Modern Niagara Building Services to Join BCTS, Expanding North American Capabilities
Best in Class Technology Services, LLC (BCTS) announced today a definitive agreement for Modern Niagara Building Services (MNBS), a leading provider of HVAC maintenance, repair, and mechanical services, to join BCTS. The transaction is expected to close in the first quarter of 2026. Upon completion, MNBS will operate as a division of BCTS, creating a comprehensive North American platform that leverages expertise across both U.S. and Canadian markets. Additionally, the parent company of MNBS, Modern Niagara, will become one of BCTS’s largest shareholders as part of this strategic partnership.
About Modern Niagara Building Services
MNBS is the service-focused division of Modern Niagara, one of Canada’s largest and most recognized HVAC construction companies. The company has developed a robust reputation in delivering high-quality maintenance, repair, and retrofit services, along with specialized solutions in plumbing, electrical, controls, and fuel oil management.
Operating across five major Canadian cities—Toronto, Ottawa, Calgary, Edmonton, and Vancouver—MNBS has become a trusted partner for both commercial and industrial clients seeking reliable and technically advanced building systems services. The company’s broad service offerings, coupled with a skilled and experienced workforce, have positioned it as a leader in the Canadian HVAC and mechanical services market.
Strategic Rationale for the Partnership
The integration of MNBS into BCTS is a deliberate move to create a pan-North American platform for industrial and commercial services. By combining BCTS’s proven U.S. market experience with MNBS’s Canadian expertise, the partnership aims to deliver unparalleled service quality, scale, and innovation across the continent.
Eric Reisner, CEO of BCTS, commented on the transaction:
“Modern Niagara’s outstanding reputation, skilled workforce, and established market leadership make them an ideal partner for BCTS. This strategic partnership creates a powerful North American platform where we can combine our proven U.S. market experience with MNBS’s Canadian expertise to better serve customers across the continent.”
MNBS Leadership Perspective
Shaun Robertson, President of MNBS, emphasized the alignment of values and strategic goals between the organizations:
“Eric and the BCTS team have demonstrated an exceptional ability to scale a national, market-leading HVAC service organization while maintaining local culture and expertise. We’re excited to be part of Eric’s vision for creating the premier North American industrial and commercial services platform, knowing that our team and customers will benefit from his proven approach to strategic growth.”
Robertson highlighted that MNBS’s integration into BCTS allows the company to continue delivering exceptional service while leveraging broader operational resources and expertise, which will enhance customer satisfaction and expand market reach.
Modern Niagara’s Strategic Positioning
Brad McAninch, CEO of Modern Niagara, underscored the significance of the transaction for both Modern Niagara and BCTS:
“This transaction strengthens both organizations, and we see a meaningful opportunity ahead. As part of this partnership, Modern Niagara will become one of BCTS’s largest shareholders. This is a reflection of our confidence in MNBS’s future and in the long-term potential of this combined North American platform.”
McAninch further emphasized that the alignment of MNBS with BCTS supports Modern Niagara’s broader growth strategy, enabling the company to expand its influence in both service and construction-related sectors across North America. He noted that MNBS will continue to operate under its established brand and maintain its strong focus on customer service excellence.
Investor Perspective
Amit Gaind, Senior Managing Director at Investcorp and BCTS Board Member, praised the strategic merits of the acquisition:
“We are proud to welcome Modern Niagara Building Services to the BCTS team. Their expertise, reputation, and shared commitment to excellence reinforce our collective ability to serve customers with unmatched quality and scale across North America.”
Gaind highlighted that the partnership demonstrates confidence in MNBS’s future growth prospects and underlines the value of combining strong operational teams to create a more competitive, continent-spanning platform.
Expected Outcomes and Benefits
The partnership between BCTS and MNBS is expected to deliver multiple benefits, including:
- Expanded Market Reach: Combining BCTS’s U.S. presence with MNBS’s Canadian footprint creates a robust North American network capable of servicing clients across the continent.
- Enhanced Service Capabilities: MNBS brings deep expertise in HVAC maintenance, retrofits, plumbing, electrical, and mechanical systems, complementing BCTS’s service portfolio.
- Operational Synergies: Shared best practices, streamlined processes, and combined resources are expected to enhance efficiency and reduce operational costs.
- Customer Value: Clients of both organizations will benefit from a broader service offering, improved response times, and access to a larger pool of technical expertise.
- Strategic Growth: The combined platform positions BCTS and MNBS for future acquisitions, partnerships, and expansion opportunities in industrial and commercial service markets.
Transaction Details
The transaction is anticipated to close in Q1 2026, subject to regulatory approvals and customary closing conditions. Following completion, MNBS will operate as a division of BCTS, maintaining its operational leadership and workforce while benefiting from access to BCTS’s strategic resources, technologies, and U.S. market experience.
Modern Niagara will retain a significant equity position in BCTS, underscoring its confidence in the long-term potential of the integrated platform. The partnership aligns with both organizations’ goals of building a leading North American industrial and commercial services provider capable of addressing complex and large-scale customer needs.
About BCTS
BCTS is a leading provider of industrial and commercial services, specializing in mechanical contracting, facility maintenance, and integrated solutions across North America. With a focus on innovation, safety, and customer satisfaction, BCTS delivers reliable, high-quality services tailored to meet the evolving needs of its clients.
About Modern Niagara
Modern Niagara is a mechanical and electrical contractor with operations in six major Canadian markets. Modern Niagara helps building owners, managers, and general contractors meet the mechanical, electrical, and building controls needs of their properties for both retrofits and new construction.
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