Gryphon invests in Right Time Heating and Air Conditioning

Middle-market private equity firm Gryphon Investors, has acquired Right Time Heating and Air Conditioning from Clairvest Group Inc., a Canadian private equity firm. Founded in 2014 and headquartered in St. Catharines, ON, Right Time is an independently-owned residential HVAC services provider with 400 employees that has 10 brands and operates out of 11 locations in Ontario, Manitoba and British Columbia.

Right Time’s management will remain and retains a significant equity stake. Right Time co-founder and president Jeremy Hetherington has been named CEO.