Acquiring Company
Right Time Group of Companies
Acquired Company
Anchor Home Comfort
St. CatharinesDescription
Right Time Group of Companies ("Right Time" or the "Company") is pleased to announce the acquisition of Anchor Home Comfort. Founded in 1986, Anchor Home Comfort provides residential HVAC, air quality, and hot water services to the City of Ottawa, Ontario, and surrounding areas. Management and employees of Anchor Home Comfort will join the Right Time team and will benefit from Right Time's management and training capabilities. Terms of the transaction were not disclosed.
M&A Insights
Based on deal dataIntegration 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