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Deal announced May 2026 Verified

Apex Service Partners to receive $2B minority investment from Apollo at $10B valuation

Apollo will invest $2 billion in Apex Service Partners, a PE-backed residential HVAC platform, at a $10 billion valuation.

“Residential HVAC, plumbing, and electrical platform Apex Service Partners is set to receive a minority investment from asset management giant Apollo”

Entities

ElectricalHVACPlumbing Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.