HORNE Capital completes sale of Metro Mechanical to Fidelity Building Services group – Picayune Item
RIDGELAND, Mississippi, July 14, 2021 – HORNE Capital, a mergers and acquisitions consultancy, has announced the acquisition of its client, Metro Mechanical, Inc., and Metro Building Services, Inc., by Fidelity Building Services Group, a Oaktree Capital Management, LP Company.
“Metro Mechanical’s goals and values align fully with those of Fidelity BSG. They are committed to service excellence, which is reflected in their quality, safety and technical acumen, ”said Dave Lanphar, CEO / Partner of Fidelity BSG. “We are delighted to welcome the Metro Mechanical team to our growing family of companies, and we look forward to the opportunities this partnership will bring. “
“For more than two decades, Metro Mechanical has provided unmatched mechanical system solutions to our customers. We have been recognized as the “Entrepreneur of Choice” for the region because we have been at the forefront of industry advancements while remaining true to our commitment to customer service and safety, ”said Frank White, President / Partner of Metro Mechanical. “Partnering with Fidelity BSG will allow us to develop the very commitments and values that have made us a leader in this field. “
Frank White and Rick White incorporated Metro Mechanical in 1994 as a small HVAC contractor in the central Mississippi market. Since then, the family business has expanded into the HVAC services, plumbing construction and plumbing services markets and has grown into one of the largest and most respected commercial mechanical engineering and service contractors. HVAC and plumbing from Mississippi and Louisiana.
“Metro Mechanical’s results over the past 27 years, along with its focused approach and opportunities for continued growth, have presented a compelling goal for Fidelity BSG,” said Josh Edwards, director of HORNE Capital across the board. ‘business. “We are confident that Frank and Rick have found a strong partner for the future of their business, and we look forward to their combined success. “
About HORNE Capital: HORNE Capital is a Mississippi-based investment banking firm specializing in sale-side transaction advisory services, from operational advice to deal negotiation and due diligence. HORNE Capital serves the founders and entrepreneurs of emerging growth companies and the mid-market. www.hornecapital.com
About Metro Mechanical: Based in Bolton, Mississippi, with service points in Hattiesburg, Mississippi, Hammond, Louisiana, and Baton Rouge, Louisiana, Metro Mechanical, with its sister company Metro Building Services, is a commercial-to-service construction project Complete and after-installation maintenance provider for HVAC systems, commercial plumbing and piping systems. https: //www.metromechanical.