---
title: Ascension Facilitates a $3.2M Sale Leaseback for The Perfumery
description: Ascension Advisory helped The Perfumery with a $3.2M sale leaseback, allowing the company to optimize operations and pay off debt.
image: https://ascensionadvisory.com/hubfs/The%20Perfumery.webp
---

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# Ascension Facilitates a $3.2M Sale Leaseback for The Perfumery

 Nov 21, 2023

![ A picturesque lavender field with rows of vibrant purple flowers stretching toward a farmhouse in the distance. The scene is set against a backdrop of rolling hills and a soft, pastel-colored sky, creating a serene and scenic landscape. ](https://ascensionadvisory.com/hs-fs/hubfs/The%20Perfumery.webp?width=1000&height=500&name=The%20Perfumery.webp)

**Background:**

Ascension Advisory recently represented KSV Global, the private equity firm that owns The Perfumery, a top supplier of specialty essential oils operating out of its mission-critical headquarters in the Louisville, Kentucky metro area. The company boasts an impressive presence in over 40 countries and a sprawling 33,000+ square foot facility.

**Client Objective:**

In 2019, KSV Global purchased The Perfumery, along with its real estate, and was looking to monetize the property a few years later. They engaged the Ascension team to run a sale leaseback process for the production and headquarters facility. The objective was to use the capital to pay off debts and further optimize operations.

**Solution:**

To achieve the best possible outcome, Ascension conducted a competitive investor outreach process across its handpicked list of private and institutional investors. They aimed to maximize the economic terms while identifying investors who could guarantee swift execution. Multiple rounds of bidding were held before KSV and Ascension settled on a sophisticated private buyer with an excellent track record in industrial real estate.

Thanks to Ascension's strategic guidance, the transaction was efficiently closed within KSV's desired timeline, and all parties were pleased with the results. The Perfumery can now focus on optimizing their operations, and the buyer looks forward to a long and fruitful partnership.

 

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