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Right Time Group of Companies Acquires Comfort Masters of Ontario

June 4, 2021
Comfort Masters is the seventh acquisition completed by Right Time.

ST. CATHARINES, Ontario, June 3, 2021 -- Right Time Group of Companies has acquired Comfort Masters LTD. Founded in 2005 by Brian and Mariachristina Ripchensky, Comfort Masters provides residential HVAC, air quality, and hot water services to the Oshawa, York, Durham, and Simcoe regions of Ontario. Management and employees of Comfort Masters will join the Right Time team and will benefit from Right Time’s management and training capabilities. Terms of the transaction were not disclosed. 

Right Time now operates out of 14 locations in Ontario, Manitoba, Alberta, and British Columbia with over 600 employees. Right Time provides preventative maintenance programs, repairs, and replacements of household HVAC units. Right Time is majority-owned by Gryphon Investors, a leading middle-market private equity firm.

Comfort Masters is the seventh acquisition completed by Right Time. With these recent acquisitions, the Company continues to execute against its growth strategy within new and existing markets by providing industry-leading service to its customers. 

Right Time CEO Jeremy Hetherington said, “Right Time is excited to partner with Brian and his team to continue our growth across Ontario. Comfort Masters’ team has built a strong brand with a reputation for premium service, and we look forward to continuing to meet our customers’ needs.” 

“Over the past 16 years we have built a strong business centered around great customer service and we are excited to partner with Right Time, which has a similar service-first culture, for the next stage of our growth,” said Mr. Ripchensky. 

 www.right-time.ca

 www.gryphoninvestors.com