Champions Group Expands Into Southeast With Acquisition

Irvine-based Champions Group Holdings, a provider of heating, air conditioning, plumbing and electrical services, has acquired Atlanta-based Bardi Heating, Cooling, Plumbing and Electric, marking its first expansion into the southeastern United States. Financial terms of the acquisition were not disclosed. The the early November acquisition continues Champions Group’s national roll-up strategy, which has brought more than 20 home services brands under its umbrella. Earlier this year, Blackstone Inc. acquired a majority stake in Champions Group in a deal reportedly valued at $2.5 billion. Recent acquisitions include Lex Air Conditioning, Heating, Plumbing & Electrical in Texas, Bee’s Plumbing and Heating in Seattle and McAfee Heating and Air Conditioning in Ohio. “Bardi has built something special in Atlanta — a team that treats every customer like family,” Champions Group CEO Frank DiMarco said in a statement.

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