Capittal Research

M&A, valuation and corporate tax insights.

Practical guides, sector analysis and criteria for preparing company acquisitions, sales and valuations.

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Editorial archive connected to sectors, categories and SEO-ready URLs.

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Venta de empresas

Selling Your Company to Retire: Complete Guide with Steps 2026

2026 guide to selling your company and retiring in Spain: valuation, documentation, the personal income tax exemption of up to €240,000 via life annuity, the process step by step and M&A advisor fees.

18 July 2026 · 9 minRead

Archive and latest publications.

11 results.

Valoración

What is EBITDA: Definition, Formula and Practical Example [2026]

EBITDA is earnings before interest, taxes, depreciation and amortisation. Complete guide with formula, practical example, sector margins and EV/EBITDA multiples in Spain.

26 May 2026 · 9 minRead

M&A

Company Acquisition and Sale in Spain: Process, Contract and Legal Keys [2026]

Guide to company acquisitions and sales: difference between share deal and asset deal, what the SPA contract includes, key clauses, mandatory due diligence, and process steps. With examples?

26 May 2026 · 6 minRead

Valoración

Valuation Multiples: A Practical Guide for Business Owners

Learn to value your company using EBITDA, revenue and net profit multiples. Includes sector ranges in Spain and common mistakes to avoid.

26 May 2026 · 4 minRead

M&A

12 Months Before Selling: How to Prepare Your Company to Be Worth More

The year before selling is critical. We explain what concrete actions you can take in the 12 months prior to maximise your company's value and avoid surprises.

26 May 2026 · 5 minRead

M&A

How to Sell My Company: Complete Step-by-Step Guide [2026]

Practical guide to selling your company in Spain. Discover the 7 phases of the sale process, how to prepare, what mistakes to avoid, costs and timelines.

26 May 2026 · 6 minRead

M&A

What is an Earn-Out in M&A: How it Works, Clauses and Examples [2026]

An earn-out is a variable payment in company acquisitions linked to future performance. Discover how it works, key clauses to include, risks for buyers and sellers, and practical examples i?

26 May 2026 · 6 minRead

Tax

Article 21 CIT: Exemption on Dividends and Capital Gains from Shareholdings [2026]

Article 21 of the Corporate Income Tax Law establishes a 95% exemption on dividends and capital gains from qualifying shareholdings. Requirements, limits, legal text and practical examples.

26 May 2026 · 5 minRead

Asesorías

What's Your Advisory Firm Worth? Real Valuation Multiples [2026]

Revenue multiples, EBITDA and SDE: the real valuation ranges for advisory firms in Spain and how to calculate what your practice is worth.

26 May 2026 · 3 minRead

Asesorías

Sell Your Advisory Firm: Guide to Maximise Price [2026]

The difference between a well-executed sale and a poorly prepared one can mean 30-50% in the final price. Here's how to prepare your advisory firm for sale.

26 May 2026 · 4 minRead

Due Diligence

What is Due Diligence: Process, Types and Checklist [2026]

Due diligence is the comprehensive audit conducted before acquiring a company. Complete guide covering types, step-by-step process, costs and checklist.

26 May 2026 · 4 minRead