Tailwind Announces Partnership with Falcon Gases
Tailwind backs newly-formed industrial gas distribution platform.
New York – September 2025 – Tailwind Capital (“Tailwind”), a growth-oriented private equity firm investing in targeted sectors within industrial and technical service companies, today announced a partnership with Falcon Gases (“Falcon” or the “Company”) to build a leading independent distributor in the industrial gas supply market.
The Company is led by long-time industrial gas industry veterans and executives with a history of successfully building small businesses into large scale enterprises. The team’s expertise includes bulk and packaged gas operations, upstream gas contracting, sales growth, transformational mergers, bolt-on acquisitions, and long-term strategic positioning.
According to Pete Jeffe, Falcon CEO, “Falcon’s formula is simple. First, identify and partner with the best regional independents through flexible deal-making. Second, support the independent operators as they continue to run their day-to-day businesses. Third, leverage the Falcon platform to accelerate growth both organically and through acquisitions to achieve regional excellence.”
Falcon believes that shared values, equity alignment, and close working relationships are the foundation for long-term success, measured both financially and reputationally. The Falcon team looks forward to collaborating with owners, their employees, and their customers to pursue new avenues for growth, while maintaining the legacy and “local touch” of their business.
Falcon will work to drive service excellence and density in markets that allow leading operators to leverage their playbook into strategic expansion. Andrew Mayer, a Tailwind Partner, commented, “Tailwind has a successful history of supporting route-based distribution platforms, service first logistics organizations, and executing on efficient capital investment that will sit at the heart of our thesis here. We are thrilled to be supporting the Falcon team to build this Company and very much look forward to the partnership ahead with many talented operators in the space.”
Terms of the investment were not disclosed.
About Falcon Gases
Falcon Gases was founded in 2025 with a vision of building a leading industrial gas distribution platform. Falcon’s strategy is to invest in leading independent distributors, build scale in preferred markets, and focus on operational excellence to drive sustainable value creation. Led by executives with deep experience in industrial gases and business building, Falcon’s complementary skills and collaborative approach make them an ideal partner for independent distributors seeking new avenues for growth.
About Tailwind Capital
Tailwind Capital is a private equity firm with over 20 years of experience and pursues a sector-focused approach to investing in lower middle market Industrial and Technical Service companies in the United States. Tailwind seeks to scale its businesses both through accretive acquisitions and operational investments, including foundational resourcing, professionalizing operations, implementing technology capabilities and investing in talent. Since inception, Tailwind has invested in over 50 portfolio companies and over 250 add-on acquisitions. For more information, please visit www.tailwind.com.