Clairvest Group invests in growth of HVAC contractor Right Time

Canadian mid-market private equity firm Clairvest Group has invested in Right Time Heating and Air Conditioning Canada Inc, a St. Catharines, Ontario-based heating, ventilation and air-conditioning (HVAC) contractor. Terms weren't released. The deal will see Clairvest partner with Right Time's co-founders, who will continue to own 50 percent of the business. Right Time operates out of seven Ontario and Manitoba locations to provide maintenance programs, repairs and replacements to household HVAC units. Clairvest Managing Director Mitch Green said his firm will support the company's growth objectives, which include building out corporate infrastructure, expanding marketing and acquisitions.

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