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. Read more…