Resources
A Starting Point for Transaction, Capital, and Market Decisions
Palmstone Capital publishes practical resources for founders, shareholders, management teams, buyers, sponsors, family offices, and boards evaluating M&A, acquisitions, financing, recapitalization, and strategic alternatives.
Browse M&A GuidesUse the Library Based on the Decision in Front of You
A founder preparing for buyer conversations needs different context than a corporate acquirer mapping targets, a board weighing strategic alternatives, or a management team comparing capital providers. The resource hub is organized around those real decision points.
If you are considering a sale, start with the sell-side advisory and preparation guides before reviewing valuation, diligence, working capital, and offer structure. Those topics help shareholders understand what buyers will test and what should be addressed before a process becomes public to counterparties.
If you are looking to acquire, the relevant path starts with acquisition strategy, target universe definition, approach strategy, and diligence planning. A buyer should know why a market is attractive, which targets fit the thesis, what owners may care about, and how valuation and financing will be supported.
If the question is capital structure rather than ownership transfer, compare capital raising and debt financing resources alongside guides on minority recapitalizations, acquisition financing, private credit, direct lending, and shareholder liquidity. Sector-specific questions can then be compared through the sector guides before a company, buyer, or capital provider narrows the discussion to a particular market.
Sell-side advisory
Preparing for a Sale
Guides for founders and shareholders assessing readiness, valuation, buyer appetite, diligence, and the practical steps before launching a confidential process.
Start hereBuy-side advisory
Planning an Acquisition
Resources for strategic acquirers, sponsors, family offices, and acquisition vehicles defining a thesis, mapping targets, and approaching owners with credibility.
Start hereCapital advisory
Evaluating Capital Options
Perspectives on growth capital, minority recapitalizations, private placements, structured capital, acquisition financing, refinancing, and lender alternatives.
Start hereCore concepts
Guides to Read Before a Live Process
A transaction can move quickly once a buyer, lender, investor, or board process is active. These concepts help readers understand the terms and pressure points that usually affect preparation, negotiation, and closing.
Owners preparing for a sale should understand the M&A sale process, EBITDA, M&A multiples, and working capital before valuation expectations are discussed with buyers.
Shareholders selecting advisers should compare M&A advisor fees with the practical work required to prepare a data room, deliver a credible management presentation, and negotiate risk allocation through tools such as representation and warranty insurance.
Buyers and capital providers should read educational guides alongside service pages. A concept such as acquisition financing, minority recapitalization, growth capital, or direct lending only becomes useful when it is connected to the company's cash flow, ownership objectives, diligence findings, and the counterparties most likely to support the desired outcome.
Browse by Transaction Question
The most useful resource is usually the one closest to the decision being made. These sections connect educational guides to practical advisory pages so a reader can move from concept to execution context without starting over.
Transaction Guides
Practical explainers on process design, advisor selection, valuation, diligence, buyer outreach, letters of intent, working capital, earnouts, and closing mechanics.
Buyer and Acquisition Resources
Guidance for acquirers assessing market maps, target screening, owner approach strategy, valuation discipline, diligence scope, financing certainty, and execution risk.
Capital and Debt Resources
Materials for management teams and shareholders comparing growth equity, private equity, structured capital, senior debt, direct lending, unitranche, and recapitalization alternatives.
Sectors and Markets
Sector and location guides for owners and acquirers who need to understand buyer universe, capital availability, local diligence issues, and cross-border relevance.
Featured guides
Practical Reading Before a Live Discussion
These guides address situations where the next decision can materially affect value, leverage, control, confidentiality, or closing certainty. They are written for readers who want to ask better questions before committing to a path.
Sale Preparation
How to Sell My Business: A Practical Guide for Owners
A practical guide for owners asking how to sell my business, including timing, valuation, preparation, buyer selection, confidentiality, diligence, negotiation, and closing.
Buyer Landscape
Selling Your Business to Private Equity
What owners should understand before selling a business to private equity, including platform and add-on logic, rollover equity, diligence, governance, incentives, and deal structure.
Advisor Selection
How to Choose an M&A Advisor
A due diligence checklist for owners selecting an M&A advisor, including team seniority, buyer access, preparation standards, confidentiality, and incentives.
Sale Preparation
How to Respond to an Unsolicited Acquisition Offer
A founder and shareholder guide to handling inbound buyer interest without losing leverage, confidentiality, or strategic options.
Valuation & Deal Economics
Company Valuation in M&A: What Owners and Buyers Should Understand
A practical guide to company valuation in M&A, including enterprise value, equity value, EBITDA, cash flow, buyer type, diligence, and transaction structure.
Buyer Landscape
Strategic Buyer vs. Private Equity Buyer
How strategic acquirers and private equity buyers differ on valuation, diligence, structure, timing, management expectations, and post-closing ownership.
Financing & Recapitalizations
Minority Recapitalization Explained
How minority recapitalizations work, when they fit, and what founders should negotiate before accepting minority capital.
Market perspectives
Research for Market Context
Resource pages explain mechanics. Market perspectives help readers understand the environment around those mechanics: capital availability, buyer behavior, cross-border execution, sector valuations, and financing conditions.
Company Valuation in 2026
How owners should defend value through EBITDA quality, buyer universe, financing capacity, diligence preparation, and transaction structure.
Read perspectiveSelling a Business to Private Equity in 2026
How owners should evaluate sponsor buyers across valuation, rollover equity, financing certainty, governance, diligence, and future exit risk.
Read perspectiveCapital Raising and Growth Capital 2026
How companies should compare growth equity, private placements, structured capital, dilution, governance, and financing flexibility.
Read perspectiveAcquisition Financing and Private Credit
Debt capacity, private credit, lender diligence, and financing certainty in acquisition and recapitalization decisions.
Read perspectiveEuropean M&A Market Outlook
Market conditions, financing discipline, buyer appetite, and cross-border execution issues affecting European transactions.
Read perspectivePrivate Credit in the Middle Market
How private credit, direct lending, and structured financing affect borrowers, sponsors, and acquisition platforms.
Read perspectiveFamily Office Investment Trends
Capital allocation, direct investment appetite, and family office relevance for founders, sponsors, and acquisition vehicles.
Read perspectiveCross-Border Transactions
Execution considerations for international buyers, sellers, boards, and capital providers where approvals, information flow, and closing certainty matter.
Read perspectiveTechnology Sector Valuations
How recurring revenue, profitability, AI exposure, retention, and growth quality affect technology M&A and capital conversations.
Read perspectiveWhen a Guide Is Not Enough
Public resources can frame the issues, but they cannot answer the specific questions that determine a transaction: how a buyer will view your customer concentration, whether debt capacity supports an acquisition plan, how a minority investor may structure governance, or how cross-border buyers may assess diligence risk.
A guide also cannot tell a board whether the company is ready to approach counterparties, whether a financing structure is too restrictive, whether a shareholder liquidity objective is better served by a sale or recapitalization, or whether diligence findings should change price, structure, timing, or the decision to proceed.
If the decision is live, use the resources to prepare and then speak with an advisor about the facts of the business, the shareholder objectives, the buyer universe, and the capital options available in the current market.