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  6. Fidelity BSG Acquires Cyrco

M&A Deal Summary

Fidelity BSG Acquires Cyrco

On June 9, 2025, Fidelity BSG acquired business services company Cyrco

Acquisition Highlights
  • This is Fidelity BSG’s 3rd transaction in the Business Services sector.
  • This is Fidelity BSG’s 6th transaction in the United States.
  • This is Fidelity BSG’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2025-06-09
Target Cyrco
Sector Business Services
Buyer(s) Fidelity BSG
Deal Type Add-on Acquisition

Target

Cyrco

Greensboro, North Carolina, United States
Cyrco is a provider of comprehensive cooling tower services, including the construction or overhaul of field-erected and factory-assembled cooling towers. It offers repair and reconstruct cooling towers of all types, fabricate custom replacement parts, and deliver innovative, in-house engineered solutions. Cyrco is based in Greensboro, North Carolina.

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Buyer(S) 1

Buyer

Fidelity BSG

Hunt Valley, Maryland, United States
Category Company
Sector Engineering
DESCRIPTION

Fidelity BSG is a 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. Fidelity BSG is headquartered in Hunt Valley, Maryland.

DEAL STATS #
Overall 6 of 6
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 6 of 6
State: North Carolina M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-12 Tropic-Kool

Largo, Florida, United States

Tropic-Kool is a commercial design-build and HVAC/Mechanical services contractor serving the Tampa Bay, Florida area, with expertise in the Healthcare, Education, and Commercial/Industrial sectors. Tropic-Kool was formed in 1978 and is headquartered in Largo, Florida.

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