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Right Time Group Acquires Halifax-Based Breathe Clean Mini Split Heat Pump Cleaning

Nov 15, 2023•over 1 year ago

Acquiring Company

Right Time Group of Companies

Acquired Company

Breathe Clean

St. CatharinesWilmington

Description

Right Time Group of Companies ("Right Time"), a leading home services provider in Canada, announced today the acquisition of Halifax, Nova Scotia-based Breathe Clean Mini Split Heat Pump Cleaning ("Breathe Clean" or the "Company"), expanding its growth in Nova Scotia. Since 2016, Breathe Clean has been providing first-rate ductless heat pump cleaning services in Halifax and the surrounding areas. Employees of the Company will join the Right Time team and continue to serve their customers and community. Terms of the transaction were not disclosed.

Company Information

Company

Right Time Group of Companies

Location

St. Catharines, Ontario, Canada

About

Right Time Group of Companies is a leading provider of residential heating, ventilation and air conditioning (HVAC), plumbing, and electrical services in Canada. The company operates 26 locations in Ontario, Nova Scotia, Manitoba, Saskatchewan, Alberta, and British Columbia, with over 1,400 employees.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed