Arena Investors, LP Announces Commercial Timberland Joint Venture with Ridge Financial Group | PR Newswire [Video]

, /PRNewswire/ — Ridge Financial Group LLC (“RFG”), a leading firm specializing in the acquisition of large hardwood timberland assets, announced today that it has entered into a definitive agreement with funds managed by Arena Investors, LP (“Arena”), to form a new strategic joint venture (the “JV”) focused on the acquisition, development and restoration of high-quality timberland properties in the United States. The JV is closing its first timber acquisition and is seeking to capitalize on a robust pipeline of proprietary acquisition targets.

This joint venture combines Arena’s proprietary investment approach and successful track record across the natural resource sectors with RFG’s deep expertise in commercial timberland management and unique sourcing capabilities. Arena’s Natural Resources platform originates investments within the oil and natural gas, agriculture, chemicals, metals and mining, power and utilities, renewables and timber industries. The joint venture is actively seeking acquisition opportunities within the timber and resource management sectors with …