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Deal announced New May 2026 Verified

Apollo invests $2 billion in Apex Service Partners at ~$10 billion valuation

In May 2026, Apollo agreed to put roughly $2 billion into Apex Service Partners, a residential HVAC roll-up, at a valuation of approximately $10 billion. This signals continued large-scale investment in home services consolidation.

“In May 2026, Apollo agreed to put roughly $2 billion into Apex Service Partners at a ~$10 billion valuation.”

Entities

HVAC 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.