What Apex Service Partners does

Apex Service Partners is a residential HVAC, plumbing, and electrical services platform founded in 2019 by Alpine Investors and headquartered in Tampa, Florida. The company operates a hub-and-spoke model in which it acquires and retains local contracting brands — 75 across 46 US states — while providing them centralized shared services covering technology, recruiting, training, marketing, call center operations, strategic procurement, finance and accounting, legal, and M&A development. Apex serves residential homeowners directly through its partner network, generating revenue primarily through transaction fees on installation, repair, and maintenance jobs, supplemented by recurring maintenance agreements that materially raise replacement-conversion rates. Technology is positioned as a key differentiator: the platform describes frictionless front-end customer experiences, internal data engineers, and a partner services call center that consistently grows booking rates.

The company's growth has been almost entirely acquisition-driven. Approximately 60 add-on deals were disclosed in 2025 alone, expanding the platform to nearly 300 businesses. Apex has secured significant private capital: a $3.4 billion single-asset continuation vehicle with Alpine Investors and Partners Group closed in Q4 2025, followed in May 2026 by a $2 billion minority investment from Apollo Global Management at a $10 billion valuation — roughly 20x estimated EBITDA of $500M. Revenue is reported in the $3B+ range as of 2026, with the platform employing 13,000+ technicians and tradespeople serving over 16 million homes. The single technology acquisition of note is HomeBreeze (November 2024), an AI-powered remote home upgrade scoping and quoting platform that is now listed as inactive.

Name

Apex Service Partners

Legal name

Apex Service Partners, LLC

Website

https://apexservicepartners.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Apex Service Partners is a PE-backed platform that acquires and supports local HVAC, plumbing, and electrical service brands across 46 US states, serving over 16 million residential homeowners with 13,000+ tradespeople under a centralized shared-services model.

Ownership category

akta.pro rank

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Residential HVAC Services: Heating, ventilation, and air conditioning installation, repair, and maintenance services for residential homeowners
2. Residential Plumbing Services: Plumbing installation, repair, and maintenance services for residential homeowners
3. Residential Electrical Services: Electrical installation, repair, and maintenance services for residential homeowners
4. Maintenance Agreements: Recurring maintenance contracts that provide predictable revenue and convert to replacement sales at 3-4x the rate of non-agreement customers

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Apex Service Partners is a residential home services platform that provides HVAC, plumbing, and electrical installation, repair, and maintenance directly to homeowners through a network of 75+ local contracting brands operating across 46 U.S. states. The company operates a hub-and-spoke model in which it acquires and partners with local residential service businesses, preserving their local brand identity while supplying centralized technology, recruiting, training, marketing, procurement, finance, legal, and M&A support.

Product overview

Apex Service Partners operates as a residential home services platform that has grown through acquisition to become the nation's largest residential HVAC, plumbing and electrical services business. The platform aggregates over 75 local contracting brands across 46 U.S. states under a unified network, serving over 16 million homes with more than 13,000 employees. The company provides partner businesses with centralized resources including technology and analytics tools, recruiting and training support, business insights, marketing and branding services, call center operations, strategic procurement, acquisition development support, finance and accounting, and legal services. HomeBreeze (acquired November 2024) represents the company's AI-enabled technology capability, though this acquired product is currently inactive. The portfolio operates on a hub-and-spoke model where local brands maintain their community identity while gaining access to national-scale infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential HVAC Services Heating, ventilation, and air conditioning installation, repair, and maintenance services delivered to residential homeowners by local partner brands within the Apex network.
• Residential Plumbing Services Plumbing installation, repair, and maintenance services delivered to residential homeowners by local partner brands within the Apex network.
• Residential Electrical Services Electrical installation, repair, and maintenance services delivered to residential homeowners by local partner brands within the Apex network.
• Maintenance Agreements Recurring residential maintenance contracts that provide predictable revenue and convert to replacement sales at 3-4x the rate of non-agreement customers.

Quantifiable outcome

• Operating 75+ local brands across 46 states with over 13,000 employees
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered minor.

• Kirkland & EllisminorImplementation/ SI/ Consulting Partner · 29 May 2026Kirkland & Ellis served as legal counsel to Apex Service Partners on the strategic minority investment from Apollo Funds.
• HomeBreezeminorStrategic or Co-development Partner · 26 November 2024HomeBreeze, an AI-powered platform for remote home upgrade scoping and contractor quotes, was acquired by Apex Service Partners. The acquisition expanded Apex's home services capabilities with technology for faster quotes and reliable services, primarily in California. HomeBreeze had raised $3 million in funding and participated in Y Combinator's Winter 2021 batch.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• American Residential Properties (ARS / Rescue Rooter): Residential HVAC, plumbing, and electrical services platform owned by American Residential Properties. Closely mirrors Apex's three-trade residential services offering and acquisition-driven growth model.
• Neighborly (formerly Dwyer Group): Franchise platform of residential home services brands (plumbing, HVAC, electrical, restoration) operating across the US. Comparable multi-trade, multi-brand home services roll-up structure to Apex.
• Authority Brands: PE-backed (Apax Partners) residential services platform aggregating franchise brands across HVAC, plumbing, electrical, and home improvement. Most direct comparable to Apex's hub-and-spoke roll-up model serving residential homeowners.

Broad incumbents

• HomeServe USA: Public home repair and service plan provider with utility and municipal partnerships across the US. Comparable in serving residential homeowners with HVAC, plumbing, and electrical service contracts.
• Chemed Corporation (Roto-Rooter / VITAS): Public company whose Roto-Rooter business is one of the largest US residential plumbing and drain services franchises. Closest publicly disclosed comparable for residential trades service economics.
• ServiceMaster Brands: Owns residential services brands across restoration, cleaning, and home services. Operates a similar multi-brand residential services strategy at scale, though more weighted to restoration than trades.
• FirstService Corporation: Public residential property services and management company with a sizable residential services franchise segment. Comparable residential-services scale and franchise/roll-up DNA.
• Frontdoor: Public home warranty and on-demand home services company serving US homeowners across HVAC, plumbing, electrical, and appliances. Comparable end-customer base and recurring service revenue model.

Emerging players

• Wrench: Residential HVAC, plumbing, and electrical services marketplace/platform with on-demand technician dispatch. Comparable end-customer (residential homeowner) and trade mix, but digitally native versus Apex's acquisition-led model.

Regional players

• Comfort Systems USA: Large US mechanical and HVAC contractor primarily serving commercial and industrial customers. Adjacent trade services peer with similar field-service operating model but different end-customer mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@Apex_ServicePartners
• Facebookfacebook.com/Apexservicepartners
• LinkedInlinkedin.com/company/apex-service-partners
• Instagraminstagram.com/apexservicepartners

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apex Service Partners