Gryphon Investors Acquires Right Time Heating and Air Conditioning from Clairvest
December 30, 2020
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.
- Buyers
- Gryphon Investors
- Targets
- Right Time Heating and Air Conditioning
- Sellers
- Clairvest Group Inc.
- Industry
- HVAC & Mechanical
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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