Right Time Group Acquires Belyea Bros

Right Time Group of Companies Acquires furnaceguys Home Heating & Cooling

October 18, 2021

HVAC & Mechanical

Right Time Group of Companies, a Gryphon Investors–backed Canadian residential HVAC platform, has acquired furnaceguys Home Heating & Cooling, a Saskatoon-based residential HVAC services provider. The deal—terms undisclosed—marks Right Time's tenth acquisition and its first in Saskatchewan; the seller-owners Dennis McKee and Kathleen Brannen and furnaceguys' employees will join the Right Time team.

Right Time Group Acquires Oosterveld Heating & Air Conditioning

March 29, 2023

HVAC & Mechanical

Right Time Group of Companies, a PE-backed Canadian residential HVAC platform majority-owned by Gryphon Investors, has acquired Guelph-based Oosterveld Heating & Air Conditioning. The small, family-owned residential HVAC business (founded 1980) and its management will join Right Time as part of the platform’s continued expansion in Southern Ontario; terms were not disclosed.

Right Time Group Acquires Climate Air Heating & Air Conditioning

December 10, 2021

HVAC & Mechanical

Right Time Group of Companies, a Gryphon Investors–backed residential HVAC platform, acquired Climate Air Heating & Air Conditioning, a family-owned residential HVAC business serving Barrie, Ontario. The transaction expands Right Time's footprint in Ontario and brings Climate Air's management and employees into Right Time's network; terms were not disclosed.

Gryphon Investors Acquires Right Time Heating and Air Conditioning from Clairvest

December 30, 2020

HVAC & Mechanical

Gryphon Investors completed a majority acquisition of Right Time Heating and Air Conditioning from Clairvest Group Inc., acquiring Canada’s largest independent residential HVAC services provider. Right Time — founded in 2014 and based in St. Catharines, Ontario with ~400 employees and 11 locations — will keep its management team in place with management retaining a significant equity stake as Gryphon supports continued organic growth and add-on M&A.

Right Time Group of Companies Acquires 669-Heat

November 3, 2022

HVAC & Mechanical

Right Time Group of Companies has acquired Northern Air & Mechanical Systems Inc., which does business as 669-Heat, a Sudbury-based residential HVAC services provider. The deal (terms undisclosed) will see the company's management and employees join Right Time as the platform — majority-owned by Gryphon Investors — expands its presence in Northern Ontario; 669-Heat is Right Time's fifteenth acquisition.

Right Time Group Acquires Knight Plumbing Heating & Air Conditioning

July 19, 2023

HVAC & Mechanical

Right Time Group of Companies, a Gryphon Investors–backed Canadian home services platform, has acquired Calgary-based Knight Plumbing Heating & Air Conditioning. The acquisition expands Right Time's residential HVAC and home services footprint in Western Canada; terms were not disclosed.