Fidelity Building Services Group Expands with the Acquisition of Cyrco, inc.
HUNT VALLEY, MD (June 9, 2025) – Fidelity Building Services Group (Fidelity), one of the nation’s leading providers of HVAC/Mechanical Services, Building Automation, Emergency Power, and Energy Solutions, is pleased to announce the acquisition of Cyrco, inc. (Cyrco), a premier provider of comprehensive cooling tower services headquartered in Greensboro, North Carolina. 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,” says Dave Lanphar, CEO/Partner of 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,” says Peter Couture II, President of 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 (Fidelity) 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. Fidelity’s 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.
Founded in 1945 as a full-service mechanical engineering, contracting, and service company, Fidelity helped introduce air conditioning and process cooling to a new marketplace. Today, through strategic acquisitions and partnerships, Fidelity has expanded its geographic footprint – to more than 75 locations throughout the United States. With over 80 years of excellence and 2,900 Team Members, Fidelity remains obsessed with delivering Proactive, World-Class Service.
About Cyrco, inc.
Cyrco, inc., A Fidelity Company, (Cyrco) 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.
Our commitment to craftsmanship, fast response, and safety has earned the trust of clients in a wide range of applications, including energy, manufacturing, healthcare, and government. Headquartered in Greensboro, North Carolina, Cyrco serves many leading industrial and FORTUNE 500® clients throughout the United States.