M&As (mergers and acquisitions) are a fast way to expand a company’s portfolio, bringing existing skills under the roof quickly and often with minimal changes. A master plan can be a significant benefit, organizing the acquired companies into strategic groupings that play to the combined strength of all the parts.
Fidelity Building Services Group (Fidelity BSG) is such a company, having been on an acquisition binge lately. In 2023 alone, Fidelity BSG has acquired ESC (Environmental Systems Corp.), SSE (System Service & Engineering), Darnold Mechanical, and most recently, Power of Clean Energy. To add these companies to their portfolio with the greatest benefit, Fidelity BSG has formed Fidelity Energy & Sustainability.
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 revolutionized the entire building industry, and Fidelity BSG has been on the leading edge ever since. Today, the company is a national energy and sustainability company that is transforming how its customers achieve measurable results for energy cost savings and greenhouse gas reduction in commercial, industrial, and institutional markets.
The Fidelity Energy and Sustainability group combines technical excellence with energy market knowledge that can lead to extraordinary results. This is accomplished through traditional energy-efficiency projects, retro-commissioning, HVAC (heating, ventilation, and air conditioning) and controls optimization, electrification initiatives, decarbonization planning, renewable energy systems, ESG (environmental, social, and governance) master planning, and EaaS (energy-as-a-service) project development.
Adding Environmental Systems Corp., brings smart technology for sustainable operations, balancing energy use, and occupant comfort from one seamless front-end interface. Experienced technicians provide facility assessment, equipment installation, and on-site maintenance and support services to keep building assets connected and operating at peak performance.
ESC also offers energy analytics using Building Dynamics. Building Dynamics’ wireless sensing technologies and analytical software display and document the energy consumption of each component of a building or campus. Typically, facility managers only know the overall energy consumption of their buildings, but a new awareness of their facility can quickly and precisely guide them to the conservation measures that will best lower their operating cost. As the measures are implemented, Building Dynamics verifies the savings and ensures the initial results are maintained.
System Service & Engineering specializes in full-service mechanical, electrical, and plumbing services, providing maintenance, emergency service, and end-to-end solutions for commercial facilities throughout Northwest Florida and the Gulf Coast. And similarly, Darnold Mechanical provides expert services to commercial customers throughout Central and Southern West Virginia.
Darnold Mechanical’s comprehensive range of HVAC/mechanical services include heating, air conditioning, rooftop systems, ductwork, chillers, cooling towers, energy-efficient VRF systems, and more. The company uses state-of-the-art technologies, a dedicated team of industry experts, and highly skilled technicians to design, deploy, and deliver quality projects.
Fidelity BSG’s latest acquisition, Power of Clean Energy, helps commercial and industrial facilities meet their ESG sustainability goals, while reducing energy consumption, expenses, and carbon footprints. PCE provides comprehensive energy transition planning & project implementation, using state-of-the-art technologies including ;ighting, HVAC redesign, and building. The company’s offerings include customized end-to-end energy solutions in lighting, HVAC redesign, alternative energies, and building automation and analytics.
PCE operates throughout the southern U.S., serving customers in the healthcare, education, and commercial real estate markets, as well as religious institutions. This acquisition is a key part of Fidelity Energy & Sustainability’s growth to become a national leader in energy-efficient and sustainable technical building solutions.
Today, through strategic acquisitions and partnerships, the Fidelity BSG geographic footprint has grown beyond the Mid-Atlantic, extending through the South, Southeast, Midwest, Gulf, and Northeast regions with more than 2,300 team members and more than 70 locations serving 23 states.
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