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Kingswood Capital Management Completes Investment In Lind Marine, Providing Growth Capital For Further Expansion

Feb 10, 2022•over 3 years ago
Los Angeles

Description

Kingswood Capital Management, LP (together with its affiliates, "Kingswood") announced today that it has completed an investment in Lind Marine (the "Company"), an industry-leading, diversified marine services business headquartered north of the San Francisco Bay, together with its affiliated equipment company and boat manufacturing business, Moose Boats.

Company Information

Company

Lind Marine

Location

Los Angeles, California, United States

About

Lind Marine provides dredging, barge and tug services throughout the San Francisco Bay and Delta, and the Sacramento and San Joaquin Rivers. The company specializes in handling and moving bulk materials for the construction and agricultural industries, dredging projects of any size and marine environmental remediation. Starting with a single barge and tugboat in 1906, the Company has grown to become a full-service dredging, barge and tug company, with more than forty vessels. The Company also operates Moose Boats, a manufacturer of high-quality aluminum catamarans and mono hulls serving law enforcement, firefighting, the private sector, and the military as a GSA contractor.