Apollo Global Management

New York, NY · Founded 1990 · ~$100B+ AUM

Why it invests in the trades

Apollo entered Tampa's largest home-services platform through hybrid capital rather than control. Managing Director Munesh Advani framed Apex as 'the type of high-quality business we seek to support with hybrid, partnership-oriented capital' — a structure that sits between equity and debt and lets an existing sponsor keep the wheel. For the Tampa Bay ownership story this matters because it adds a second layer of institutional capital on top of an already levered roll-up.

Platforms in Tampa Bay (1)

Local brands ultimately backed by Apollo Global Management (1)

Deals

• May 28, 2026
  Apollo funds take a minority stake in Tampa's Apex Service Partners
  Minority investment Apex Service Partners (backed by Apollo Global Management) · 13000 employees
• October 25, 2023
  Alpine closes $3.4B continuation fund for Tampa-based Apex Service Partners
  Recapitalization Apex Service Partners (backed by Alpine Investors) · $3.4B · 8000 employees
• July 29, 2019
  Alpine Investors forms Apex Service Partners from two Florida contractors
  Platform formation Apex Service Partners (backed by Alpine Investors)
• July 29, 2019
  Alpine launches Tampa-based Apex Service Partners with Frank Gay Services
  Platform formation Frank Gay Services → Apex Service Partners (backed by Alpine Investors)

People

• Munesh Advani — sponsor partner. Apollo Global Management Managing Director who led the firm's May 2026 minority investment in Apex Service Partners, describing Apex as the kind of business Apollo supports with hybrid, partnership-oriented capital.