Grey Wind Capital Partners with Maher Services and F. G. Sullivan to Build a Leading New England Water Well Services Platform

Grey Wind Capital has completed investments in Maher Services and F. G. Sullivan, creating a leading New England water well services platform. Maher Services’ partnership with Grey Wind closed in August 2025, and F. G. Sullivan joined on June 1, 2026, with both firms retaining their names. The company is headquartered in North Reading, Massachusetts, with a second location in Lancaster, expanding service reach across the region. The move consolidates a fragmented market into a more professionalized, scalable offering for utility, commercial, and industrial customers throughout New England. Grey Wind acts as a holding company providing capital and strategic resources for long-term growth.

Co-CEOs Daniel Chase and Laurent Firlotte will lead the combined organization, signaling a unified platform strategy. The acquisitions address a highly fragmented market where customers demand reliability and scale. By bringing Maher Services and F. G. Sullivan together, Grey Wind aims to broaden offerings from drilling and installation to maintenance and repair, while preserving local relationships. Executives described the arrangement as foundational to a broader platform and stressed ongoing investment in people, capabilities, and geographic reach across New England.