Good Springs Capital Facilitates Kimbel Mechanical's Strategic Acquisition of Gibson Plumbing

On May 27, 2025, Good Springs Capital LP, a private investment firm known for its partnerships with entrepreneurial management teams, made headlines with the announcement of Kimbel Mechanical Systems' acquisition of Gibson Plumbing Company. This strategic move marks a significant growth milestone for Kimbel in the competitive plumbing, HVAC, and electrical contracting sectors.

Founded in 1984 and re-established in Northwest Arkansas, Kimbel has consistently focused on addressing the mechanical needs of both residential and commercial builders. The firm has developed a robust operational footprint over the years, providing essential services for single-family and multi-family projects, including military housing and assisted living. With over 650 employees, Kimbel is recognized as a leading contractor in its field.

The Acquisition

Gibson Plumbing, headquartered in San Antonio, Texas, brings with it a rich history and a reputable market presence. Established in 1954, Gibson has been a key player in the Texas plumbing market, specializing in both single and multi-family residential plumbing projects. CEO Rob Kimbel remarked on the acquisition, stating it marks an exciting new chapter for the Kimbel organization. He expressed optimism about incorporating Gibson's operations in some of Texas' fastest-growing areas such as San Antonio, Dallas, Houston, and Austin.

This acquisition not only enhances Kimbel's geographic reach but also aligns perfectly with the growth strategy that both Kimbel and Good Springs Capital have developed since forming their partnership last year. Rob Hulick, Partner at Good Springs, added that the integration of Gibson's operations will open up numerous opportunities for growth and provide increased value to customers and stakeholders alike.

Strategic Vision

The decision to integrate Gibson Plumbing is rooted in a vision for expanding service capabilities and improving customer satisfaction across Texas. As the demand for reliable plumbing services continues to rise with the state's growing population and construction efforts, this acquisition positions Kimbel to meet evolving market needs more effectively.

Gibson’s CEO, Barry Bankler, expressed his gratitude towards the employees who have contributed to the company's success and noted that the merge represents an ideal alignment of values and goals. He stated, “We are pleased to have found the perfect home for Gibson,” indicating excitement about the future under Kimbel’s umbrella.

Looking Ahead

With this expansion, Kimbel Mechanical Systems is set to explore new horizons. As they integrate Gibson's operations, they will be focusing on enhancing service delivery and operational efficiency to ensure that both companies exceed customer expectations.

Conclusion

Kimbel’s acquisition of Gibson Plumbing is a pivotal moment not only for the companies involved but also for the broader Texas construction and services landscape. Supported by Good Springs Capital, the combined strengths of Kimbel and Gibson promise to foster innovation and growth in an ever-evolving market. As they move forward, industry experts will be watching for how this strategic maneuver affects both corporate operations and customer engagement in the plumbing sector.

For more information about Kimbel Mechanical Systems and its services, visit www.kimbel.com. To learn about Good Springs Capital's investment philosophy and future initiatives, check out www.goodspringscap.com.