Updated:
Lometa Capital Partners
Lometa Capital Partners was founded in 2019 by Neal Jain and Joe Swinbank. Swinbank built The Sprint Companies, a Houston-based industrial services group with...
Lometa Capital Partners
Lometa Capital Partners was founded in 2019 by Neal Jain and Joe Swinbank. Swinbank built The Sprint Companies, a Houston-based industrial services group with over $150 million in annual revenue. The firm manages capital supplied by entrepreneurial families whose wealth originated in construction aggregates, waste services, fintech and related sectors. Lometa pursues buyout and growth investments in business services and niche manufacturing. It deploys flexible equity and structured capital directly into portfolio companies rather than through fund commitments. Confirmed holdings include Applied Business Software, D&S Car Wash Supply, National Gym Supply, Upper Hand, Preferred Mortgage Services and Artistic Pavers. The firm operates across North America with emphasis on Texas and the Gulf Coast region. The investment team numbers four principals plus an advisory committee of former CEOs. Additional offices are not disclosed. Joe Swinbank maintains active oversight of Sprint Landfill and related real-asset holdings in Sugar Land. In 2023 Dave Smith joined the board of D&S Car Wash Supply after leading ASPEQ Heating Group through its sale to SPX Corporation. Lometa's structure ties permanent family capital to operating-company networks. Sprint Companies supply both capital and industrial domain expertise, enabling direct sourcing and post-acquisition support without external fund timelines or LP reporting obligations.
General information
Firm type
Multi Family Office
Year founded
2019
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Sugar Land
Corporate office
77 Sugar Creek Center Blvd, Suite 410, Sugar Land, TX 77478
Principals
Neal Jain
CEO & Partner
Joe Swinbank
Co-founder & Partner
Vince Smith
Partner
Dave Smith
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Lometa Capital Partners?
Neal Jain serves as CEO and Partner with responsibility for all investment activities. Vince Smith and Joe Swinbank sit on the Investment Committee alongside Jain.
How does Lometa Capital Partners source proprietary deal flow?
The firm leverages principals' prior relationships from Sky Island Capital and Insight Equity plus operating networks tied to Sprint Companies and portfolio-company boards.
Does Lometa Capital Partners participate in fund commitments or only direct deals?
Lometa executes direct equity and structured investments into lower-middle-market companies. It does not commit to third-party funds.
What investment stages does Lometa Capital Partners typically target?
The firm targets buyout and growth equity opportunities in lower-middle-market companies.
Where does the underlying wealth come from?
Capital originates from entrepreneurial families whose operating businesses were built in industrial services, construction aggregates, fintech and business-services sectors, led by Joe Swinbank's Sprint Companies.
Does Lometa Capital Partners maintain philanthropic structures?
Joe Swinbank supports the Shirley and Joe Swinbank '75 AgriLife Center at Texas A&M University. No separate family foundation vehicle is disclosed.
What is Lometa Capital Partners' known posture on co-investments alongside external GPs?
Lometa invests directly and does not describe a program of co-investments with external general partners.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: