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.

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.

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.

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.