News: Finance

Rockland Trust finances acquisition of Indian Pond Country Club for Palma of Kingston, MA

Kingston, MA Rockland Trust financed the acquisition of Indian Pond Country Club (IPCC), a private championship golf club. The buyer, Bobby Palma is a local native and resident of the South Shore. Details of the financing were not disclosed.

Palma, an established local business owner, owns and runs several full-service dental laboratories across Massachusetts and has been a Rockland Trust customer for more than 20 years. A longtime member of IPCC, he approaches ownership with both a personal connection to the club and a strong, long-term commitment to its members, employees, and the surrounding community.

“IPCC has been a special place for me for many years, not only as a member, but as someone who grew up here in Kingston and cares deeply about this community. Owning the club is both a personal honor and a significant responsibility,” said Palma. 

“My goal is to build on the strong foundation that already exists, support our members and employees, and continue making Indian Pond a place where families, friends, and neighbors can come together for generations to come. I’m grateful to Rockland Trust for their partnership and support in helping make this vision a reality.”

“Rockland Trust is proud to support local business owners who are not only investing in their businesses, but also in the communities they call home,” said Dave Emmons, senior vice president, commercial lending center manager at Rockland Trust. “This acquisition underscores the strength of long-standing relationships and our shared commitment to preserving and elevating the local institutions that bring people together.”

Founded in 2001, IPCC is set among wooded conservation land and the Indian Pond Estates residential community. The private club features an 18-hole, championship caliber golf course spanning 7,000 yards, a 45,000 s/f clubhouse with dining and event spaces, and one of the largest privately owned pools in New England. Beyond golf, the club serves as a social hub, hosting weddings, banquets, and community events throughout the year.

Indian Pond’s experienced management team will continue to oversee daily operations across golf, dining, events, and facilities. Erik Daigle, owner of Bluefish River Tavern in Duxbury, will join the project to lead food and beverage operations. He’ll be joined by local chef Joel Mantel of Plymouth’s East Bay Grille.

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