When looking at an M&A acquisition that includes real estate, you may be able to use the real estate to finance part or all of the M&A acquisition through a sale and leaseback of the real estate. Real estate is typically undervalued in M&A deals, by signing a long term lease and selling the real estate off to a passive real estate investor a sale and leaseback of the real estate can create a significant value arbitrage If you are under LOI, Contract etc and want to understand this strategy some more please feel free to direct message me. Happy to Discuss and good luck searching!