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Gryphon Investors

Verified

Pe Firm

Gryphon Investors logo
San Francisco, CA, US Founded 1995 Website

Acquired majority of Right Time Group of Companies Dec 2020 (from Clairvest Group).

Headquarters

US hq by state Alaska: no recorded hq Alabama: no recorded hq Arkansas: no recorded hq Arizona: no recorded hq California: 1 hq Colorado: no recorded hq Connecticut: no recorded hq District of Columbia: no recorded hq Delaware: no recorded hq Florida: no recorded hq Georgia: no recorded hq Hawaii: no recorded hq Iowa: no recorded hq Idaho: no recorded hq Illinois: no recorded hq Indiana: no recorded hq Kansas: no recorded hq Kentucky: no recorded hq Louisiana: no recorded hq Massachusetts: no recorded hq Maryland: no recorded hq Maine: no recorded hq Michigan: no recorded hq Minnesota: no recorded hq Missouri: no recorded hq Mississippi: no recorded hq Montana: no recorded hq North Carolina: no recorded hq North Dakota: no recorded hq Nebraska: no recorded hq New Hampshire: no recorded hq New Jersey: no recorded hq New Mexico: no recorded hq Nevada: no recorded hq New York: no recorded hq Ohio: no recorded hq Oklahoma: no recorded hq Oregon: no recorded hq Pennsylvania: no recorded hq Rhode Island: no recorded hq South Carolina: no recorded hq South Dakota: no recorded hq Tennessee: no recorded hq Texas: no recorded hq Utah: no recorded hq Virginia: no recorded hq Vermont: no recorded hq Washington: no recorded hq Wisconsin: no recorded hq West Virginia: no recorded hq Wyoming: no recorded hq
Headquarters: San Francisco, CA, US.

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership map for Gryphon InvestorsPart OfPart OfPart OfPart Ofbacked bybacked bybacked bymerged withparent ofparent ofparent ofparent ofrolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up into360 Super Techs: Operating Company3S360 Super Techs669-Heat: Operating Company669-HeatA+ Heating & Cooling – Electrical: Operating CompanyAHA+ Heating & Cooling …ACE Solves It All: Operating CompanyACE Solves It AllAMSCO Supply: Operating CompanyAMSCO SupplyAboveAir Technologies: Operating CompanyAboveAir TechnologiesAirNow Cooling & Heating: Operating CompanyAirNow Cooling & Heat…AirPlus Heating, Cooling, Plumbing & Electrical: Operating CompanyAHAirPlus Heating, Cool…AirX Climate Solutions: PlatformACAirX Climate SolutionsAllen's Air Conditioning & Heating: Operating CompanyAllen's Air Condition…Anchor Home Comfort: Operating CompanyAnchor Home ComfortAtlasCare: Operating CompanyAtlasCareBeijer Ref: PlatformBRBeijer RefBelyea Bros: Operating CompanyBelyea BrosBenoist Brothers Supply Co.: PlatformBenoist Brothers Supp…C.M. Mose & Son: Operating CompanyC.M. Mose & SonClimate Air Heating & Air Conditioning: Operating CompanyCAClimate Air Heating &…Coastal Supply Company: Operating CompanyCoastal Supply CompanyComfort Masters: Operating CompanyComfort MastersControlled Temp Supply: Operating CompanyCTControlled Temp SupplyCunningham Associates Heating & Air Conditioning: Operating CompanyCunningham Associates…David Gray Electrical, Plumbing, Heating & Air: Operating CompanyDavid Gray Electrical…Dial Plumbing and Air Conditioning: Operating CompanyDPDial Plumbing and Air…Dunn Heating ClimateCare: Operating CompanyDHDunn Heating ClimateC…Dunn's HVAC, Plumbing & Electrical: Operating CompanyDunn's HVAC, Plumbing…Duron Smith A/C & Heat: Operating CompanyDSDuron Smith A/C & HeatEd's Supply: PlatformESEd's SupplyElite Electric, Plumbing & Air: Operating CompanyElite Electric, Plumb…FAST of Florida: Operating CompanyFAST of FloridaFive Star Plumbing, Heating and Cooling: PlatformFive Star Plumbing, H…Fox Service Company: Operating CompanyFSFox Service CompanyGeorge M. Hill & Sons Inc.: Operating CompanyGMGeorge M. Hill & Sons…Gryphon Investors: Pe FirmGryphon InvestorsHaven Home ClimateCare: Operating CompanyHHHaven Home ClimateCareHeritage Distribution Holdings: PlatformHDHeritage Distribution…Knight Plumbing, Heating & Air Conditioning: Operating CompanyKnight Plumbing, Heat…M&K Climate Care: Operating CompanyMKM&K Climate CareM.E. Flow Inc.: Operating CompanyM.E. Flow Inc.MSouth Equity Partners: Pe FirmMEMSouth Equity PartnersMarvair: PlatformMAMarvairMission Plumbing, Heating and Cooling: PlatformMPMission Plumbing, Hea…North American Essential Home Services (NAEHS): PlatformNANorth American Essent…Northern Air & Mechanical Systems: Operating CompanyNANorthern Air & Mechan…Northern Air Systems: Operating CompanyNANorthern Air SystemsNu Comfort Supply: Operating CompanyNCNu Comfort SupplyNuComfort: Operating CompanyNuComfortNuComfort Supply: Operating CompanyNuComfort SupplyOosterveld Heating and Air Conditioning: Operating CompanyOosterveld Heating an…Patrick's Heating and Air Conditioning: Operating CompanyPatrick's Heating and…Powrmatic USA: Operating CompanyPowrmatic USAPrecision Heating & Air Conditioning: Operating CompanyPrecision Heating & A…Presidential Heating & Air Conditioning Inc.: Operating CompanyPresidential Heating …Pro Plumbing Services LLC: Operating CompanyPro Plumbing Services…Pro-Tech Air Conditioning & Plumbing: Operating CompanyPro-Tech Air Conditio…Right Time Group of Companies: PlatformRTRight Time Group of C…Southern HVAC: PlatformSHSouthern HVACSouthern HVAC (Southern Home Services): PlatformSouthern HVAC (Southe…Southern Home Services: PlatformSouthern Home ServicesWittichen Supply Company: PlatformWittichen Supply Comp…furnaceguys Home Heating & Cooling: Operating CompanyFHfurnaceguys Home Heat…
Operating CompanyPe FirmPlatform

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Market signals

Acquisition history

Acquisition timeline20212022202320242021 · Majority stake → Southern HVAC2021 · Platform creation → Wittichen Supply Company2021 · Platform creation → Right Time Group of Companies (verified)2021 · Platform creation → Southern HVAC2021 · Add-on acquisition → Anchor Home Comfort (verified)2021 · Add-on acquisition → AtlasCare (verified)2021 · Add-on acquisition → Comfort Masters (verified)2021 · Add-on acquisition → furnaceguys Home Heating & Cooling (verified)2021 · Add-on acquisition → Romaniuk Heating and Air Conditioning2021 · Majority stake → Southern HVAC2022 · Add-on acquisition → Controlled Temp Supply2022 · Add-on acquisition → Right Time Group of Companies2022 · Add-on acquisition → Southern HVAC (Southern Home Services)2022 · Add-on acquisition → Coastal Supply Company2022 · Add-on acquisition → Controlled Temp Supply2022 · Add-on acquisition → Ed's Supply2022 · Platform creation → Benoist Brothers Supply Co.2022 · Platform creation → Nu Comfort Supply2022 · Platform creation → Wittichen Supply Company2022 · Add-on acquisition → 669-Heat2022 · Add-on acquisition → Dunn Heating ClimateCare2022 · Add-on acquisition → Northern Air & Mechanical Systems2022 · Add-on acquisition → Wardlaw Heating and Cooling (verified)2022 · Add-on acquisition → Benoist Brothers Supply Co.2023 · Add-on acquisition → Knight Plumbing, Heating & Air Conditioning (verified)2023 · Add-on acquisition → Oosterveld Heating and Air Conditioning (verified)2023 · Add-on acquisition → Thomson Industries Ltd. (verified)2024 · Add-on acquisition → AboveAir Technologies2024 · Add-on acquisition → Powrmatic USA
29 recorded deals, 2021–2024verifiedunverified+1 undated (not shown)

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded acquired companies California: 2 acquired companies Colorado: no recorded acquired companies Connecticut: no recorded acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: 1 acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: no recorded acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: 2 acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: no recorded acquired companies Missouri: no recorded acquired companies Mississippi: 2 acquired companies Montana: no recorded acquired companies North Carolina: no recorded acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: no recorded acquired companies New York: 1 acquired companies Ohio: no recorded acquired companies Oklahoma: no recorded acquired companies Oregon: no recorded acquired companies Pennsylvania: no recorded acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: no recorded acquired companies Texas: 3 acquired companies Utah: no recorded acquired companies Virginia: no recorded acquired companies Vermont: no recorded acquired companies Washington: no recorded acquired companies Wisconsin: no recorded acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. Texas 3
  2. 2. California 2
  3. 3. Maryland 2
  4. 4. Mississippi 2
  5. 5. Florida 1
  6. 6. New York 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands Gryphon Investors acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Majority stake Oct 2021

Gryphon Investors acquires Southern HVAC from MSouth Equity Partners

Gryphon Investors → Southern HVAC
Add-on acquisition Jul 2024

Gryphon Investors backs AirX Climate Solutions roll-up platform

AirX Climate Solutions → AboveAir Technologies
Add-on acquisition

Gryphon-backed AirX Climate Solutions acquires Northern Air Systems

AirX Climate Solutions → Northern Air Systems
Add-on acquisition Dec 2024

Gryphon-backed AirX Climate Solutions acquires Powrmatic USA

AirX Climate Solutions → Powrmatic USA
Add-on acquisition Aug 2022

Ed's Supply (Heritage Distribution Holdings) acquires Controlled Temp Supply

Ed's Supply → Controlled Temp Supply
Add-on acquisition May 2022

Gryphon acquired Southern HVAC, a 15-brand platform

Gryphon Investors → Right Time Group of Companies
Add-on acquisition May 2022

Gryphon acquired Southern HVAC, a 15-brand platform

Gryphon Investors → Southern HVAC (Southern Home Services)
Platform creation Aug 2021

Gryphon Investors acquires Wittichen Supply Company

Gryphon Investors → Wittichen Supply Company
Add-on acquisition Oct 2022

Heritage Distribution Holdings (Gryphon-backed) acquires Coastal Supply Company

Heritage Distribution Holdings → Coastal Supply Company
Add-on acquisition Aug 2022

Ed's Supply (Heritage Distribution Holdings) acquires Controlled Temp Supply

Heritage Distribution Holdings → Controlled Temp Supply
Add-on acquisition Apr 2022

Gryphon Investors acquires Ed's Supply for Heritage Distribution Holdings platform

Heritage Distribution Holdings → Ed's Supply
Platform creation Apr 2022

Gryphon's Heritage Distribution Holdings platform rebrand and buildout

Heritage Distribution Holdings → Benoist Brothers Supply Co.
Platform creation Aug 2022

Gryphon-backed Heritage Distribution Holdings HVAC/R distribution platform

Heritage Distribution Holdings → Nu Comfort Supply
Platform creation Apr 2022

Gryphon's Heritage Distribution Holdings platform rebrand and buildout

Heritage Distribution Holdings → Wittichen Supply Company
Platform creation Oct 2021
Verified

Gryphon forms NAEHS home-services holding company over Southern HVAC and Right Time

North American Essential Home Services (NAEHS) → Right Time Group of Companies
Platform creation Oct 2021

Gryphon forms NAEHS holding company over Southern HVAC and Right Time

North American Essential Home Services (NAEHS) → Southern HVAC
Add-on acquisition Nov 2022

Right Time Group (Gryphon-backed) acquires 669-Heat

Right Time Group of Companies → 669-Heat
Add-on acquisition Aug 2021
Verified

Right Time acquires Anchor Home Comfort (ninth add-on, Gryphon-backed)

Right Time Group of Companies → Anchor Home Comfort
Add-on acquisition Mar 2021
Verified

Right Time Group of Companies acquires AtlasCare (Atlas Service Company Inc.)

Right Time Group of Companies → AtlasCare
Add-on acquisition Jun 2021
Verified

Right Time Group acquires Comfort Masters (seventh acquisition)

Right Time Group of Companies → Comfort Masters
Add-on acquisition Dec 2022

PE-backed Right Time Group acquires Dunn Heating ClimateCare (16th deal)

Right Time Group of Companies → Dunn Heating ClimateCare
Add-on acquisition Oct 2021
Verified

Right Time (Gryphon Investors) acquires furnaceguys Home Heating & Cooling — 10th add-on, first in Saskatchewan

Right Time Group of Companies → furnaceguys Home Heating & Cooling
Add-on acquisition Jul 2023
Verified

Right Time Group acquires Knight Plumbing, Heating & Air Conditioning in Calgary

Right Time Group of Companies → Knight Plumbing, Heating & Air Conditioning
Add-on acquisition Dec 2022

Right Time Group acquires Northern Air & Mechanical Systems (669-Heat)

Right Time Group of Companies → Northern Air & Mechanical Systems
Add-on acquisition Apr 2023
Verified

Gryphon-backed Right Time Group acquires Oosterveld Heating & Air (17th add-on)

Right Time Group of Companies → Oosterveld Heating and Air Conditioning
Add-on acquisition Jun 2021

Right Time acquires Romaniuk Heating and Air Conditioning (Alberta entry)

Right Time Group of Companies → Romaniuk Heating and Air Conditioning
Majority stake Oct 2021

Gryphon's December investment in Right Time referenced

Right Time Group of Companies → Southern HVAC
Add-on acquisition May 2023
Verified

Gryphon-backed Right Time Group acquires Thomson Industries (18th acquisition)

Right Time Group of Companies → Thomson Industries Ltd.
Add-on acquisition Apr 2022
Verified

Right Time Group of Companies acquires Wardlaw Heating and Cooling (14th acquisition)

Right Time Group of Companies → Wardlaw Heating and Cooling
Add-on acquisition Feb 2022

Gryphon Investors acquires Benoist Brothers Supply, adds to Wittichen platform

Wittichen Supply Company → Benoist Brothers Supply Co.

Related news

  • southernhomeservices.com· Oct 4, 2021

    Gryphon Investors completed a majority investment in Southern Home Services, acquiring it from MSouth Equity Partners. Southern Home Services and Gryphon's earlier acquisition, Right Time, will be owned by a new holding company, NAEHS℠, but will operate independently. The article states that Southern Home Services is a provider of residential HVAC, plumbing, and electrical services across 15 brands in the Southeastern U.S., Midwestern U.S., and Texas.

  • gryphon-inv.com

    AirX Climate Solutions, Inc. (ACS) has acquired AboveAir Technologies, which will become a new division within ACS. The acquisition expands ACS's product offering into the data center market and its footprint into the Mid-Atlantic region. AboveAir founder Matt Miller will become President of the AboveAir division and a shareholder in ACS, alongside Gryphon Investors, which invested in ACS in November 2023. Financial terms were not disclosed.

  • gryphon-inv.com

    Gryphon Investors announced it will acquire AirX Climate Solutions (ACS), a specialty HVAC provider, from private equity firm L Catterton. The transaction is expected to close in the fourth quarter of 2023. Gryphon's investment will support ACS's growth initiatives, including geographic expansion, aftermarket services, and strategic acquisitions. ACS CEO Rick Aldridge and management will reinvest alongside Gryphon and continue to lead the company.

  • gryphon-inv.com

    Gryphon Investors has completed a majority investment in Right Time Heating and Air Conditioning, Canada's largest independently owned residential HVAC services provider. The article states that Right Time operates 10 brands across 11 locations in Ontario, Manitoba, and British Columbia with 400 employees. Jeff Balagna will become Chairman, while co-founders Vaughn Goettler and Jeremy Hetherington will serve as Vice Chairman and CEO, respectively. The article notes that Right Time plans to continue expanding geographically and through acquisitions.

  • gryphon-inv.com

    Gryphon Investors announced a majority investment in Southern HVAC, acquiring it from MSouth Equity Partners. Southern HVAC will team with sister company Right Time under a new holding company, NAEHS, while retaining separate brands and management. Ian McKeen has become CEO of NAEHS. Financial terms were not disclosed.

  • gryphon-inv.com

    The article is a portfolio overview page from Gryphon Investors' website, listing its investment sectors including HVAC Services and Home Services. It describes Gryphon's thesis-driven, proactive sector initiatives and partnership-based approach with management teams to help businesses realize their goals. No specific deal or transaction is mentioned.