Plumbing Industry News

Apex Service Partners to Receive Strategic Investment from Apollo Funds

Existing investor Alpine Investors, which has backed Apex since 2019, will also add capital to the Dallas-based platform. Terms were not disclosed; closing is expected in the fourth quarter of 2026.

Southern Home Buys Blazer Heating, Air & Plumbing, Its First Richmond Deal

The Gryphon Investors-backed platform keeps Blazer's name, 37 employees and Mechanicsville headquarters. Founder Scott Broyles plans to retire; his son Bobby stays on to run the business. Terms were not disclosed.

Brothers Plumbing, Heating & Electric Sold to Redwood by SE Capital

The Altas Partners-backed home services platform bought SE Capital's five-company Sierra Platform, adding Brothers as its first Denver business. The announcement did not state a price.

Redwood Services Buys Sierra Air Conditioning & Plumbing From SE Capital

The Altas Partners-backed platform also took four sister contractors in Denver, Tucson, and Boise, Idaho. Redwood's announcement gave no price.

Redwood Services Acquires SE Capital's Five-Brand Sierra Platform

The Altas Partners-backed home services platform adds HVAC, plumbing, and electrical companies in Nevada, Arizona, Idaho, and Colorado, entering Las Vegas, Denver, and Boise.

Redwood Services Buys Pioneer Plumbing, Which Has Since Joined Rite Way

The Altas Partners-backed platform bought the 1981-founded Tucson plumber from SE Capital with four other Sierra Platform brands. On September 1, Pioneer's crews became part of Redwood's Tucson contractor.