Ascend Advises Mainline Information Systems
on its Acquisition of Axcelinno
The first strategic acquisition with Ascend as Mainline’s exclusive buy-side advisor bolsters
the company’s ability to deliver cloud, IT automation, and DevSecOps solutions and expands its footprint into Asia.
Ascend Advises Fidelity Building Services Group on its Completion of Three Acquisitions in Three Months
Ascend has assisted with a total of eight acquisitions that support Fidelity BSG’s strategy to expand its technical capabilities, services, and geographic footprint.
Advises HC Nye in its Merger with Gil-Bar Book
The merger will expand the companies’ efforts to provide modern HVAC systems and
strategic solutions in an ever-changing and increasingly complex post-pandemic environment.
Ascend Advises Capital Seaboard in its Acquisition by The Chefs’ Warehouse
The acquisition comes as the demand for specialty distribution providers’ products, expertise, and relationships continues to rise.
Ascend Advises Fidelity Building Services Group on its Acquisition of South Florida Controls
Ascend has closed five acquisitions that support Fidelity BSG’s strategy to expand its services and geographic footprint.
Ascend Advises Fidelity Building Services Group on its Acquisition of AIR Technologies
AIR Technologies is the 13th organization to join the Fidelity BSG portfolio and the first in the Oklahoma region to become part of the national brand.
Ascend Advises Fidelity Building Services Group on its Acquisition of Metro Mechanical
Latest acquisition strengthens Fidelity BSG’s presence in the Gulf region and demonstrates continued progress with the company’s strategic multi-regional growth plan.
Ascend Advises Fidelity Building Services Group on its Acquisition of Systems Contractors
This is the 2nd acquisition Ascend has sourced for Fidelity in the past four months.
Ascend Advises Fidelity Building Services Group on its Acquisition of Smart Building Technologies
Strategic acquisition bolsters Fidelity BSG’s building automation capabilities and furthers its position within the commercial and industrial facilities market.
Ascend Advises Havtech on its Strategic Alliance with Two Virginia-based HVAC Companies
The alliance accelerates Havtech’s vision and the three companies’ shared strategy to expand service offerings to meet growing consumer demand.
Ascend’s expertise in buy-side advisory has been evident from the start and was underscored as we worked on this first acquisition together. The team brings not only the analytical and programmatic rigor necessary for an efficient and effective strategy but also a focus on relationship building and the ability to think outside the transaction to the people behind it. Axcelinno was a valued relationship of ours before we even discussed a possible transaction. Ascend understood the complexities on both sides, helping us navigate the process and ultimately achieve the best outcome for all.
The combination of Ascend’s understanding of our investment strategy, expertise in our sector, and ability to articulate our value proposition is incredibly powerful. The Ascend team continues to represent us well, finding the right strategic opportunities that fit our mandate and culture. They have been instrumental in our corporate development strategy and helping position us for strong growth ahead.
The Ascend team impressed me early on with their eagerness to negotiate the deal terms most important to us and create transparency through a data-driven approach. My appreciation only grew as they navigated us through the complexities of the transaction, ensuring we were well-represented throughout the process.
Ascend demonstrated extraordinary patience and persistence in helping us find the right partner for Capital Seaboard. The Ascend team advised us through negotiations with numerous interested buyers that had varying deal structures, never pushing us to settle until we found the perfect partner that met our team’s objectives. They were fully committed, providing valuable strategic guidance through a major shift in the company’s focus and through a global pandemic that heavily impacted our industry. Without the support and integrity Ascend provided, we would not have received the maximum value and fit we ultimately were able to achieve.
This deal hits on all objectives of our mandate to Ascend to help us identify the best of the best. Their understanding of our business, our vision, and the South Florida market allowed us to find the perfect partner to complement a previous acquisition, further expanding the Fidelity BSG experience in a key area.
Ascend has advised Fidelity BSG on four key transactions including System Contractors, Smart Building Technologies, Metro Mechanical, and most recently, AIR Technologies. The strong partnership and strategic alignment we’ve created over the past year has allowed Ascend to work as a true extension of the Fidelity BSG team. They have been excellent colleagues and instrumental in achieving our strategic and operational objectives.
It was a pleasure working with the Ascend team once again. They are hyper-focused on ensuring the best result for all involved, and their expertise and in-depth knowledge of the HVAC/mechanical space made the entire process a smooth and successful one. The team’s understanding of our business and where the market is going allowed us to identify another great partner to help achieve our strategic goals.
Special thanks to the Ascend team for advising us in what will be our second closed transaction together in the past four months. We engaged Ascend based on their expertise in the HVAC/mechanical sector and their ability to drive a sophisticated, efficient process. Their commitment to our transaction objectives helped drive a successful transaction for us.
Ascend’s expertise and relationships within the space along with their tailored approach to our unique needs has been a winning combination. Part of our growth strategy is aimed at expanding our technical capabilities and SmartBT does just that and more. We look forward to working with them on future acquisitions as we continue to serve our customer base with cutting-edge technology, expanding capabilities, and broader geographic reach.
As we pursue opportunities for growth, we are committed to fostering and protecting the core values we’ve worked to establish over the lifetime of our business. The Ascend team not only ran highly efficient, transparent, and effective processes, they also respected our desire to find partners that had cultural alignment and overlapping missions. We feel fortunate to work with such a thorough and talented team of advisors that understand the intricacies of the HVAC/mechanical space.