Alpine keeps control of Apex; Apollo signed only for a minority stake that had not closed by September 3, 2026

Asked:“As of September 3, 2026, reconstruct the current ownership and operating-company hierarchy of Apex Service Partners… Who currently controls Apex Service Partners… Whether Apollo’s 2026 investment changed ultimate control or was only a minority investment. Every currently operating local HVAC, plumbing, and electrical brand controlled by Apex… A separate conflicts and unknowns table… Require current, relationship-specific evidence for every edge and identify where the public record is incomplete.”

Public-record reconstruction from 769 unique search results consolidated into 102 candidate entities (23 high, 75 medium, 4 low confidence), checked against eight primary ownership sources. Official materials describe Apex — founded 2019 — as 75 local brands, 150+ locations, 13,000+ employees and $3B+ revenue across 46 states, so the 102 extracted names include duplicates, former names and entity-layer overlap. 91 rows carry current-operation wording; 47 rows trip at least one conflict or unknown screen.

Cutoff: September 3, 2026 · Apollo = signed minority, closing (expected Q4 2026) not verified

Hierarchy: investors → platform → regional groups → brands

Alpine — controlling-sponsor attribution (medium confidence) Apollo — signed minority, pending; not the controlling parent edge pending, unverified or conflicted currently supported control edge high confidence medium low / conflicted

Control did not change. The May 28, 2026 announcement says Apollo-managed funds signed to acquire only a minority interest, partnering with management and “existing investor” Alpine, which is making an additional investment — alpineinvestors.com, confirmed by businesswire.com.

Closing is not verified. The transaction was “expected to be completed in the fourth quarter of 2026”; no closing confirmation appears in the reviewed material by the cutoff — akingump.com (Apollo counsel).

Management holds equity but undisclosed rights. Jamieson advised Apex management on equity considerations in the minority investment and states Apex operates 75 local brands — jamiesoncf.com.

The record is incomplete. Exact voting percentages, intermediate holding vehicles, and any continuation vehicle are not disclosed in current primary materials; five extracted brands are attributed to other owners (CCMP, Gridiron, Orion, Flow, Heartland) and appear only in the conflicts table — apexservicepartners.com.

All 102 candidate entities

Entity	Type	Immediate parent	Controlling owner	Minority investors	Acq. date	Original legal name	Current brand	Status	Geography	Domain	Source	Src date	Conf.	#Src	Notes	Status claims

Conflicts and unknowns

Every row whose status is not clean current-operation evidence, plus low-confidence rows, rows with no stated parent, conflicting status claims, or parents attributed to other owners. Missing dates, legal names and domains affect nearly all rows (6 of 102 have an acquisition date, 1 a legal name, 0 a domain) and are noted in the reason column.

Entity	Immediate parent	Status	Status claims	Conf.	Reason (from populated/missing fields)	Source

Methodology and caveats

Broad scan: 25 diverse queries across official sites, acquisition announcements, trade press, company sites, professional profiles and regional sources; 769 unique results yielded 438 relationship mentions consolidated into 102 normalized candidate entities. The method deliberately favored recall, so the conflict screen above is essential: stale announcements, job pages, directories and secondary portfolio roundups were treated as weaker than current company or investor pages. Do not equate the 91 rows with current-operation wording with 91 distinct official brands — Jamieson’s current deal page states 75 brands, and the extraction mixes customer brands, acquired legal companies, regional groups, former names and possible duplicates (e.g. “BelRed” and “BelRed Energy Solutions”).

Control conclusion is medium confidence: Alpine lists Apex as a current company and is described as the existing investor, but exact voting rights, percentages and intermediate holding vehicles are not public. No continuation vehicle or continuation-fund roster was identified — an unknown, not evidence none exists. Apollo is shown as prospective minority investor (signed May 28, 2026; closing not verified). Rows do not establish separate legal-subsidiary status where only a brand is evidenced.

Partial public-record reconstruction, not a corporate-registry-certified subsidiary list. 102 consolidated candidate-entity rows from a 25-query web scan (769 results, 438 relationship mentions) plus 8 primary ownership source rows; cutoff September 3, 2026. Confidence: 23 high / 75 medium / 4 low; 91 rows with current-operation wording; 11 flagged conflict/unconfirmed in the aggregate columns, 47 under this report’s stricter screen. Long text cells are truncated in the table for space; each row links its latest source.

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