Gryphon Investors Completes Majority Investment in Right Time Heating and Air Conditioning
Identifies Strong Growth Path & Large Market Opportunity for Canada s Leading Residential HVAC Installer
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SAN FRANCISCO, Dec. 30, 2020 /PRNewswire/ Gryphon Investors ( Gryphon ), a leading middle-market private equity firm, today announced that it has acquired Right Time Heating and Air Conditioning ( Right Time or the Company ) from Clairvest Group Inc., a Canadian private equity firm. Right Time s management will remain with the Company and retain a significant equity stake. Financial terms of the transaction were not disclosed.
Founded in 2014 and headquartered in St. Catharines, Ontario, Right Time is the largest independently owned residential HVAC services provider in Canada with a focus on