Gryphon Investors
VerifiedPe Firm
Acquired majority of Right Time Group of Companies Dec 2020 (from Clairvest Group).
Ownership
- Right Time Group of Companies backed by Gryphon Investors Verified
- Southern HVAC (Southern Home Services) backed by Gryphon Investors Verified
- North American Essential Home Services (NAEHS) backed by Gryphon Investors Verified
Deals
Right Time acquires Thomson Industries (BC)
Gryphon Investors acquires Southern HVAC and forms NAEHS
Gryphon Investors acquires majority of Right Time Group
Related news
- southernhomeservices.com· Oct 4, 2021
Gryphon Investors completed a majority investment in Southern Home Services, acquiring it from MSouth Equity Partners. Southern Home Services and Gryphon's earlier acquisition, Right Time, will be owned by a new holding company, NAEHS℠, but will operate independently. The article states that Southern Home Services is a provider of residential HVAC, plumbing, and electrical services across 15 brands in the Southeastern U.S., Midwestern U.S., and Texas.
- gryphon-inv.com
AirX Climate Solutions, Inc. (ACS) has acquired AboveAir Technologies, which will become a new division within ACS. The acquisition expands ACS's product offering into the data center market and its footprint into the Mid-Atlantic region. AboveAir founder Matt Miller will become President of the AboveAir division and a shareholder in ACS, alongside Gryphon Investors, which invested in ACS in November 2023. Financial terms were not disclosed.
- gryphon-inv.com
Gryphon Investors announced it will acquire AirX Climate Solutions (ACS), a specialty HVAC provider, from private equity firm L Catterton. The transaction is expected to close in the fourth quarter of 2023. Gryphon's investment will support ACS's growth initiatives, including geographic expansion, aftermarket services, and strategic acquisitions. ACS CEO Rick Aldridge and management will reinvest alongside Gryphon and continue to lead the company.
- gryphon-inv.com
Gryphon Investors has completed a majority investment in Right Time Heating and Air Conditioning, Canada's largest independently owned residential HVAC services provider. The article states that Right Time operates 10 brands across 11 locations in Ontario, Manitoba, and British Columbia with 400 employees. Jeff Balagna will become Chairman, while co-founders Vaughn Goettler and Jeremy Hetherington will serve as Vice Chairman and CEO, respectively. The article notes that Right Time plans to continue expanding geographically and through acquisitions.
- gryphon-inv.com
Gryphon Investors announced a majority investment in Southern HVAC, acquiring it from MSouth Equity Partners. Southern HVAC will team with sister company Right Time under a new holding company, NAEHS, while retaining separate brands and management. Ian McKeen has become CEO of NAEHS. Financial terms were not disclosed.
- gryphon-inv.com
The article is a portfolio overview page from Gryphon Investors' website, listing its investment sectors including HVAC Services and Home Services. It describes Gryphon's thesis-driven, proactive sector initiatives and partnership-based approach with management teams to help businesses realize their goals. No specific deal or transaction is mentioned.