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.
“We are excited to have Systems Contractors join the Fidelity BSG portfolio of companies. This acquisition allows us to fulfill our strategic expansion plans into the robust North Carolina market and increase our service line offerings as they pertain to the HVAC/Mechanical industry,” says Dave Lanphar, CEO of Fidelity BSG. “We look forward to exciting developments as we welcome all of the Systems Contractors Team Members to the Fidelity BSG family.”
Over the last four years, Fidelity BSG has embarked on a national growth plan that has expanded its service line offerings and geographical presence in the Mid-Atlantic, Southern and Gulf regions. Systems Contractors marks the 10th organization to join Fidelity’s national portfolio of companies, adding another layer of mechanical services to Fidelity BSG’s HVAC/Mechanical offerings.
“Fidelity BSG is synonymous with customer service, excellence and growth. As a company that has evolved to meet the demands of our customers, as well as the changing landscape of the industry, System Contractors is excited to partner with an organization that places priority on our same values,” says Ronald Pitts, President/Partner of Systems Contractors. “This new venture opens as many opportunities for us as it does for Fidelity BSG, and we look forward to this new path ahead.”
The transaction was finalized in February 2021. 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 1,400 Team Members, 24 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 Systems Contractors
Based in Greensboro, North Carolina, Systems Contractors is a full-service HVAC/Mechanical contractor that offers a wide 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 air handling units.
For over 40 years, Systems Contractors has maintained a leading edge in delivering the latest innovations and technology to its customers, ensuring that their facilities run efficiently and comfortably. While the organization has evolved over the last two decades, one thing has stayed the same: its commitment to providing customers personal attention and quality workmanship.