Gresham House To Acquire Majority Interest In Molpus Woodlands Group
Gresham House, a specialist alternative asset manager, has announced an agreement to acquire a majority interest in Mississippi-based Molpus Woodlands Group, creating one of the world’s largest timberland investment managers with approximately $8 billion of forestry assets under management (AUM). Financial terms were not disclosed, and the transaction remains subject to customary closing conditions, including regulatory approvals.
Gresham House, with $5 billion of forestry AUM, and Molpus Woodlands Group, with $3 billion forestry AUM, will together form the third largest Timberland Investment Manager, globally with operations in the UK, Ireland, U.S., Australia and New Zealand, managing over 2.2 million acres.
Molpus Woodlands Group’s existing leadership team comprising Terrell Winstead, Michael Cooper, George Dahduh, Tyler Rosamond, Chad McElvany, and Ashley Harris will continue to lead operations in the U.S. They will also join the Gresham House global executive management team and investment committees for the enlarged forestry platform alongside members of the Gresham House executive team. The Molpus team will continue in their current role and will maintain day-to-day operations, investment process and client service. The combined business will remain privately owned, aligning employee incentives with client outcomes.
Tony Dalwood, Gresham House CEO comments, “The Molpus Woodlands Group team brings outstanding on-the-ground forestry expertise, a demonstrated track record, and deep client relationships in their local markets, which are a key area of growth for us.”
Gresham House and Molpus Woodlands Group have raised approximately $2.5 billion in timberland mandates since 2020, including more than $1billion in 2025. With global LP investors increasingly recognising natural capital as an asset class, the ability to offer a fully global service aims to set the business apart as the go-to-manager for institutional investors in this space.
A defining strength of both businesses is the specialization in silviculture. Forestry assets are managed through deep, on-the-ground expertise integrated with institutional investment processes and new technology, for example with geographic information systems management (GIS), to maximize forestry income and capital. This approach, rooted in biological growth, land stewardship and long-term value creation, provides a robust platform.
Latest news
Georgia Power Seeking Biomass Plant Bids
Georgia’s Public Service Commission recently voted to allow major utility Georgia Power to solicit bids for a new 50MW biomass-powered power plant. The move is part of a Georgia Power effort to purchase more energy from a variety of sources as the company seeks to retire some of its older power generating facilities. In addition to biomass, the utility is also looking at streams turbine, battery energy storage…
Cousineau Plans Rebuild After May Fire
The owner of Cousineau Forest Products, Randy Cousineau, says the company is rebuilding after a late May fire at its wood processing facility in Henniker, NH. According to Cousineau, the fire caused $500,000 in damages at the plant that produces playground surfacing materials, biomass fuel, chips and bark mulch. The facility has brought in mobile equipment to continue some operations during a rebuild that’s complicated…
Forbes Is Sole Owner Of Brunette
Brunette Machinery Co. Inc. announced that Kirk Forbes has concluded the purchase of shares from his business partners and is now the sole owner of Brunette, which is celebrating more than 75 years in supplying the wood products business…
Enviva Announces Acquisitions
Enviva is expanding its footprint in the south once again through acquisitions—this time with the purchase of Georgia Biomass in Waycross, Ga., which was commissioned in April 2011, with associated export terminal capacity in Savannah, Ga. for $175 million in cash. The Waycross facility has an annual production capacity of 750,000 MTPY. This announcement comes after Enviva purchased the pellet plant in Greenwood, SC…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.