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Gryphon Investors Completes Majority Investment in Southern HVAC and Announces New Home Services Holding Company - Vimarsana News

Gryphon Investors Completes Majority Investment in Southern HVAC and Announces New Home Services Holding Company

Press release content from PR Newswire. The AP news staff was not involved in its creation.

Source: apnews.com
Gryphon Investors Completes Majority Investment in Right Time Heating and Air Conditioning - Vimarsana News

Gryphon Investors Completes Majority Investment in Right Time Heating and Air Conditioning

Gryphon Investors Completes Majority Investment in Right Time Heating and Air Conditioning Identifies Strong Growth Path & Large Market Opportunity for Canada's Leading Residential HVAC Installer News provided by Share this article Share this article SAN FRANCISCO, Dec. 30, 2020 /PRNewswire/ -- Gryphon Investors ("Gryphon"), a leading middle-market private equity firm, today announced that it has acquired Right Time Heating and Air Conditioning ("Right Time" or the "Company") from Clairvest Group Inc., a Canadian private equity firm. Right Time's management will remain with the Company and r...

Clairvest Generates an IRR of 110% and a 4.7x Multiple of Capital on the Sale of Right Time Heating and Air Conditioning - Vimarsana News

Clairvest Generates an IRR of 110% and a 4.7x Multiple of Capital on the Sale of Right Time Heating and Air Conditioning

Article content TORONTO, Dec. 30, 2020 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) (“CVG”), today announced that it and Clairvest Equity Partner V (collectively, “Clairvest”) completed the sale of their shares in Right Time Heating and Air Conditioning (“Right Time” or the “Company”) to Gryphon Investors. Right Time is the largest independently owned heating, ventilation and air-conditioning (“HVAC”) contractor in Canada focused on the residential replacement market. Right Time provides preventative maintenance programs, repairs, and replacements of household HVAC...