Fidelity Building Services Celebrates Expansion with Cyrco Acquisition in the HVAC Sector

Fidelity Building Services Acquires Cyrco, Inc.

Hunt Valley, Maryland, June 9, 2025 – Fidelity Building Services Group (Fidelity), a leader in HVAC and mechanical services, has announced a significant acquisition of Cyrco, Inc. (Cyrco), a well-regarded provider of cooling tower services based in Greensboro, North Carolina. This strategic move marks a pivotal step for Fidelity in enhancing its service capabilities and expanding its footprint across the United States.

Cyrco, celebrated for its nearly 45 years of expertise in the cooling tower industry, specializes in the construction and refurbishment of both field-erected and factory-assembled cooling towers. The fusion of Fidelity and Cyrco is set to bolster Fidelity's commitment to delivering innovative energy solutions and exceptional customer service.

Dave Lanphar, CEO of Fidelity, expressed enthusiasm about the acquisition, stating, "We're thrilled to welcome the skilled Cyrco team into the Fidelity family. Their strong reputation for engineering solutions and craftsmanship aligns perfectly with our mission of providing proactive, world-class service. This partnership allows us to expand our reach and elevate our service quality across various industries."

Cyrco’s unique ability to custom fabricate high-quality aftermarket metal parts exceeds OEM specifications, setting them apart in the industry. This enables them to quickly address the needs of diverse clients, from energy and manufacturing sectors to healthcare facilities and government entities. Peter Couture II, President of Cyrco, pointed out, "Joining forces with Fidelity gives us the resources and support of a recognized industry leader. We can now amplify our legacy while ensuring continued excellence in service delivery."

Founded in 1945, Fidelity Building Services Group has made a name for itself through its expansive service offerings in HVAC, building automation, and energy solutions. Over the decades, the company has positioned itself among the nation's top providers, with a commitment to enhancing energy efficiency and sustainable practices. Following strategic acquisitions like that of Cyrco, Fidelity has considered itself a pioneer in employing a proactive approach to service, ensuring clients receive prompt and effective solutions.

As the industry landscape continues to evolve, companies must adapt and innovate to stay ahead. The acquisition of Cyrco not only represents a strategic growth initiative for Fidelity but also provides a platform for advancing service offerings amid growing market demands. The combined expertise of both firms promises to create robust solutions tailored to meet the specific needs of a diverse clientele.

About Fidelity Building Services Group

Fidelity Building Services Group serves various markets including commercial, industrial, government, education, and healthcare sectors. With more than 75 locations nationwide and a dedicated team of over 2,900 professionals, Fidelity strives to implement sustainable energy solutions and maintain its status as a leader in quality service. The company’s history of innovation and excellence positions it to address the ever-changing needs of its clients effectively.

About Cyrco, Inc.

Cyrco, Inc., now under the Fidelity umbrella, continues to leverage its decades of industry experience to offer top-notch cooling tower services across the country. Known for its rapid response and commitment to safety, Cyrco has established strong relationships with leading industrial and Fortune 500 clients, a testament to its reliability and operational excellence. The partnership with Fidelity guarantees an enhanced reach and resources for improving cooling tower solutions and beyond.

This acquisition is not just a business arrangement; it's a commitment to innovation and service excellence that will redefine how clients experience HVAC solutions across various industries.