GOOD SPRINGS CAPITAL
GOOD SPRINGS CAPITAL is a Series C+ and buyout fund in the US writing $50M–$150M checks into industrial and services.
- Stages
- Series C+, buyout
- Sectors
- industrial, services
- Check size
- $50M–$150M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2023
- Assets under management
- $611M
- Website
- goodspringscap.com
Thesis
Good Springs Capital is a private investment firm established in 2023, focusing on acquiring and growing middle-market platform businesses in the industrial and services sectors, primarily in the United States. They target companies with $10-$40 million in annual EBITDA, seeking strong returns and free cash flow conversion. The firm takes majority control positions or minority stakes leading to majority control, emphasizing long-term partnerships and growth through their 'Good Springs Growth System'. Their inaugural fund, Good Springs Capital Fund I, closed with $570 million, bringing their AUM to approximately $611 million as of January 2025. Typical equity checks range from $50 million to $150 million.
Common questions
Does GOOD SPRINGS CAPITAL invest at the Series C+ stage?
Yes. GOOD SPRINGS CAPITAL lists Series C+ and buyout among the stages it invests in.
What check size does GOOD SPRINGS CAPITAL write?
GOOD SPRINGS CAPITAL writes $50M–$150M checks.
Where does GOOD SPRINGS CAPITAL invest?
GOOD SPRINGS CAPITAL invests in the US.