Fidelity Building Services Group Expands into the Southern Midwest Market Through Acquisition of Kentucky-Based Lyons Company
67-year-old HVAC company is the latest to join the national technical building solutions provider’s portfolio of companies
SPARKS, MD (November 9, 2021) – Fidelity Building Services Group (Fidelity), a national leader in HVAC/Mechanical Services, Building Automation & Controls, and Emergency Power Generators, announces today the acquisition of Kentucky-based Lyons Company and Lyons Service (Lyons) to its growing portfolio of integrated technical building services and solutions.
A nearly 70-year old company with a rich history steeped in customer service, innovation, and a commitment to its Team Members, Lyons serves the Kentucky market by offering comprehensive HVAC/Mechanical solutions for industrial, institutional, and commercial needs. Its capabilities include Engineering, Complex Mechanical Installations, HVAC Service, and Building Automation, led by an extraordinary team who is committed to exceptional quality and customer service.
Lyons first opened its doors in 1954 as a plumbing and heating contractor with three Team Members and two trucks. Today it has grown to more than 100 people, serving Kentucky and states throughout the Southeast. Lyons has provided Mechanical/HVAC services for some of America’s most familiar brands, including the J.M. Smucker Company, General Mills, Kingsford Charcoal, and numerous distilleries. The organization also services medical and educational institutions such as the Medical Center at Bowling Green and Western Kentucky University.
“Lyons Company has a very rich history of delivering exceptional customer service and outstanding workmanship. We recognize that this has just as much to do with their level of service as it does their values of honesty, integrity, and valuing those who work for them,” says Dave Lanphar, LEED AP, CEO/Partner of Fidelity. “We are proud to welcome the Lyons family into our own and look forward to a great partnership.”
The acquisition of Lyons is the latest move in Fidelity’s strategic multi-regional growth plan and further solidifies its presence in the South.
“When Lyons first opened, we always had our sights set on one day being the leading provider of HVAC/Mechanical services in the region. We achieved this goal by continuing to evolve with industry technology, valuing our customers and Team Members, and by practicing honesty, integrity, and transparency,” says Denise Lyons Dickinson, President of Lyons. “Joining forces with Fidelity BSG allows us to continue pushing our vision of growth and excellence forward. We look forward to what this partnership will bring to our leadership and all of our team.”
The transaction was finalized on November 3, 2021. FMI Consulting, a middle market investment bank specializing in M&A advisory, served as financial advisor to Fidelity in connection with the transaction.
About Fidelity Building Services Group
Fidelity Building Services Group (Fidelity) was founded in 1945 as a full-service mechanical engineering, contracting, and service company that introduced air conditioning, refrigeration, and process cooling to a new marketplace. The advent of air conditioning went on to revolutionize the entire building industry and Fidelity has been on the leading edge ever since. Today, our geographic footprint has grown beyond the Mid-Atlantic, extending throughout the South and the Gulf Region. With over 1,700 Team Members, 30 locations in 13 states, 75+ years of experience, and an intense focus on delivering Proactive, World-Class Service, Fidelity is established as a national premier provider of high-performance integrated technical building solutions for the commercial and industrial facilities market.
Fidelity’s product and service offerings include Emergency Generators/Power Systems, Building Mechanical/HVAC Systems, Building Automation & Controls, and Systems Integration. Our core markets are commercial, industrial, and institutional facilities. Our leaders are some of the most highly regarded individuals in the service, construction, and engineering communities. Collectively, we share a commitment to advancing the cause of building energy efficiencies, sustainable energy solutions, and service excellence.
About Lyons Company
For over 65 years, Lyons Company (Lyons) has delivered experience and expertise to design, construct, and service mechanical systems to meet customer expectations of performance, craftsmanship, and budget. Its service line offerings include professional engineering and mechanical construction, which encompass all areas of HVAC/Mechanical services.
Servicing Kentucky and states throughout the Southeast, Lyons’ project portfolio comprises plumbing, process utilities, heating, air conditioning, and ventilation systems for industrial, commercial, institution, and distillery clients.