Consortium Including Blackstone to Acquire Royal Challengers Bengaluru from United Spirits

Blackstone (BXPE) to Acquire Champions Group

February 19, 2026

IT Services

Funds managed by Blackstone’s perpetual private equity strategy (BXPE) entered into a definitive agreement to acquire Champions Group, a residential essential home services platform. Champions Group will be acquired from Odyssey Investment Partners, with Odyssey and management retaining a significant minority stake; the deal is expected to close in the first half of 2026 (subject to customary conditions).

Blackstone Acquires Crown Resorts

June 24, 2022

Restaurants & Hospitality

Blackstone has completed the acquisition of Crown Resorts Limited, acquiring three integrated resort and casino properties in Melbourne, Perth and Sydney in the firm's largest Asia Pacific transaction. Blackstone said it will work with Crown's management and employees to transform the properties into world-class entertainment destinations, improve compliance and governance, and support the Australian tourism recovery; Crown employs roughly 20,000 people.

Corby (Pernod Ricard) Acquires 90% Stake in Ace Beverage Group

June 13, 2023

Food & Beverage

Corby Spirit and Wine, the Canadian affiliate of Pernod Ricard, will acquire a 90% stake in Ace Beverage Group for an enterprise value of CAD 165 million, with call options to buy the remaining shares in 2025 and 2028. The deal gives Corby a stronger position in the fast-growing Canadian ready-to-drink (RTD) category and will leverage Corby's distribution network to scale ABG's Cottage Springs, Ace Hill and other brands across Canada.

KKR Acquires Varsity Brands from Bain Capital and Charlesbank

November 12, 2024

Consumer Products

KKR & Co. Inc. completed the acquisition of Varsity Brands from Bain Capital and Charlesbank Capital Partners in August 2024 in a deal reported at approximately $4.75 billion. Varsity Brands, a Dallas-based platform (including BSN SPORTS and Varsity Spirit) that provides team-sports apparel, equipment and event services, employs more than 7,200 people and later launched a broad-based employee ownership program.

Titan Wealth Holdings Agrees to Acquire Blacktower Group

October 13, 2025

Financial Services

Titan Wealth Holdings has agreed terms to acquire the Blacktower Group of Companies in a cross-border wealth management deal. Following completion and subject to regulatory approval, the businesses will be merged into Titan Wealth International, creating a larger global platform with expanded licensing, discretionary investment management services, and client support infrastructure.

Consortium Led by Todd Boehly and Clearlake Capital Completes Acquisition of Chelsea Football Club

May 30, 2022

Media & Entertainment

A consortium led by Todd Boehly (Eldridge) and Clearlake Capital, with investors Hansjörg Wyss and Mark Walter, completed the acquisition of Chelsea Football Club from Fordstam Limited. The new joint owners plan significant investment in Stamford Bridge, the Academy, the women's team and club infrastructure to support long-term growth and competitiveness.