Headline: Kimbel Mechanical Systems Expands Operations with Gibson Plumbing Acquisition
Capital Good Springs declares acquisition of Gibson Plumbing by Kimbel Mechanical Services.
In a strategic move, Kimbel Mechanical Systems, a company under the wing of Good Springs Capital LP, has announced the acquisition of Gibson Plumbing Company on May 27, 2025. This addition marks the start of an exciting new phase of growth for Kimbel, extending their service area to four of Texas' fastest-growing regions.
Rob Kimbel, CEO of Kimbel, expressed his enthusiasm about the acquisition, stating, "We're thrilled to welcome Gibson to our family. This transaction significantly boosts our presence in Texas."
Barry Bankler, Gibson's CEO, expressed gratitude for the dedicated employees who have helped establish the company and expressed confidence in its new home within Kimbel.
Rob Hulick, Partner at Good Springs, expressed excitement about the opportunities that will emerge from this combination, affirming their commitment to supporting Kimbel's ongoing expansion.
Kutak Rock LLP acted as legal counsel for Kimbel, while FMI Capital Advisors, Inc. and Elder Bray & Bankler PC provided financial and legal advice for Gibson, respectively.
Founded in 1984 in Ohio and re-established in Northwest Arkansas in 1993, Kimbel is a leading national mechanical contractor, offering specialized plumbing, HVAC, and electrical services for residential and commercial builders. The company's diverse range of projects includes single-family homes, multi-family developments, military housing, hotels, tax credit housing, condominiums, apartments, student housing, hospitality, and assisted living facilities. With a workforce of over 650 employees, Kimbel continues to thrive as a premier mechanical contractor in its markets.
Established in 1954, Gibson Plumbing Company has a rich history of serving Texas builders. Its acquisition by Kimbel represents the perfect opportunity for Gibson to continue its growth trajectory.
Good Springs Capital LP, based in New York, NY, is a private investment firm that partners with founders, families, and entrepreneurial management teams in the industrial and services sectors. The firm's approach prioritizes long-term success and strong partnerships with talented management teams. It empowers successful companies to pursue their next phase of growth through the implementation of the Good Springs Growth System.
For further details about Kimbel Mechanical Systems, visit their website at www.kimbel.com. For any media inquiries, please contact Kristina Mayne Floyd at [email protected].
[1] Enrichment Insights: The acquisition of Gibson Plumbing Company adds to Kimbel Mechanical Systems' existing mechanical contracting operations, enhancing its service capabilities and geographic footprint in a strategic move to consolidate business services under its umbrella, broaden its service offerings, and strengthen its market position. This move reflects Good Springs Capital LP's strategic expansion approach through Kimbel Mechanical Systems, aiming to accelerate growth and diversify service portfolios in the mechanical contracting sector. By incorporating Gibson Plumbing, Kimbel hopes to increase operational efficiencies, access new client bases, and boost scale, thus bolstering its role as a comprehensive service provider in the business services sector.
- The acquisition of Gibson Plumbing Company by Kimbel Mechanical Systems, a company under Good Springs Capital LP, will expand their service offerings in the mechanical contracting industry, leveraging Gibson's rich history and expertise in Texas.
- With this strategic acquisition, Kimbel Mechanical Systems aims to strengthen its position in the business services sector, providing cloud-based finance and business solutions to its clients in the manufacturing and construction industries.
- The merger of Kimbel Mechanical Systems and Gibson Plumbing Company is expected to spur growth and improve operational efficiencies, enabling the consolidation of business services under a single umbrella, including news, finance, and cloud-based solutions.
