In May 2026, Kingswood sold Lind Marine, a diversified marine services business based in the San Francisco Bay Area, to Tallvine Partners, a Miami-based infrastructure investment firm.
Kingswood acquired Lind Marine in 2022 in partnership with Seneca Partners, and owners Christian and Aaron Lind retained significant ownership. Over the four years of our partnership, Kingswood worked closely with the Lind family and management team as the company took on its first institutional capital, positioning Lind Marine for its next phase of growth.
Lind Marine was founded in 1906 as an oyster shell business, and has grown and evolved over more than a century into a full-service marine operations company, including dredging, marine construction, salvage and demolition, tug and barge services, and environmental remediation.
The investment showcases Kingswood’s versatility in partnering with founders at all stages, in this case a multi-generational founder-family with a longstanding industry presence and deep connection to the local community and to the San Francisco Bay’s maritime and coastal infrastructure ecosystem. Throughout the partnership, Kingswood made investments in the business and recruited additional operational expertise, working side-by-side with the Lind family to execute a shared vision for growth, operational improvement, and long-term value creation.
It’s a strategy that results in founder-led businesses emerging stronger, more resilient, and better positioned for growth while retaining their unique identity, culture, and legacy.