06/16/2025
Fidelity Building Services Group, one of the nation's leading providers of HVAC/mechanical services, building automation, emergency power and energy solutions, announced the acquisition of Cyrco, a premier provider of comprehensive cooling tower services headquartered in Greensboro, NC. This strategic acquisition strengthens Fidelity's presence and service capabilities throughout the United States.
"We are pleased to welcome the Cyrco team to the Fidelity family," said Dave Lanphar, CEO/Partner, Fidelity. "Cyrco is a powerful addition to our growing national platform, with a reputation for innovative engineering solutions, craftsmanship, customer dedication and nearly 45 years of proven success. We look forward to expanding our mission of providing proactive, world-class service to a new client base that spans multiple industries and regions."
Founded in 1980, Cyrco has become an industry leader in the repair, reconstruction and fabrication of both industrial field-erected and commercial factory-assembled cooling towers. In addition to full-scale cooling tower services, Cyrco is renowned for its ability to custom fabricate high-quality, aftermarket metal parts – often exceeding OEM specifications – with fast turnaround times.
"We're excited to begin this next chapter in Cyrco's story with Fidelity," said Peter Couture II, President, Cyrco. "This partnership allows us to build on our legacy while gaining the resources and support of a nationally recognized service organization. We look forward to joining such a well-respected industry leader who truly cares about their team members and valued customers."
About Fidelity Building Services Group
Fidelity Building Services Group is one of the nation's leading providers of HVAC/mechanical services, building automation, emergency power and energy solutions serving the commercial/industrial, mission-critical, government, education and healthcare markets. Collectively, the company shares a commitment to advancing the cause of building energy efficiencies, sustainable energy solutions and service excellence. Through strategic acquisitions and partnerships, Fidelity has expanded its geographic footprint to more than 75 locations throughout the United States and has 2,900 team members. For more information, visit https://fidelitybsg.com.
About Cyrco
Cyrco, A Fidelity Company, is a premier provider of comprehensive cooling tower services, including the construction or overhaul of field-erected and factory-assembled cooling towers. With nearly 45 years of experience, Cyrco is well known for its unmatched ability to repair and reconstruct cooling towers of all types, fabricate custom replacement parts and deliver innovative, in-house engineered solutions. Headquartered in Greensboro, NC, Cyrco serves many leading industrial and FORTUNE 500® clients throughout the United States. For more information, visit https://www.cyrco.com.
