M&A Deal Summary

Right Time Heating and Air Conditioning Acquires Romaniuk Heating and Air

On April 5, 2021, Right Time Heating and Air Conditioning acquired business services company Romaniuk Heating and Air

Acquisition Highlights
  • This is Right Time Heating and Air Conditioning’s 2nd transaction in the Business Services sector.
  • This is Right Time Heating and Air Conditioning’s 3rd transaction in Canada.
  • This is Right Time Heating and Air Conditioning’s 1st transaction in Alberta.

M&A Deal Summary
Date 2021-04-05
Target Romaniuk Heating and Air
Sector Business Services
Buyer(s) Right Time Heating and Air Conditioning
Deal Type Add-on Acquisition

Target

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.

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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 3 of 20
Sector (Business Services) 2 of 18
Type (Add-on Acquisition) 3 of 20
State (Alberta) 1 of 2
Country (Canada) 3 of 20
Year (2021) 2 of 7
PREVIOUS 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-03 Comfort Masters

Oshawa, Ontario, Canada

Comfort Masters provides residential HVAC, air quality, and hot water services to the Oshawa, York, Durham, and Simcoe regions of Ontario. Comfort Masters was founded in 2005 and is based in Oshawa, Ontario.

Buy -
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