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Add-on acquisition · Closed Apr 2023 Verified

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

Relationship map

Relationship map for Gryphon-backed Right Time Group acquires Oosterveld Heating & Air (17th add-on)backsparent ofGryphon Investors: Pe FirmGryphon InvestorsRight Time Group of Companies: PlatformRTRight Time Group of C…Oosterveld Heating and Air Conditioning: Operating CompanyOosterveld Heating an…
Operating CompanyPe FirmPlatform

Parties

Acquirer
Right Time Group of Companies
Platform
Target
Oosterveld Heating and Air Conditioning
Operating Company
Sponsor
Gryphon Investors
Pe Firm

Market signals

Summary

Right Time Group of Companies, a Canadian residential HVAC contractor majority-owned by PE firm Gryphon Investors, acquired Guelph-based Oosterveld Heating and Air Conditioning, expanding its southern Ontario presence. It is Right Time's 17th acquisition under its growth plan.