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Right Time Group Of Companies Acquires 360 Super Techs Of Vancouver Island

Mar 07, 2022over 3 years ago

Acquiring Company

Right Time Group of Companies

Acquired Company

Vancouver Island

St. Catharines

Description

Right Time Group of Companies ("Right Time" or the "Company") is continuing its western Canadian expansion with the acquisition of 360 Super Techs of Vancouver Island, British Columbia. 360 Super Techs encompasses 360 Comfort Systems and The Super Plumber. Founded in 2011, 360 Comfort Systems provides residential heating, cooling, and electrical services. The Super Plumber, established in 2006, provides residential plumbing and drain services to communities between Nanaimo and Victoria, BC. Management and employees of the companies will join the Right Time team and will benefit from Right Time's management and training capabilities. 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.

DealWatch™ Score

80
High M&A Activity

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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

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