Chesapeake Mission Critical Acquired by Fidelity Building Services Group


by CCA | Dec 14, 2023


Chesapeake Corporate Advisors Serves as Exclusive Financial Advisor

Baltimore, MD – December 19, 2023 – Chesapeake Corporate Advisors (“CCA”) is pleased to announce it has served as the exclusive financial advisor to Chesapeake Mission Critical (“CMC”), a leading provider of advanced power and precision cooling products and services throughout Maryland, Virginia, and the Washington, D.C. area, in its sale to Fidelity Building Services Group (“Fidelity BSG”), a national leader in technical building services and solutions, including HVAC/mechanical services, energy and sustainability engineering, advanced building automation, and emergency power systems.

Headquartered in Beltsville, Maryland, CMC has been leading the way in developing and deploying dependable and scalable mission-critical facilities for 15 years, for clients ranging from Fortune 500 companies to government agencies. The CMC team will continue to provide and maintain critical power and cooling infrastructure for clients throughout the region, while working closely with Fidelity’s Power Solutions and Mechanical divisions to provide a one-stop offering for all power and cooling needs.

“The CCA team was instrumental in leading us through a sale process that aligned our business with the ideal partner to build on our success and take us forward,” said Mark Ryan, President, Chesapeake Mission Critical. “We are excited about the synergies between Fidelity BSG and CMC. With Fidelity BSG’s support, we will be able to scale our mission critical services with top-of-class customer service. We greatly appreciated CCA’s expert guidance at every step, culminating in a superior outcome.” The CMC management team will continue to run the business as an operating division within Fidelity BSG, with Ryan serving as President of CMC and Partner in Fidelity BSG.

“Chesapeake Mission Critical brings deep industry knowledge and experience that can strategically scale across our entire platform, strengthening our critical infrastructure offerings nationwide,” said Dave Lanphar, CEO/Partner, Fidelity BSG. “Also having an aligned positive and professional team culture, we enthusiastically welcome Chesapeake Mission Critical to Fidelity.”

The CCA investment banking team on this transaction included Managing Director Stuart Knott and Vice President Katie Kieran, who together developed the deal strategy, conducted the negotiations, and provided strategic advice throughout the transaction, along with Analyst Miles Gally. Offit Kurman served as legal counsel to CMC.

“CCA was pleased to earn the opportunity to lead Mark Ryan and the CMC leadership team through a sale process that identified the best-fit partner to achieve Mark’s personal and professional objectives,” Knott said. “With a broad suite of solutions, deep expertise, and a highly talented team, CMC will prove a valuable addition to the Fidelity BSG portfolio of companies.”


About Chesapeake Mission Critical

Chesapeake Mission Critical has served the Maryland, Virginia, and DC markets for over 15 years, offering the most reputable products and solutions in the industry. CMC has developed mission critical solutions for many of the nation’s most secure and dependable facilities, from government agencies to Fortune 500 companies. CMC provides service, maintenance, and turnkey project delivery, encompassing uninterruptable power supply, switchgear and transfer switches, power distribution, precision cooling solutions, and security/environmental monitoring solutions. CMC has led the way in the development and use of dependable, accessible, maintainable, and scalable mission-critical facilities. CMC’s dynamic team has worked with clients on hundreds of mission critical requirements, allowing it to develop a unique expertise in critical systems. CMC’s team has a proven track record of helping clients fulfill hundreds of reliability requirements, while also meeting time and budget constraints.


About Fidelity Building Services Group

Fidelity Building Services Group (Fidelity BSG) is a leading national provider of technical building services and solutions for the commercial and industrial facilities market. Fidelity BSG’s product and service offerings include HVAC/Mechanical Services, Energy & Sustainability Engineering, Advanced Building Automation, and Emergency Power Systems. Fidelity’s BSG’s core markets are commercial, industrial, and institutional facilities. Fidelity BSG leaders are some of the most highly regarded individuals in the service, construction, and engineering communities. Collectively, Fidelity BSG shares a commitment to advancing the cause of building energy efficiencies, sustainable energy solutions, and service excellence.


About Chesapeake Corporate Advisors

Chesapeake Corporate Advisors is a boutique investment banking and corporate advisory firm providing strategic advisory services (value creation) and investment banking services (value realization) to companies in the lower middle market. For more information, visit or call 410.537.5988.

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