Acquisition of Lex Cooling, Heating, Plumbing & Electrical by Champions Group Holdings; reported local services and market.
The company blog is posted January 21, while the embedded release is dated January 15. The transaction uses the embedded announcement date.
Current listing of Lex in Richardson, Texas and Bees Plumbing and Heating in Seattle, Washington.
Undated live portfolio directory observed October 23, 2026. Does not establish sponsor transfer closing or individual operating-company equity percentages.
Agreement to acquire Champions; expected close in first half of 2026
Completed Champions Group sale from Odyssey to Blackstone BXPE; February 2026 realization; existing shareholders collectively retained 30%.
Report period is March 31, 2026; a distinct publication date is not established. Printed pages 3 and 5 (PDF pages 3 and 5). Exact closing day and allocation of the collective retained stake are not disclosed.
Service Wizard acquisition