Apex Service Partners and Alpine Investors Announce Strategic Minority Investment from Apollo Funds in Apex

Apex, Alpine Investors and Apollo announced a definitive agreement for Apollo-managed funds to take a minority interest in Apex, with Alpine also adding capital. The terms and exact ownership percentage were not disclosed. The May 28 announcement said completion was expected in the fourth quarter of 2026, subject to closing conditions. At announcement, Apex reported 75 local brands in 46 US states, over 13,000 employees and more than US$3 billion of annual revenue. The press release did not confirm the transaction had closed.