M&A Deal Summary

Right Time Heating and Air Conditioning Acquires Knight Plumbing Heating & Air Conditioning

On July 19, 2023, Right Time Heating and Air Conditioning acquired business services company Knight Plumbing Heating & Air Conditioning

Acquisition Highlights
  • This is Right Time Heating and Air Conditioning’s 17th transaction in the Business Services sector.
  • This is Right Time Heating and Air Conditioning’s 18th transaction in Canada.
  • This is Right Time Heating and Air Conditioning’s 2nd transaction in Alberta.

M&A Deal Summary

Date 2023-07-19
Target Knight Plumbing Heating & Air Conditioning
Sector Business Services
Buyer(s) Right Time Heating and Air Conditioning
Deal Type Add-on Acquisition

Target

Knight Plumbing Heating & Air Conditioning

Calgary, Alberta, Canada
Knight Plumbing Heating & Air Conditioning is a provider of plumbing, heating, and air conditioning services. Knight Plumbing Heating & Air Conditioning was founded in 1970 and is based in Calgary, Alberta.

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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 18 of 20
Sector (Business Services) 17 of 18
Type (Add-on Acquisition) 18 of 20
State (Alberta) 2 of 2
Country (Canada) 18 of 20
Year (2023) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-28 Shines Energy

Dartmouth, Nova Scotia, Canada

Shines Energy offers residential heating, cooling and air quality to homeowners in the Halifax Regional Municipality area. Shines Energy was founded in 2013 and is based in Dartmouth, Nova Scotia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-15 Breathe Clean

Halifax, Nova Scotia, Canada

Breathe Clean provides first-rate ductless heat pump cleaning services. Breathe Clean was founded in 2016 and is based in Halifax, Nova Scotia.

Buy -