{"id":828652,"date":"2026-05-28T22:01:26","date_gmt":"2026-05-28T22:01:26","guid":{"rendered":"https:\/\/www.europesays.com\/us\/828652\/"},"modified":"2026-05-28T22:01:26","modified_gmt":"2026-05-28T22:01:26","slug":"dallas-based-apex-service-partners-gets-minority-investment-from-apollo-funds-dallas-innovates","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/828652\/","title":{"rendered":"Dallas-Based Apex Service Partners Gets Minority Investment From Apollo Funds \u00bb Dallas Innovates"},"content":{"rendered":"

Dallas-based Apex Service Partners\u2014which calls itself America\u2019s largest residential HVAC, plumbing, and electrical services business\u2014announced that Apollo Funds will acquire a minority interest in Apex. Apollo Funds will partner with Apex\u2019s management team and existing investor, Alpine Investors, which is also making an additional investment in Apex to support the company\u2019s continued growth. <\/strong><\/p>\n

Financial terms of the transaction were not disclosed.<\/p>\n

Apex recently relocated its headquarters from Tampa, Florida, to Dallas. The company was founded in 2019 with the goal of improving the home services industry by investing in tradespeople, supporting local brands, and delivering excellent service to customers.<\/p>\n

Apex now operates 75 local brands across 46 states, with more than 13,000 employees serving over 16 million homes. The cultivation of its talent pipeline has supported more than 8,000 technicians and trained and placed some 300 operating leaders, contributing to its high scores from customers and employees, Apex said.<\/p>\n

\u201cSeven years ago, our team founded Apex on a simple conviction that the best way to build a national platform in the trades is to invest deeply in the people who power it,\u201d AJ Brown and Will Matson, co-CEOs of Apex, said in a joint statement. \u201cThe platform we\u2019ve built alongside Alpine, and the results our teams have delivered for technicians and homeowners across the country, validate that belief.\u201d<\/p>\n

The co-CEOs added that Apollo \u201cis a value-add capital partner with a shared commitment to accelerate what is already working as we pursue our mission of transforming the trades through the industry\u2019s strongest business\u2014one we\u2019ve built to thrive for decades and to meaningfully improve the lives of tradespeople and the communities they serve.\u201d<\/p>\n

Impressive growth in residential trades<\/p>\n

The investment will support the company as it continues to grow its national footprint, expand its multi-trade service offerings, and strengthen its technology and talent infrastructure, the company said.<\/p>\n

\u201cThe Apex team has demonstrated the power of exceptional leadership and commitment to a clear, long-term vision: become the trusted partner of choice for the best local operators in the residential trades,\u201d said Graham Weaver, founder and CEO of Alpine Investors. \u201cAJ, Will and their team have delivered on that vision at a pace and scale that few thought possible in seven years, and the investment by the Apollo Funds is a recognition of the platform they have built. We are proud to continue supporting Apex in this next chapter of growth.\u201d<\/p>\n

Apollo leaders also see the growth potential in Apex.<\/p>\n

\u201cApex is a market-leading platform with an impressive management team, strong local brands and a clear runway for continued growth,\u201d said Apollo Managing Director Munesh Advani. \u201cWe see significant opportunity in essential services, and Apex exemplifies the type of high-quality business we seek to support with hybrid, partnership-oriented capital and the resources of the broader Apollo platform.\u201d<\/p>\n

Advani added that his firm looksforward to partnering with Alpine and the management team as Apex \u201ccontinues to invest in its people, capabilities, and customer experience.\u201d<\/p>\n

The transaction is subject to customary closing conditions and is expected to be completed in the fourth quarter of 2026.<\/p>\n

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