Latham & Watkins Advises Odyssey Investment Partners in Sale of Champions Group to Blackstone

Blackstone (NYSE: BX) announced that funds managed by Blackstone’s perpetual private equity strategy (BXPE) have entered into a definitive agreement to acquire Champions Group, a premier provider of essential home services, from Odyssey Investment Partners, LLC. Odyssey and management are retaining a significant minority investment alongside Blackstone. Terms of the transaction were not disclosed.

Latham & Watkins LLP represents Odyssey Investment Partners in the transaction with a corporate deal team led by New York partners Paul Kukish, Michael Vardanian, and Daniel Williams, with associates Josh Meyer, Junda (Joey) Yu, and Morgan Banaszak with assistance from Léa Nicolas. Advice was also provided on tax matters by New York partner Alan Kimball, with associate Chris Zhao; on benefits and compensation matters by New York partners Bradd Williamson and Max Raskin, with associate Drew Baker; on labor and employment matters by New York counsel Sandra Benjamin, with associate Alexis Grinstead; on intellectual property matters by New York partner Jeffrey Tochner, with associate Zachary Shufro; on data privacy and cybersecurity matters by Bay Area partner Robert Blamires, with associate Kathryn Parsons‑Reponte; on environmental matters by New York counsel David Langer; on real estate matters by New York counsel Shira Bressler, with associate Jennifer Lan; on capital markets matters by New York partner Salvatore Vanchieri, with associate Matthew DeSilva; on finance matters by New York partner Joshua Tinkelman, with associates Jordan Gratch and Kerry Pemberton; and on antitrust matters by Washington, D.C. partner Jason Cruise and New York counsel Jamie Sadler, with associates Andrew Paik and Charles McGrath.