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Apex Service Partners
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National buy-and-own platform for home services
Apex Service Partners
Work Here?
National buy-and-own platform for home services
Overview
Apex Service Partners buys controlling stakes in established local HVAC, plumbing, and electrical companies and keeps their brand and local leadership. It then provides a shared services network—financing, accounting, recruiting, training, marketing, procurement, and technology—to help these operators run more efficiently at scale. The approach preserves local brands and autonomy while giving them national-scale support, creating a large, connected network across many markets. The goal is to grow through more acquisitions, building a widespread platform of trusted local service providers and improving efficiency across the whole group.
About Apex Service Partners
Industries
Consulting
Industrial & Manufacturing
Company Size
501-1,000
Company Stage
N/A
Total Funding
$2B
Headquarters
Tampa, Florida
Founded
2019
Your Connections
People at Apex Service Partners who can refer or advise you
Simplify's Take
What believers are saying
- Apollo’s minority investment funds continued expansion across 46 states.
- Multi-trade platform offers cross-sell opportunities across HVAC, plumbing, and electrical.
- Shared services improve procurement, recruiting, training, marketing, and technology efficiency.
What critics are saying
- Aggressive add-on M&A strains integration across 75 brands and 46 states.
- Localized autonomy preserves fragmented systems, pricing, and labor practices.
- More sponsor capital increases acquisition multiples and compresses returns.
What makes Apex Service Partners unique
- Buy-and-own platform acquires majority control, unlike minority partnership models.
- Local brands keep names and leaders while sharing central services.
- Apex trained 8,000 technicians and placed 300 internal operating leaders.
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Funding
Total Funding
$2B
Above
Industry Average
Funded Over
1 Rounds
Benefits
Remote Work Options
Flexible Work Hours
Professional Development Budget
Paid Vacation
Paid Sick Leave
Paid Holidays
Health Insurance
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↓ -6%HomeBreeze, a Y Combinator-backed startup specializing in residential home services technology, has been acquired by Apex Service Partners. This acquisition aims to expand Apex's capabilities and reach in the home services market. Vineet Mehta, CEO of HomeBreeze, expressed excitement about the partnership, highlighting the opportunities it presents for growth and service enhancement. HomeBreeze has been serving homeowners in California since its launch in 2021.
Apex Service Partners' acquisition of Frontier Service Partners.
TORONTO, Jan. 24, 2024 /PRNewswire/ -- Imperial Capital has completed the sale of Frontier Service Partners to Apex Service Partners, who will be leading the next phase of growth for the premier Midwest home services brands of Haley Mechanical, Korte Does It All and AB May.Founded in September of 2021, Frontier brought together three leading independent residential service businesses, beginning with the acquisition of Haley Mechanical in Ann Arbor, Michigan, Korte Does it All in Fort Wayne, Indiana and AB May in Kansas City, Missouri, building a leading position in the Midwest residential HVAC, plumbing, and electrical service industry.After partnering with Frontier, and through investment in employee training, retention, customer service, and digital marketing, each brand saw tremendous growth in revenue and EBITDA, leading to a consolidated 31% organic brand-level EBITDA CAGR during Imperial's hold period. All owners remained as presidents of their respective brands and shareholders of Frontier, a key investment philosophy of the Frontier acquisition and management strategy."The partners we selected to form Frontier have been outstanding, and we are incredibly appreciative of their efforts and accomplishments over the past two years," said Eugene Polevoy, Principal, and deal partner at Imperial Capital."By carefully selecting our brands and branch partners, and investing in the right spots in the business, it's remarkable what a group of industry leaders focused on retention, customer experience and culture can achieve," added Mr. Polevoy."We are grateful for our partnership with Eugene and Imperial Capital and are proud of what we have built and accomplished," said Henry Haley, Branch President at Haley Mechanical and Co-Founder of Frontier Service Partners. "Now, we are excited to be part of a larger team at Apex, which will allow us to leverage their enhanced and industry-leading scale, operational capabilities and expertise to continue to grow in the Midwest."The transaction closed January 23, 2024. TD Cowen acted as exclusive financial advisor and Torys LLP served as legal counsel to Frontier Service Partners and Imperial Capital
Apex Service Partners is Hiring for 27 Jobs on Simplify!
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About Apex Service Partners
Industries
Consulting
Industrial & Manufacturing
Company Size
501-1,000
Company Stage
N/A
Total Funding
$2B
Headquarters
Tampa, Florida
Founded
2019
Apex Service Partners is Hiring for 27 Jobs on Simplify!
Find jobs on Simplify and start your career today