Apex Service Partners Receives Investment From Apollo Funds

The company plans to use the funds to support its next phase of growth. This includes expanding its presence across the US broadening its multi-trade service offerings and investing in the technology and talent needed to support its operations.

Apex was founded to improve the essential home services industry by investing in tradespeople, supporting local brands, and delivering high-quality service to customers.

Today, Apex operates 75 local brands across 46 states, with over 13,000 employees and more than 16 million homes served. Its training and talent programs have supported over 8,000 technicians and placed more than 300 trained leaders, helping drive strong customer and employee satisfaction scores.

"Apex is a market-leading platform with an impressive management team, strong local brands and a clear runway for continued growth," said Apollo Managing Director Munesh Advani. "We 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. We look forward to partnering with Alpine and the management team as Apex continues to invest in its people, capabilities, and customer experience."

“The 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,” said Graham Weaver, Founder and CEO of Alpine Investors. “AJ, 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.”

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"Seven 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," said AJ Brown and Will Matson, co-Chief Executive Officers of Apex. "The platform we've built alongside Alpine, and the results our teams have delivered for technicians and homeowners across the country, validate that belief.

Apollo is 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's strongest business—one we’ve built to thrive for decades and to meaningfully improve the lives of tradespeople and the communities they serve, "said AJ Brown and Will Matson.

About Apex Service Partners

Founded in 2019, Apex Service Partners is a nationwide leader in residential home services, including HVAC, plumbing and electrical. It operates across 46 states with more than 150 locations, over 13,000 employees and more than $3 billion in annual revenue. The company focuses on investing in people by creating strong career opportunities across skilled trades, support roles and leadership positions, aiming to build long-term growth and advancement for every team member.

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