Braintree, MA – August 27, 2025 – Helical Drilling, Inc., a leading geotechnical design-build contractor based on the South Shore and proudly serving all of New England, is excited to announce its transition to an employee-owned company through an Employee Stock Ownership Plan (ESOP). Thanks to a strategic partnership with Rockland Trust, this move marks a pivotal moment in Helical Drilling’s journey, supporting long-term stability, ongoing excellence, and a strengthened sense of ownership among its dedicated team.
For decades, Helical Drilling has been led by a seasoned leadership team, many of whom are licensed Professional Engineers with extensive technical expertise. This team has introduced innovative geotechnical technologies across New England and driven key engineering advancements that have become hallmarks of the company. With an average employee tenure of 10 years, Helical’s culture is built on dedication, mutual respect, and collective pride in delivering exceptional work.
"This company was built by hard-working people who show up every day, put in the effort, and take pride in what they do," said Chad Graybill President of Helical Drilling, Inc.
"Becoming employee-owned is our way of saying this is your company too. We’ve always believed in working together. Now we succeed together."
The ESOP establishes a thoughtful succession plan while allowing one of the original owners to stay actively involved and continue leading the company. It also empowers employees beyond traditional benefits, combining 401(k) plans with a meaningful stake in the company’s continued success.
“Helping Helical Drilling complete this ESOP transition is a proud moment for Rockland Trust,” said Phil Murphy, Vice President, Commercial Banking Officer at Rockland Trust. “We are honored to support businesses like Helical Drilling that value innovation, employee longevity, and shared success. Strong relationships are at the core of our approach, and we’re proud to be a trusted partner in their continued growth.”
Founded in 1989 and headquartered in Braintree, Massachusetts, Helical Drilling has built a strong reputation as a leading provider of customized geotechnical construction solutions. Serving clients across New England, the company offers specialized services in ground improvement, deep foundations/piles, earth retention, grouting, and underpinning.
