M&A Deal Summary

Right Time Heating and Air Conditioning Acquires Moore and Russell Heating

On July 17, 2020, Right Time Heating and Air Conditioning acquired business services company Moore and Russell Heating

Acquisition Highlights
  • This is Right Time Heating and Air Conditioning’s 1st transaction in the Business Services sector.
  • This is Right Time Heating and Air Conditioning’s 1st transaction in Canada.
  • This is Right Time Heating and Air Conditioning’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2020-07-17
Target Moore and Russell Heating
Sector Business Services
Buyer(s) Right Time Heating and Air Conditioning
Deal Type Add-on Acquisition

Target

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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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 1 of 20
Sector (Business Services) 1 of 18
Type (Add-on Acquisition) 1 of 20
State (British Columbia) 1 of 5
Country (Canada) 1 of 20
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-10 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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