Situation
The company was looking to make a strategic add-on acquisition that included industrial real estate, and the company had completed two prior sale leaseback transactions with AIC Ventures.
AIC Ventures Solution
AIC Ventures and the company agreed to do a sale leaseback transaction for the property being acquired as part of the strategic acquisition. The sale leaseback proceeds were used to help fund the strategic add-on acquisition, and as a result also reduced the overall in-going multiple paid for the business.