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Palm Tree Acquires Backbone Capital Advisors To Expand Capital Markets Team

Palm Tree Acquires Backbone Capital Advisors To Expand Capital Markets Team

01/10/23, 2:09 PM
Industry
banking
finance
financial services
consulting
Palm Tree LLC (“Palm Tree”), a modern M&A advisor providing integrated investment banking, strategic finance, and transaction support services to middle market businesses, today announced that it has acquired Backbone Capital Advisors (“Backbone”), a middle market capital advisory firm. The Backbone team is joining Palm Tree’s capital markets group with Britt Terrell as a Managing Director, Head of Capital Markets. Terrell formerly led the debt capital markets effort at The Gores Group and will head up Palm Tree’s Capital Markets practice. He and his team bring more than 40 years of combined experience in middle market corporate finance to Palm Tree.

Company Info

Company
Palm Tree
Company info
Palm Tree is the modern M&A advisor. A hybrid of consulting, accounting advisory, and investment banking, the firm provides clients with comprehensive financial, transactional, and operational solutions. Born out of private equity, Palm Tree navigates the time-sensitive, demanding, and uncompromising rigors of M&A from the perspective of owners and investors, giving clients the advantage of experience and expertise across the full continuum of transactions, transitions, and transformations. Since its inception in 2010, Palm Tree collectively has advised on more than 300 transactions totaling more than $45 billion in value. Securities products and services are offered through Palm Tree Securities LLC, member of FINRA, SIPC.