Good Springs Capital Fund I

Managed by Good Springs Capital

Overview

Good Springs Capital Fund I is the inaugural fund of Good Springs Capital. It focuses on control investments in middle-market industrial and services businesses led by founders, families, and entrepreneurial management teams, with a long-term ownership approach.

Founded in 2023, Good Springs Capital invests in middle-market industrial and services businesses operated by entrepreneurial management teams. The firm focuses on companies with identifiable macroeconomic, industry, and company-specific tailwinds. The manager applies a research-led investment process spanning thesis development, due diligence, execution, and post-investment ownership. It works with management teams on organic initiatives and add-on acquisitions through its Good Springs Growth System.

Selected investments

  • Kimbel Mechanical Systems — The fund invested in Kimbel Mechanical Systems, a provider of plumbing, electrical, and HVAC installation services for residential and commercial new-construction projects.
  • Tectonic Engineering — The fund invested in Tectonic Engineering, a multidisciplinary engineering firm serving transportation, telecommunications, energy, and water infrastructure markets.

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