Smart Building Technologies expands Fidelity BSG’s building automation service line offerings
BALTIMORE, MD (October 1, 2020) – Fidelity Building Services Group (Fidelity BSG), a leader in HVAC/Mechanical Services, Building Automation & Controls, Emergency Power Generators, and related services, announces today the acquisition of Smart Building Technologies (SmartBT).
A provider of comprehensive building automation systems (BAS) and an authorized factory representative of Distech Controls, SmartBT provides smart technologies and solutions to commercial properties in Maryland, Virginia and Washington, D.C. This includes energy management systems, tenant services monitoring, critical systems monitoring and smart lighting solutions. Through its extensive service line offerings, SmartBT helps building engineers, managers and owners ensure their properties operate at the highest efficiency.
For buildings with antiquated systems, SmartBT provides comprehensive overhauls to revamp inefficient systems and replace outdated modules. The organization uses leading-edge components that improve existing efficiency, recover lost heat and energy and link uncoordinated systems through central controls that make energy use smart.
“Throughout our entire portfolio of companies, Fidelity BSG is committed to providing our customers with the latest technologies and state-of-the-art systems that will allow their buildings to run efficiently and sustainably, and SmartBT is the exact kind of company that will further our vision and this promise to our clients,” says Dave Lanphar, CEO of Fidelity BSG. “We look forward to exciting developments as we welcome all of the Smart Building Technologies Team Members to the Fidelity family.”
Over the last two years, Fidelity BSG has embarked on a strategic national growth plan that has expanded its service line offerings and geographical presence in the Mid-Atlantic and Gulf regions. SmartBT adds another layer of BAS services to Fidelity BSG’s technical offerings.
“Fidelity BSG is one of the most respected players in the integrated technical building solutions space and we are excited to partner with them, share best-in-class practices and continue on the path of growth and success we have experienced over the last several years,” says Mike Schmitz, Principal - SmartBT. “We look forward to what this partnership will bring to our organization, our team members and customers, as well as the contributions we will make to Fidelity BSG.”
Ascend Capital Group LLC, a middle market investment bank specializing in M&A advisory, served as financial advisor to Fidelity BSG in connection with the transaction.
About Fidelity Building Services Group
Fidelity Building Services Group (Fidelity BSG) 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 BSG has been on the leading edge ever since. Today, our geographic footprint has grown beyond the Mid-Atlantic, extending south through several Gulf States. With over 1,250 team members, 23 locations, 75 years of experience, and an intense focus on delivering Proactive, World-Class Service, Fidelity BSG is established as a premier provider of high-performance building solutions.
Fidelity BSG’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 Smart Building Technologies (SmartBT)
As the leader in complete solutions for Building Automation Systems, SmartBT helps building engineers, building managers, and building owners operate with efficiency throughout Maryland, Virginia and Washington, D.C.
Its specialty is reinvigorating buildings with aged and outdated systems. For buildings with old systems, SmartBT provides the most comprehensive overhaul of inefficient systems in the industry. We do this by monitoring and correcting areas of the existing system that are losing heat and energy, prior to connecting all components to a central automated control mechanism to ensure the highest level of energy efficiency.
SmartBT is the industry leader in building automation systems, energy management systems, tenant services monitoring, critical systems monitoring and smart lighting solutions. It utilizes Open Protocol Technologies to integrate all systems and manufacturers, meaning that existing equipment can be integrated into an established building automation system.