CatchMark and investor group to buy East Texas timberlands for about $1.39 bln
CatchMark Timber Trust Inc and a consortium of investors that include BTG Pactual Timberland Investment Group, Highland Capital Management, Medley Management Inc and an unnamed Canadian institutional investor have agreed to acquire 1.1 million acres of prime East Texas timberlands. The seller is Campbell Global. The price of the transaction is about $1.39 billion. Raymond James was financial adviser to CatchMark on the deal while Perella Weinberg Partners LP did likewise for Campbell Global and its institutional investors.
15 May 2018•5 mins read
