Good Springs Capital, a private investment firm that partners with founders, families, and entrepreneurial management teams in the industrial and services sectors, announced that entities managed by the firm have completed an investment in Falasca Mechanical, a leading regional provider of HVAC and plumbing services based in Vineland, New Jersey.
Founded in 1998, Falasca Mechanical specializes in heating, ventilation, air conditioning, and plumbing solutions for commercial and institutional clients across education, healthcare, and industrial sectors. The company has established a strong reputation for delivering time-sensitive retrofits, installations, and repair services across southern New Jersey and southeastern Pennsylvania.
The partnership between Good Springs and Falasca Mechanical marks a key milestone in the company’s growth and long-term succession strategy. Falasca Mechanical’s leadership team, including President Dan Falasca and Vice President Danny Falasca, will continue to oversee day-to-day operations while leveraging Good Springs’ experience in scaling family-owned industrial businesses.
Good Springs’ investment will help accelerate Falasca Mechanical’s internal growth initiatives, enhance operational capabilities, and support potential strategic add-on acquisitions to broaden its service offerings and market reach.
Support: Valufinder Group served as the buy-side intermediary, and Ballard Spahr served as legal counsel to Good Springs. Hyland Levin Shapiro LLP acted as legal counsel to Falasca Mechanical.
KEY QUOTES:
“The Falasca family, supported by a highly talented union workforce, has built an exceptional company with a well-earned reputation for solid execution and outstanding customer service. We are proud to partner with Dan and Danny Falasca and, together with them, look forward to building on the company’s already impressive track record.”
David Van Geyzel, Managing Partner, Good Springs Capital
“I would like to thank all of our employees for their dedication and hard work in helping build this company over the years. I am excited about the opportunities that will arise from our new partnership with Good Springs and am particularly happy that we have found a firm that shares the same values that have driven us since my father started in the business decades ago: integrity, efficiency, and an unwavering commitment to top-rate standards of service.”
Dan Falasca, President, Falasca Mechanical
“The investment by Good Springs is an important milestone in our company history that will help facilitate an eventual 3rd generation transition. We are eager to partner with the team at Good Springs, a firm with deep experience assisting owner-operators in further scaling family businesses like ours.”
Danny Falasca, Vice President, Falasca Mechanical
“As with Good Springs’ other transactions, Falasca Mechanical’s senior team, headed by Dan and Danny, will continue to lead the company and day-to-day operations will not be impacted by our investment. In addition, with the backing of Good Springs, we believe the company’s growth has the potential to accelerate through ongoing internal initiatives and the pursuit of strategic add-on acquisitions.”
Udi Toledano, Managing Partner, Good Springs Capital
Valufinder Group, Inc. served as buyside intermediary for Good Springs, with Ballard Spahr LLP providing legal counsel. Hyland Levin Shapiro LLP acted as legal counsel to Falasca Mechanical.
The investment reflects Good Springs’ continued focus on long-term partnerships with family-led businesses, supporting sustainable growth and multi-generational transitions in key industrial and services markets.
