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Announced

Completed

Good Springs Capital completed the investment in Tectonic Engineering.

Synopsis

Good Springs Capital, a private investment firm focused on partnering with founders, families, and entrepreneurial management teams in the industrial and services sectors, completed the investment in Tectonic Engineering, a multi-disciplined engineering firm focused on the transportation, telecommunications, energy, and water infrastructure end markets. Financial terms were not disclosed. "Over the past 38 years, under the leadership of Donald Benvie and Richard Kummerle, Tectonic has grown its business and reputation by being responsive to clients and providing them with high-quality engineering services and advice. We believe the Company has strong business momentum and numerous actionable opportunities to pursue in its attractive end markets, many of which are being driven by the need to repair and replace aging infrastructure. We are excited to assist the Company as it embarks on its next chapter of expansion and look forward to partnering with the entire Tectonic team," David Van Geyzel, Good Springs Managing Partner.

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