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Right Time Group of Companies Acquires Toronto-Based Belyea Bros Limited Heating, Cooling & Electrical

Jun 06, 2024over 1 year ago

Acquiring Company

Right Time Group of Companies

Acquired Company

Belyea Bros Limited Heating Cooling & Electrical

St. CatharinesTorontoBuilding MaintenanceConstructionService Industry

Description

Right Time Group of Companies, Canada's leading home services provider, has announced the acquisition of Belyea Bros Limited Heating, Cooling & Electrical. This acquisition marks continued expansion in Ontario and reinforces Right Time's commitment to providing exceptional home services in the Canadian market.

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