Champions Group Holdings, the Orange County, California-based residential services platform, has acquired Bardi Heating, Cooling, Plumbing and Electric, a multi-trade home services provider based in the Atlanta, Georgia area. Financial terms were not disclosed. The deal is Champions’ first entry into the southeastern United States, and Bardi will retain its brand and continue operating under its existing name.
The asset: a 37-year Metro Atlanta multi-trade brand
Bardi was founded in 1989 by Alex Bardi and is headquartered in Norcross, Georgia, with an additional office in Roswell, serving residential customers across Metro Atlanta. The company is led today by President Adam Bardi and offers heating, cooling, plumbing, and electrical service under one name — built, in the company’s words, on treating every customer like a friend and neighbor, with qualified technicians, upfront pricing, and guaranteed satisfaction.
Adam Bardi framed the deal around culture and runway rather than an exit: “We’ve always been about taking care of people first. Champions Group operates the same way… and I’m excited to see what we can build together as we expand across the Southeast.”
The buyer: a recapitalized platform widening its map
Champions Group, formerly Service Champions, operates a portfolio of local HVAC, plumbing, and electrical brands anchored by a membership model. In February 2026, funds managed by Blackstone’s perpetual private equity strategy agreed to acquire the company from Odyssey Investment Partners (covered here), with the stated goal of building a broader multi-service residential platform.
Its first announced deal after that agreement, Powell Electric in August, added a trade inside Champions’ Southern California home market. Bardi is the opposite move: a new region. CEO Frank DiMarco described the Southeast as a key market for the company’s growth strategy and said Champions is “proud to welcome [Bardi] into Champions Group as we plant our flag in the Southeast.”
Why a multi-trade beachhead matters
When a platform enters a new region, the first acquisition sets the template for everything that follows. A beachhead that already performs HVAC, plumbing, and electrical work gives the buyer a full-service brand on day one, a local management team, and a recognizable name to build around — rather than a single-trade shop that would need to be filled in later.
Atlanta is also one of the most contested residential services markets in the country, with several well-capitalized platforms already active across the Southeast. Entering through a long-tenured, family-led brand with established reputation is generally a faster path to share than building from scratch, and it positions Bardi as the natural hub for add-on acquisitions in surrounding Georgia and Southeastern markets.
What it means
For Atlanta-area and Southeastern owners, the buyer universe just got larger. A West Coast platform with a large-cap sponsor now has a local anchor and a stated intention to expand across the region — which typically means tuck-in conversations follow. Multi-trade capability, brand reputation, and a management team that can stay in place are the attributes this kind of buyer has shown it values.
What that means for any particular business depends on its trade mix, market, and what its owner actually wants next.
Source: PR Newswire (Champions Group Holdings, November 4, 2026); Bardi.
Own an HVAC, plumbing, or electrical company?
Schryver & Co. advises trades owners with roughly $5 million to $100 million of revenue and $1 million to $5 million or more of EBITDA, depending on the vertical. If a platform has reached out, or you want a clear read on what your business would be worth to a buyer entering or building density in your market, reach Will at will@schryverco.com.
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