Blackstone Nears $2.5B Champions Group Deal, Secures Hologic Approval
Blackstone nears a roughly $2.5 billion purchase of landscaping services provider Champions Group, expanding its stable-income service portfolio. The firm also secured Chinese approval for its joint acquisition of women’s health specialist Hologic and led a $10 billion debt financing for AI company Firmus.
1. Champions Group Acquisition
Blackstone is finalizing a roughly $2.5 billion purchase of Champions Group, a landscaping and exterior services provider for residential and commercial clients, aiming to bolster its portfolio of stable-income service businesses.
2. Hologic Deal Regulatory Approval
The firm and partner TPG received Chinese regulatory clearance to acquire Hologic, a specialist in women’s health diagnostics, broadening their healthcare services footprint in Asia.
3. Firmus Debt Financing
Blackstone led a $10 billion debt investment in Firmus to support the national rollout of its Project Southgate AI infrastructure platform, targeting increasing demand for high-performance computing.
4. Analyst Outlook and Capital Deployment
Piper Sandler lowered Blackstone’s price target from $168 to $158, citing tepid 2026 guidance, while investors await upcoming earnings for updates on capital deployment strategy.