Champions Group acquires Bardi Heating, Cooling, Plumbing and Electric: terms and what it means for HVAC buyers

Champions Group Holdings

acquires

Bardi Heating

Price

Not disclosed

Structure

Not disclosed

Target market

Atlanta, Georgia

Years in business

37

Brand

Bardi name kept

Published 6 November 2026 · Deal announced 2026-11-04 14:29 UTC · Acquisitions.com Deal Reports

Part of the HVAC guide: buying, selling, valuation and who is buying.

This report is for people who own, buy or plan to buy a residential HVAC, plumbing or electrical company. It covers what Champions Group bought, what is and is not disclosed, and why a multi-trade home services buyer chose Atlanta for its first Southeast deal. By the end you will know what this deal tells you about pricing, selling or buying a shop like Bardi.

What did Champions Group buy?

Champions Group bought Bardi Heating, Cooling, Plumbing and Electric. The release calls Bardi a provider of home services based in the Atlanta, Georgia area. It covers three trades: heating and cooling, plumbing, and electrical work.

Bardi has been in business for 37 years, according to the release. It describes the company as known for qualified technicians, upfront pricing and a promise to make every job right for the customer.

Adam Bardi is the President of Bardi. The release gives no revenue, staff count, truck count or customer count for the company, and we do not add any.

What did Champions Group pay, and how was the deal built?

The price is not disclosed. The structure is not disclosed either. The release does not say whether the deal was cash, included a seller note or an earn-out, or whether the Bardi family kept a stake. We do not estimate any of these.

One term is stated. After the deal, Bardi keeps its brand identity and keeps operating under its own name, with "the added support and resources of Champions Group".

That is a common pattern in home services deals. The buyer owns the company, but the local name, phone number and reviews stay in place. Customers in Atlanta may see no change on the truck or the invoice.

Why does Bardi fit Champions Group's plan?

Champions Group describes itself as a provider of essential home services. It focuses on heating, air conditioning, plumbing and electrical work. Bardi offers the same mix of trades, so the fit is direct.

The new part is geography. The release calls Bardi Champions Group's first entry into the southeastern United States. It also calls the deal "a significant milestone in the Company's national growth strategy."

The release says Bardi's reputation and its range of trades made it "the right foundation" for growth in the Southeast. In plain words, Champions Group wanted an established, well-known shop to build on in a new region. It did not start from scratch.

Frank DiMarco, CEO of Champions Group, said the company plans to support Bardi's team and invest in the things that made it a trusted local name. Adam Bardi said he is excited about what the two can build together as they expand across the Southeast.

How does this deal compare with Champions Group's earlier ones?

Champions Group has announced other deals this year, and they follow the same pattern. Each release is a primary source from the company itself.

None of the three releases discloses a price. All three say the acquired company keeps its brand. All three are residential service businesses with a long history in one local market.

The pattern tells a seller what this kind of buyer looks for. It wants an established local name, more than one trade, and a team that can keep running the business. It does not want a shop it has to rebrand or rebuild.

What does it mean for HVAC, plumbing and electrical buyers?

If you plan to buy your first home services company with an SBA loan, this deal shows who you compete with. Multi-trade buyers like Champions Group target the same kind of business you want: a residential shop with decades of history and a known local brand.

Many first-time buyers find it hard to win those deals against a company that already owns several. A buyer that owns several shops can share back-office costs, training and marketing. It may also be able to close without depending on one bank loan.

There are three practical lessons for a smaller buyer.

1. Look one size down. Single-trade shops, or shops that are strong in one trade and weak in another, get less attention from larger buyers. You can add the second trade later.
2. Price the brand, not just the profit. Champions Group kept every brand it bought. That tells you the local name and reviews have value on their own. Check them as carefully as the books.
3. Plan to be the platform, or to sell to one. Buyers like Champions Group need shops to buy. A well-run local company you build up is the kind of business they announce. Read what a platform acquisition is to see how this works.

AI tools can also help a smaller owner. Booking, dispatch, follow-up calls and reporting take staff hours in every shop. AI agents can take on part of that work and raise margin, which buyers notice. If you are planning a first deal, start at /buy. For the wider list of buyers in this market, see who is buying HVAC businesses.

What does it mean for owners thinking of selling?

If you own a residential HVAC, plumbing or electrical company, this deal is a sign that multi-trade buyers are still expanding into new regions. Atlanta is a new market for Champions Group. Other buyers may also be looking at markets where they own nothing yet.

The release points to what helped Bardi stand out: a long history, a strong local reputation, more than one trade, and clear pricing for customers. These are things an owner can work on before a sale. Upfront pricing, for example, makes revenue easier for a buyer to read.

Price is the part you cannot learn from this deal. It was not disclosed. To see what drives the multiple in this sector, read our HVAC valuation multiples post. For the steps, read how to sell an HVAC business. Tax and legal terms differ from deal to deal, so talk to a CPA and a lawyer before you sign anything. If you want to talk it through, book a free first call.

What should you watch next?

Watch for a second Southeast deal. The release calls Bardi "the right foundation" for growth in the region. A buyer that sees one company as a foundation often adds more nearby.

Watch the brand. Champions Group says Bardi keeps its name. If that holds, it confirms that this buyer values local brands it keeps over a single national name.

Watch for disclosed terms. Champions Group has not disclosed a price in any of the three releases covered here. If a later filing, interview or trade report gives terms, check that it comes from the company before you rely on it.