Ascension Advisory, a prominent sale leaseback advisory firm, has successfully completed a transaction for VION Biosciences – a life sciences platform founded by private equity firm, Iron Path Capital. This transaction includes the acquisition of Texas-based Ansh Labs, a biotechnology entity known for its immunoassays and diagnostic tools. Alongside this acquisition, a sale leaseback of Ansh Labs’ state-of-the-art laboratory in Webster, Texas was executed. Chelsea Mandel, Founder and Managing Director of Ascension Advisory, praised the transaction for benefiting all parties, including the seller, investor, and the business. This arrangement allows VION, led by CEO Mark Thornton, to reinvest proceeds into business operations, ensuring long-term operational continuity and facilitating further growth. Ascension Advisory supports financial sponsors and business owners in creating corporate real estate strategies and has offices in several key cities globally.
Private Equity, Biotechnology, Corporate Real Estate,United States, Global
https://www.einpresswire.com/article/739543157/ascension-advisory-facilitates-sale-leaseback-of-ansh-labs-facility-alongside-acquisition-by-vion-biosciences?ref=rss&code=TBZPx1kIfwj9TStk