Business Services

Apex Companies

Status

Exited (Private Equity)
Active (Capital Solutions)

Location
Rockville, MD
Investment Type

Private Equity
Capital Solutions

Investment Themes

Apex Companies is a leading environmental services firm specializing in water resources, land restoration, and industrial hygiene. A national platform with more than 50 offices and a team of about 700 scientists and technicians, Apex offers comprehensive services to assess, prevent, and cure environmental issues related to water, ground, facilities, and air quality. Apex serves a large and diverse client base in the public and private sectors and a broad range of end markets, including energy, industrial, manufacturing, real estate, retail, and telecom. Apex’s client-centric operating model, nationwide presence, and industry reputation as a leader in environmental compliance and risk management are the foundation of its impressive blue-chip client base and 30-year history.

In the four years we owned Apex, it grew organically and acquired four businesses that broadened its geographic coverage, expanded its service offerings, and diversified its end markets. In 2023, after Sentinel achieved our investment objectives, we sold Apex to Morgan Stanley Capital Partners. Sentinel continues as an investor in Apex. Apex remains well positioned to continue growing under new ownership and the leadership of its superb management team.