Highland Commercial Roofing Acquires Fidelity Roof Company

Highland Commercial Roofing Acquires Skycraft Roofing

August 1, 2023

Construction

HCI Equity Partners-backed Highland Commercial Roofing acquired Skycraft Roofing on August 1, 2023; financial terms were not disclosed. The family-owned Buena Park, California roofer will operate as a standalone business within Highland, providing additional single-ply capabilities and crews to support Highland's newly established commercial roofing platform across the Western U.S.

Highland Roofing Company & Coastal Fabrication Sold to Private Investors

December 10, 2021

Construction

Highland Roofing Company and related sheet-metal business Coastal Fabrication, Inc., both headquartered in Wilmington, North Carolina, were sold to private investors in a transaction that closed on December 10, 2021. The buyer group was undisclosed; the seller engaged Generational Equity as M&A advisor to execute the sale to investors focused on maintaining employee culture and continuity.

Fidelity Building Services Acquires AIR Technologies

October 18, 2021

HVAC & Mechanical

Fidelity Building Services (Fidelity BSG), a portfolio company of Oaktree Capital Management, has acquired AIR Technologies, an Oklahoma City–based mechanical/HVAC service provider. The add-on deal (effective October 8, 2021) expands Fidelity BSG's geographic footprint into Oklahoma and enhances its HVAC, sheet metal fabrication, and building-automation capabilities.

Edifecs Acquires Health Fidelity

November 22, 2021

Healthcare Services

Edifecs, a Bellevue-based health information technology company, has acquired Health Fidelity, a San Mateo provider of NLP-powered risk adjustment solutions. Edifecs will integrate Health Fidelity (and recently acquired Talix) into its Encounter Management solution to expand its risk adjustment, NLP, and analytics capabilities for payers and providers in Medicare Advantage, Medicaid, and ACA programs.

Fidelity Building Services Group Acquires Tropic-Kool

November 12, 2024

HVAC & Mechanical

Fidelity Building Services Group has acquired Tropic-Kool, a Largo, Florida-based commercial design-build and HVAC/mechanical services contractor. The acquisition strengthens Fidelity's service footprint in the Southeastern United States and adds Tropic-Kool's fabrication capabilities and local customer relationships in healthcare, education and commercial/industrial markets.

Simplicity Group Holdings Acquires Fidelity Financial Group

March 31, 2020

Insurance

Simplicity Group Holdings has acquired Houston-based Fidelity Financial Group (FFG), an independent wholesaler of life insurance and fixed indexed annuity products, effective March 31, 2020. FFG will transition to the Simplicity Houston brand and its principals, Terry Feuchtinger and Reid Juul, join Simplicity as Principal Partners, expanding Simplicity's national insurance distribution platform and advisor-facing capabilities.