M&A Deal Summary

Right Time Heating and Air Conditioning Acquires AtlasCare

On March 10, 2021, Right Time Heating and Air Conditioning acquired consumer services company AtlasCare

Acquisition Highlights
  • This is Right Time Heating and Air Conditioning’s 1st transaction in the Consumer Services sector.
  • This is Right Time Heating and Air Conditioning’s 2nd transaction in Canada.
  • This is Right Time Heating and Air Conditioning’s 1st transaction in Ontario.

M&A Deal Summary

Date 2021-03-10
Target AtlasCare
Sector Consumer Services
Buyer(s) Right Time Heating and Air Conditioning
Deal Type Add-on Acquisition

Target

AtlasCare

Oakville, Ontario, Canada
AtlasCare provides residential HVAC, air quality, plumbing, and hot water services to the Ontario market from its branch in Oakville. AtlasCare was founded in 1932 and is based in Oakville, Ontario.

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Buyer(S) 1

Buyer

Right Time Heating and Air Conditioning

Saint Catharines, Ontario, Canada

Category Company
Sector Business Services
DESCRIPTION

Right Time Heating and Air Conditioning is an independent heating, ventilation and air-conditioning (“HVAC”) contractor focused strictly on the residential replacement market. Right Time operates out of seven locations in Ontario and Manitoba and provides preventative maintenance programs, repairs, and replacements of household HVAC units. Right Time Heating and Air Conditioning is based in Saint Catharines, Ontario.


DEAL STATS #
Overall 2 of 20
Sector (Consumer Services) 1 of 2
Type (Add-on Acquisition) 2 of 20
State (Ontario) 1 of 10
Country (Canada) 2 of 20
Year (2021) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-17 Moore and Russell Heating

Coquitlam, British Columbia, Canada

Moore and Russell Heating has specialized in serving the lower mainland in keeping homes comfortable and efficient. M&R Heating pride itself on quality and delivering the best customer experience for all HVAC needs. The company has always specialized in all aspects of the HVAC industry, including service, residential replacements, new construction projects, as well as commercial products and services. It installs forced air furnaces, central air conditioners, heat pumps, ductless split air conditioners and heat pumps, water heaters, zoning, HRVs, and more. Moore and Russell was formed in 1963 and is based in Coquitlam, British Columbia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-05 Romaniuk Heating and Air

Edmonton, Alberta, Canada

Romaniuk Heating and Air is a provider of residential and commercial HVAC, air quality, plumbing, and hot water services to the Edmonton market. Romaniuk Heating and Air was founded in 1989 and is based in Edmonton, Alberta.

Buy -