Good Springs Capital Invests in Falasca Mechanical

Good Springs Capital Invests in Kimbel Mechanical Systems

July 1, 2024

HVAC & Mechanical

Good Springs Capital LP has completed an investment in Kimbel Mechanical Systems, a Fayetteville, Arkansas-based mechanical contractor offering plumbing, HVAC, and electrical services. The Kimbel family and senior management will remain significant owners and operators as Good Springs partners with the company to accelerate growth and pursue a focused acquisition strategy across its multi-state footprint.

Good Springs Capital Invests in Tectonic Engineering

October 30, 2024

Engineering Services

Entities managed by Good Springs Capital have completed a control investment in Tectonic Engineering Consultants, Geologists & Land Surveyors, D.P.C., a Mountainville, New York‑headquartered multi‑disciplined engineering firm with over 500 employees. Tectonic's founders/management will remain significant owners and will continue to operate the business while Good Springs supports accelerated growth, geographic expansion and strategic add-on acquisitions.

Citation Capital Acquires Majority Stake in Gallo Mechanical

June 23, 2025

HVAC & Mechanical

Citation Capital, a Dallas-based private equity firm, acquired a majority stake in Gallo Mechanical, a fourth-generation New Orleans-based mechanical contractor specializing in large-scale HVAC and plumbing installation and services. The Gallo family and management will retain a significant interest, and the partnership is intended to support geographic and capability-driven growth across healthcare, hospitality, education and industrial end markets.

Kimbel Mechanical Systems (Good Springs Capital) Acquires Gibson Plumbing Company

May 27, 2025

HVAC & Mechanical

Kimbel Mechanical Systems, a Good Springs Capital portfolio company, has acquired Gibson Plumbing Company, a San Antonio-based residential plumbing contractor. The acquisition expands Kimbel's footprint into San Antonio, Dallas, Houston, and Austin, supporting the platform's geographic growth across Texas.

NewSpring Franchise Completes Controlling Investment in Green Home Solutions

September 26, 2023

Environmental Services

NewSpring Franchise, the franchise-focused strategy of private equity firm NewSpring, completed a controlling investment in Green Home Solutions, a franchised residential and commercial mold remediation and indoor air quality services provider. The capital will support national expansion across new markets and the launch of additional services to broaden the company's indoor air quality offerings.

NMS Capital Recapitalizes Capstone Mechanical

May 6, 2025

Industrial Services

NMS Capital has recapitalized Capstone Mechanical, a Portsmouth, New Hampshire-based commercial HVAC and refrigeration service provider. The private equity partnership will support Capstone's organic growth and M&A strategy to expand its footprint and capabilities across the Eastern United States; terms were not disclosed.