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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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Selling Your Company to Retire: Complete Guide with Steps 2026

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
Valuation Multiples: A Practical Guide for Business Owners

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

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

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
Advisory Firm Valuation Multiples in Spain [2026]

Asesorías

Advisory Firm Valuation Multiples in Spain [2026]

How to value an accounting, tax or advisory firm in Spain using normalised EBITDA, recurring revenue, transferability and deal structure.

26 May 2026 · 7 minRead
Sell an Advisory Firm: Preparation and Deal Terms [2026]

Asesorías

Sell an Advisory Firm: Preparation and Deal Terms [2026]

How to prepare and sell an advisory firm: normalised EBITDA, transferable clients, due diligence, transaction structures and offer comparison.

26 May 2026 · 8 minRead
Article 21 CIT: dividend and capital-gains exemption [2026]

Tax

Article 21 CIT: dividend and capital-gains exemption [2026]

Current requirements for the Spanish Article 21 CIT exemption on dividends and gains from share disposals: percentage, holding period, limits and calculation.

26 May 2026 · 7 minRead
What is an Earn-Out in M&A: How it Works, Clauses and Examples [2026]

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

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

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

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