Acquiring Company
Right Time Group of Companies
Acquired Company
Dunn Heating ClimateCare
Description
Right Time Group of Companies ("Right Time" or the "Company") announced today the acquisition of Waterloo-based Dunn Heating ClimateCare, which now operates as Dunn Heating and Air Conditioning. Established in 1973, Dunn Heating and Air Conditioning delivers residential heating, cooling, air quality, and hot water services to homeowners in the Tri-Cities area of Southern Ontario, encompassing Waterloo, Kitchener, and Cambridge. Management, including former owner Rick Dunn, and company employees will join the Right Time team and continue to serve their customers and community. 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