A South Bay investment firm has expanded into the woods, literally, after acquiring a local campground management company.

Nolan Capital Inc. has purchased Valencia-based Pyramid Enterprises, which has nearly a half-century experience managing 175 campgrounds and 20 recreational lakes in California, Colorado, New Mexico and Washington state. Financial terms of the acquisition were not disclosed.

Rob Weitz, director of acquisitions at Hermosa Beach-based Nolan Capital, said that his firm’s previous acquisition of Ortega National Parks — a similar business which also manages state, county and city parks — paved the way for the Pyramid Enterprises deal.

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