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Stock impact report

Blackstone is betting on your local handyman [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Who is the Champions Group? Leland Smith founded Champions Group in 2000. They provide home services, including residential repair, air conditioning, heating, and HVAC. The Champions group has 1,800 fields technically, and 150,000 active members Though the terms of the deal will not be disclosed until the first half of 2026, Reports from Bloomberg and other industry insiders have valued it at around $2.5 billion Given earnings of $140 million , the deal trades at 18.5x EBITDA , which is a very high value and high cash flow, especially in a recession Odyssey Investment Partners is making a large minority investment, signaling that it values the business and the benefits of Blackstone's ownership Think about it. The home repair industry is a lucrative business. Someone is always going to have their bathroom fixed or have heating issues in the winter. More Fund Managers: Ray Dalio's Bridgewater invests $253 million in major AI stock JPMorgan builds $2.93 billion stake in Show less Read more
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