Right Time Group of Companies acquires Romaniuk Heating & Air Conditioning
by CM Staff
Romaniuk is the sixth acquisition completed by Right Time and the second following its partnership with San Francisco-based Gryphon Investors in December 2020.
ST. CATHARINES — On Apr. 5, Right Time Group of Companies announced the acquisition of Romaniuk Heating and Air Conditioning. Founded in 1989 by Tony Romaniuk, Romaniuk provides residential and commercial HVAC, air quality, plumbing and hot water services to the Edmonton market. Management and employees of Romaniuk will join the Right Time team and will benefit from Right Time’s management and training capabilities. Terms of the transaction were not disclosed.
Romaniuk is the sixth acquisition completed by Right Time and the second following its partnership with San Francisco-based Gryphon Investors in December 2020. Last month, Right Time announced the acquisition of Oakville, Ontario-based AtlasCare. 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 Tony and his team to expand the Company into Alberta. The Romaniuk team has built a strong business in Edmonton and Right Time is excited about joining forces. We look forward to continuing to deliver the high level of customer service that the Romaniuk brand is known for.”
“I started Romaniuk in 1989 and have owned and operated the Company since. As I thought about transitioning the business, the steady and experienced hands at Right Time were my clear first choice. Their track record of acquiring and integrating local brands onto their platform while preserving their legacies differentiated them as the leading consolidator in the Canadian residential HVAC and plumbing industry,” said Tony Romaniuk.
