Arena Investors and Ridge Financial Form New Timberland Joint Venture in the U.S.

Arena Investors and Ridge Financial Group Join Forces

In a significant move in the timberland market, Ridge Financial Group LLC (RFG) has announced a strategic joint venture with Arena Investors, LP. This collaboration aims to acquire, develop, and restore timberland properties across the United States. By combining their strengths, both firms hope to tap into the lucrative market for hardwood timberlands, marking an exciting phase in natural resources investment.

The Joint Venture Explained

This joint venture will allow Arena Investors to expand its investment portfolio in the natural resource sector while leveraging RFG's expertise in timberland management. Arena's proven track record in various sectors, including oil, gas, and renewables, positions this venture for success. RFG's proficiency in commercial timberland management, combined with Arena's investment strategies, will deliver a streamlined approach to sourcing and acquiring high-quality timberland.

The partnership has already announced the completion of its first timber acquisition and is actively pursuing a range of other opportunities. The focus will be primarily on mature hardwood species, appealing to both environmental sustainability and economic viability.

Insight from Leadership

RFG President and CEO Sage Hirschy conveyed enthusiasm about the partnership, emphasizing its potential to engage outdoor enthusiasts and landowners who are passionate about responsible land management. He noted, "This will enable us to bring the opportunity of land ownership to outdoor enthusiasts who share our passion across the United States."

Greg White, Managing Director of Natural Resources at Arena, expressed excitement over what the joint venture can achieve, citing the unique approach to the commercial timber market. He described this collaboration as a significant milestone, anticipating impactful contributions to the timberland sector.

Advisors and Legal Representation

The deal was facilitated with the guidance of Impact Capital Group LLC, which acted as the financial advisor for RFG. Additionally, Jeffer Mangels Butler & Mitchell LLP served as RFG’s legal counsel, while Buchanan Ingersoll & Rooney PC provided legal representation for Arena Investors during the transaction.

About the Partners

Ridge Financial Group LLC specializes in the acquisition and development of timberland properties, generating revenue through timber harvests and subsequent sales of subdivided land for recreational purposes. This business model not only supports cash flows but also promotes recreational land use.

Arena Investors, LP, with over $3.5 billion in assets under management, is an institutional asset manager focusing on creative financial solutions across corporate sectors, real estate, and structured finance. With substantial expertise and a robust operational framework, Arena is poised to tackle complex investment opportunities.

As the partnership takes shape, stakeholders in the timberland market and potential investors are keenly watching developments in what promises to be an influential venture fostering sustainable land practices and economic growth in the U.S. timber industry.