M&A Deal Summary

PotlatchDeltic Acquires CatchMark

On May 31, 2022, PotlatchDeltic acquired real estate company CatchMark

Acquisition Highlights
  • This is PotlatchDeltic’s 1st transaction in the Real Estate sector.
  • This is PotlatchDeltic’s 3rd transaction in the United States.
  • This is PotlatchDeltic’s 1st transaction in Georgia.

M&A Deal Summary

Date 2022-05-31
Target CatchMark
Sector Real Estate
Buyer(s) PotlatchDeltic
Deal Type Add-on Acquisition
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
King & Spalding (Legal)

Target

CatchMark

Atlanta, Georgia, United States
CatchMark focused exclusively on timberland ownership and management and invests in prime timberlands located in the nation’s leading mill markets, seeking to capture the highest value per acre and generate sustainable yields through disciplined management and superior stewardship of its exceptional resources. CatchMark was founded in 2007 and is based in Atlanta, Georgia.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

PotlatchDeltic

Spokane, Washington, United States

Category Company
Sector Real Estate
Employees1,384
Revenue 1.0B USD (2023)
DESCRIPTION

PotlatchDeltic is a Real Estate Investment Trust (REIT) with millions of acres of timberland in Arkansas, Idaho and Minnesota. The company also conducts a land sales and development business and operates wood products manufacturing facilities through its taxable REIT subsidiary. PotlatchDeltic was founded in Spokane, Washington.


DEAL STATS #
Overall 3 of 3
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Georgia) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-22 Loutre Land & Timber

El Dorado, Arkansas, United States

Loutre Land & Timbe is an owns and managed 51,340 acres of highly productive timberlands in southern Arkansas and northern Louisiana. Loutre Land & Timber is based in El Dorado, Arkansas.

Buy -