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Consolidation trend Nov 2022 · Canada Verified

669-Heat is Right Time's fifteenth acquisition; Gryphon majority owner

The 669-Heat deal is Right Time's fifteenth acquisition, and the article confirms Right Time is majority-owned by middle-market PE firm Gryphon Investors and continually seeking new locations.

“Right Time is continuously looking to add new residential HVAC and home services locations to its existing network in Canada. Right Time is majority-owned by Gryphon Investors, a middle-market private equity firm.”

Entities

HVAC
Source: www.achrnews.com

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.