Fidelity Building Services Group Expands its Commercial Mechanical Service Line Offerings, Presence in the South
67-year-old HVAC company is the latest to join the national technical building solutions provider’s portfolio of companies
SPARKS, MD (July 1, 2021) – Fidelity Building Services Group (Fidelity), a national leader in HVAC/Mechanical Services, Building Automation & Controls, and Emergency Power Systems, has broadened its presence in the South through the recent acquisition of Central Mississippi-based Metro Mechanical, Inc.
For 25 years, Metro Mechanical has specialized in commercial design/build mechanical systems and services, including HVAC, plumbing and Building Automation & Controls to critical buildings such as commercial offices, education, government, healthcare, and churches. With locations in Mississippi and Louisiana, customers can expect a full range of services from design, fabrication, and installation to ongoing service and maintenance. The organization boasts a full team of in-house engineers, a dedicated fabrication shop and onsite training facilities, as well as other key industry differentiators.
“Metro Mechanical’s goals and values fully align with those of Fidelity. They are committed to service excellence, which is reflected in their quality, safety, and technical acumen,” says Dave Lanphar, LEED AP, CEO/Partner of Fidelity. “We are thrilled to welcome the Metro Mechanical team to our growing family of companies, and we look forward to the opportunities this partnership will bring.”
The acquisition of Metro Mechanical is the latest move in Fidelity’s strategic multi-regional growth plan, and further solidifies its presence in the South.
“For over two decades, Metro Mechanical has delivered unparalleled mechanical systems solutions to our customers. We have been recognized as the region’s ‘Contractor of Choice,’ because we have been at the forefront of industry advancements while staying true to our commitment of customer service and safety,” says Frank White, President/Partner of Metro Mechanical. “Partnering with Fidelity will allow us to expand on the very commitments and values that have made us a leader in this space.”
The transaction was finalized on June 30, 2021. Ascend Capital Group LLC, a middle market investment bank specializing in M&A advisory, served as financial advisor to Fidelity in connection with the transaction. Additionally, HORNE Capital, a Mississippi-based investment banking firm that offers financial advice on divestitures, mergers and acquisitions, and valuations for lower-to-middle-market companies, served as the sell side advisors 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 well beyond the Mid-Atlantic. With over 1,700 Team Members, 27 locations, 75+ years of experience, and an intense focus on delivering Proactive World-Class Service, Fidelity is established as a premier provider of high-performance building solutions.
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. Fidelity’s leaders are some of the most highly regarded individuals in the industry. Collectively, we share a commitment to advancing the cause of building energy efficiencies, sustainable energy solutions, and service excellence.
About Metro Mechanical
Headquartered in Central Mississippi, Metro Mechanical is a full-service commercial mechanical systems provider that offers design, fabrication, installation, service, and maintenance for HVAC, plumbing, and building automation.
With locations in Mississippi and Louisiana, Metro Mechanical is committed to excellence in quality and surpassing the expectations of its clients through a focus on safety, high-performance and integrity.