10-09-2024 11:47am

HUNT VALLEY'S FIDELITY

Decades-old Auburn mechanical contracting firm acquired by Maryland company

Nason Mechanical Systems, a 91-year-old mechanical contracting firm based in Auburn, Maine has been acquired by Fidelity Building Services Group, headquartered in Hunt Valley, Md.

Terms were not disclosed.

Fidelity is a provider of HVAC and mechanical services, building automation and energy solutions, with more than 2,600 employees and 70 locations across 30 states. It primarily serves clients in commercial, industrial, government, education and health care markets.

Founded in 1933 by Harry E. Nason, Nason Mechanical Systems began as a family-run business and now offers commercial and industrial heating, cooling, piping and plumbing systems and services throughout central and southern Maine. The company does business in a wide variety of sectors, including medical, educational, industrial, food service and commercial markets.

Nason Mechanical Systems has offices on Merrow Road and employs 45 people, according to its website. Together, the staff hold a total of over 130 professional licenses and certifications.

"As we continue to expand our presence across the Northeast, Nason Mechanical Systems' forward-thinking approach, along with their strong commitment to client care and team member development, will be instrumental in driving our growth into the future," said Dave Lanphar, Fidelity's CEO, said in a news release Monday.

"We're excited to collaborate with President Todd Gagne and his team as we embark on this next chapter together."

Gagne, president of Nason Mechanical, added, "Partnering with Fidelity is the next step in the evolution of Nason Mechanical Systems. Since our founding, our philosophy has always been to add value through collaboration, creative solutions, and clear communication. With Fidelity's support, we can continue to provide and expand the services we've been known for throughout Maine."