Lucas Gillespie Joins Watermill Group as Senior Associate
BOSTON, MA – August 11, 2025 – The Watermill Group, a strategy-driven private investment
firm, is pleased to announce the addition of Lucas Gillespie to its team as Senior Associate. Gillespie will be responsible for evaluating opportunities, executing transactions and supporting management teams on strategic and operational initiatives.
“We’re thrilled to welcome Lucas Gillespie to the Watermill Group team,” said Scott Oudheusden, Partner at the Watermill Group. “Lucas’ experience across both investing and operating roles gives him a unique combination of hands-on skills and perspectives that we know will add tremendous value to our firm.”
“I’m thrilled to join Watermill Group, a firm with a market-leading, 45-year history of transforming companies,” said Gillespie. “Watermill Group is a firm known for helping companies harness their untapped potential, and I look forward to collaborating with the team to evaluate investment opportunities, help portfolio companies unlock further value, and take the next step in my career.”
Prior to joining Watermill Group, Gillespie held roles as an MBA Associate at Tuckerman Capital, a lower-middle market private equity firm investing predominantly in niche engineering and manufacturing businesses, as well as Chief of Staff of Hive Technology. He started his career in investment banking at Dowling Hales after earning his B.A. from Bates College. Gillespie received his MBA at the Tuck School of Business at Dartmouth.
About Watermill Group:
The Watermill Group is a strategy-driven private investment firm that helps companies achieve their full potential through strategic transformation. For four decades, Watermill has been acquiring, operating, and improving companies. Watermill looks for businesses in which it can apply a unique combination of strategic insight and management expertise to re-imagine their future and drive growth. Learn more at: www.watermill.com
