News

Onex Partners to Acquire Fidelity Building Services Group

Details: Published: 09 November 2021

Toronto, November 9, 2021 – Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners V, Onex’ $7.2 billion fund, has agreed to acquire Fidelity Building Services Group (“Fidelity BSG” or the “company”), in partnership with the company’s management team.

Fidelity BSG is a leading provider of technical building solutions for the commercial and industrial facilities market, delivering best-in-class, non-discretionary services through every phase of a building’s lifecycle. Headquartered in Sparks, Maryland, Fidelity BSG’s offering includes a complete range of maintenance, retrofit, replacement and highly engineered design build services for mechanical HVAC systems, building automation and controls, as well as emergency generators and power systems. The company has over 1,700 team members across 30 locations in 13 states.

Fidelity Building Services Group Expands into the Southern Midwest Market Through Acquisition of Kentucky-Based Lyons Company

Details: Published: 09 November 2021

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 BSG), 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.

Fidelity Building Services Group Continues National Expansion, Acquires Oklahoma-Based AIR Technologies

Details: Published: 18 October 2021

SPARKS, MD (October 18, 2021) – Fidelity Building Services Group (Fidelity BSG), a national leader in HVAC/Mechanical Services, Building Automation & Controls and Emergency Power Generators, is pleased to announce that AIR Technologies has joined its growing portfolio of partner companies.

Based in Oklahoma City, Oklahoma, AIR Technologies has been providing Mechanical/HVAC services to commercial and industrial buildings since 1976. Using leading edge technology, it specializes in a wide range of Mechanical/HVAC services, including engineered retrofits, planned maintenance and repairs, sheet metal fabrication, process and natural gas piping, and building management systems, among others.

Fidelity Building Services Group Expands its Commercial Mechanical Service Line Offerings, Presence in the South

Details: Published: 01 July 2021

Mississippi-based Metro Mechanical, Inc. is the latest company to join the integrated technical building services provider

SPARKS, MD (July 1, 2021) – Fidelity Building Services Group (Fidelity BSG), 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.

Fidelity Building Services Group Announces the Appointment of John Wissel to Chief Corporate Development Officer

Details: Published: 12 April 2021

Joining the organization’s C-Suite, Wissel will focus on M&A, national brand growth with a focus on streamlining company integration

BALTIMORE, MD (April 12, 2021) – Fidelity Building Services Group (Fidelity BSG), a national leader in integrated technical building solutions, announces today the addition of John Wissel as its Chief Corporate Development Officer/Partner.

Wissel’s main focus will be on mergers and acquisitions (M&A), and growing the organization's brand across multiple sectors including building automation, HVAC/mechanical, and power systems. This will entail deal origination and execution in close conjunction with other members of the Fidelity BSG Executive Leadership Team. Over the last several years, Fidelity BSG has acquired companies throughout the Mid-Atlantic, Gulf Coast and Southeastern parts of the United States and to date, has a total of 10 companies with 26 locations in its portfolio. Wissel will continue these efforts, which will include efficiently streamlining company integration.

Fidelity Building Services Group Expands into Carolinas, Acquires Full-Service Mechanical Contracting Company

Details: Published: 08 February 2021

North Carolina-based Systems Contractors marks the 10th organization to join the Fidelity BSG family

BALTIMORE, MD (February 8, 2021) – Fidelity Building Services Group (Fidelity BSG), a national leader in HVAC/Mechanical Services, Building Automation & Controls, Emergency Power Generators and related services, announces today the acquisition of North Carolina-based Systems Contractors.

Founded in 1977, Systems Contractors is an industrial HVAC contractor serving customers in the greater Greensboro, North Carolina area. It offers a full range of systems, solutions and services for commercial and industrial HVAC needs, including design/build, building automation systems (BAS), duct work/metal fabrication, piping and custom mechanical systems.

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