Leading Canadian HVAC operator continues westward expansion
ST. CATHARINES, Ontario, July 19, 2023 /PRNewswire/ — Right Time Group of Companies (“Right Time”), canada The leading provider of home care services today announced the acquisition of Calgary, Alberta-based company Knight Plumbing Heating & Air Conditioning (“Knight” or the “Company”) and continues to grow Western Canada. Since 1970, Knight has provided exceptional plumbing, heating and air conditioning services Calgary and the surrounding areas. The company’s management and employees will join the Right Time team and continue to serve their customers and community. The terms of the transaction were not disclosed.
Knight is the 20th acquisition Right Time has completed as part of its continued growth strategy. “We are proud to welcome the Knight team to Right Time,” said CEO Craig Gottler. “The Wander family and their team have built a legacy Calgary We look forward to continuing this area in the years to come.
The community of Calgary has warmly embraced Knight for the past 50 years; Year after year, we honor the company with numerous consumer awards. Additionally, the company has held an A+ BBB rating for decades. “Since 1970, we have provided quality customer service to residents of Calgar and the surrounding community,” he said Bernie Wanderer. “With three generations of our family serving our community, Right Time was a fantastic choice to continue our legacy and take Knight to the next level for our team and customers.”
Right Time is constantly looking to expand its existing network with new residential HVAC and home service locations Canada. Interested owners are asked to get in touch Curtis Budgell at the coordinates below or visit the website to request more information.
Right Time is majority owned by Gryphon Investors, a leading mid-market private equity firm.
About the right time
Right Time is Canada’s leading independent heating, ventilating, and air conditioning (“HVAC”) provider focused on the residential market. Right Time currently operates from 26 locations in Europe ontario, Nova Scotia, Manitoba, Saskatchewan, albertaAnd British Columbia employs over 1,400 people and offers preventive maintenance programs, repairs and replacement of household HVAC equipment. For more information, visit www.right-time.ca.
About Gryphon Investors
Gryphon Investors (www.gryphoninvestors.com) is a leading private equity firm focused on making companies profitable and competitive in partnership with management. Away December 31, 2022the company is over $8.9 billion of the managed assets. Gryphon seeks capital investments 50 million dollars To 300 million dollars in portfolio companies with enterprise values of approx 100 million dollars To 600 million dollars. Gryphon prioritizes investment opportunities where it can forge strong partnerships with founders, owners and executives to build leading companies while leveraging Gryphon’s capital, specialized technical resources and operational expertise.
Contact:
Curtis BudgellVice President, Corporate Development
Right Time group of companies
[email protected]
204-296-8420
SOURCE Right Time Group of Companies
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