14 M&A advisors active in Denver in 2026. Covers energy, aerospace, industrials, and middle market deals with firm profiles and recent transactions.
Denver is Colorado's M&A hub. Energy, aerospace, and industrials all draw steady deal flow here.
PE-backed platforms and strategic buyers compete for quality assets across the Front Range. Colorado's mix of legacy energy and growing cleantech creates a diverse deal pipeline.
Denver startups raised $3.99 billion in 2025. Energy and cleantech alone attracted $956 million.
Set up a virtual data room before your first advisor meeting. Denver buyers expect organized financials from day one.
| Firm | Deal Type | Deal Size | Sector Focus | Website | |
|---|---|---|---|---|---|
| SDR Ventures | SDR Ventures | Sell-side | $2M - $75M | Industrials, Healthcare, Business Services | sdrventures.com |
| Petrie Partners | Petrie Partners | Both | $100M - $100B+ | Upstream Energy, Oil & Gas, Capital Markets | petrie.com |
| Flatirons Capital Advisors | Flatirons Capital Advisors | Sell-side | $5M - $100M | Home Services, Automotive, Consumer, Industrials | flatironscap.com |
| Forbes M+A Group | Forbes M+A Group | Both | $10M - $150M | Business Services, IT Services, Healthcare, Industrials | forbes-partners.com |
| Eight Quarter Advisors | Eight Quarter Advisors | Sell-side | $10M - $100M | Engineering, Industrials, Business Services | eightquarteradvisors.com |
| PCE Companies | PCE Companies | Both | $10M - $500M | Industrials, Diversified, ESOP Advisory | pcecompanies.com |
| William & Wall | William & Wall | Sell-side | $5M - $200M | Energy, Technology, Business Services | williamandwall.com |
| Goldblum Lentz & Co. | Goldblum Lentz & Co. | Both | $10M - $200M | Middle Market, PE-backed, Emerging Growth | goldblumlentz.com |
| Transjovan Capital | Transjovan Capital | Both | $20M - $500M | Industrials, Energy, Technology, Cross-border | transjovancap.com |
| Centennial Peaks Capital | Centennial Peaks Capital | Both | $25M - $500M | Technology, Financial Services, Industrials | centennialpeakscapital.com |
| Class VI Partners | Class VI Partners | Sell-side | $5M - $100M | Business Services, Technology, Consumer | classvipartners.com |
| Houlihan Lokey | Houlihan Lokey | Both | $50M - $5B+ | Energy, Industrials, Business Services, PE-backed | hl.com |
| Lincoln International | Lincoln International | Both | $50M - $2B | Business Services, Technology, PE-backed Platforms | lincolninternational.com |
| Harris Williams | Harris Williams | Sell-side | $50M - $2B | Industrials, Energy, Business Services, PE-backed | harriswilliams.com |
How to verify an advisor's track record
Ask for a named deal list filtered to your sector. An energy specialist and an industrials advisor work with different buyer pools.
Denver advisors who know this market can name buyers, close dates, and deal values. Vague deal counts without specifics are a warning sign.
Check whether the advisor has closed deals with both PE-backed platforms and strategic buyers. Colorado's market has active buyers on both sides.
Use Ellty to share your financials with shortlisted advisors under NDA. You'll see who opens your files before your first call. Compare options with the full advisors list before you sign an engagement letter.
What a Denver deal looks like: 6 stages
Denver M&A deals run six to ten months. Energy deals with regulatory review can take longer.
| Stage | What happens | What you need ready | |
|---|---|---|---|
| Stage 1: Preparation | Stage 1: Preparation | Run QoE, draft CIM, shortlist advisors | Three years P&L, customer contracts, cap table |
| Stage 2: Advisor engagement | Stage 2: Advisor engagement | Sign engagement letter, agree on buyer list | Cap table, IP docs, key supplier contracts |
| Stage 3: Marketing | Stage 3: Marketing | CIM distributed, NDAs signed, management calls set | Ellty data room live with CIM, financials, and contracts |
| Stage 4: LOI | Stage 4: LOI | Buyers submit bids, LOIs negotiated, exclusivity signed | Clean P&L, no disputed IP, current customer agreements |
| Stage 5: Due diligence | Stage 5: Due diligence | Buyer reviews financial, legal, and operational records | Full Ellty data room with leases, contracts, HR docs |
| Stage 6: Close | Stage 6: Close | Purchase agreement signed, escrow, funds transfer | Reps and warranties signed, transition plans complete |
14 M&A advisors in Denver
These 14 firms advise on M&A in Denver and Colorado. Coverage spans energy, industrials, aerospace, technology, and business services.
1. SDR Ventures
A Denver investment bank ranked #22 on Axial's 2026 Top 50 Industrials advisors.
Recent Deals: Advised Parks Medical Electronics on acquisition by JLL Partners (January 2026). Advised Xybix on acquisition by Highland Rim Capital (February 2026). Advised JK Concepts on acquisition by JEB Capital Partners (October 2025).
LinkedIn: SDR Ventures on LinkedIn
Sector Focus: Industrials, healthcare, business services
Deal Type: Sell-side
Deal Size: $2M - $75M
Location: Denver, CO
Website: sdrventures.com
2. Petrie Partners
The leading upstream energy M&A bank in the US with $350B+ in completed transactions.
Recent Deals: Advised Civitas Resources on an all-stock merger valued at $12.8B (2026). Advised California Resources on a $717M all-stock merger (2025). Advised Pioneer Natural Resources on its $59.5B sale to ExxonMobil.
LinkedIn: Petrie Partners on LinkedIn
Sector Focus: Upstream energy, oil & gas, capital markets
Deal Type: Both
Deal Size: $100M - $100B+
Location: Denver, CO
Website: petrie.com
3. Flatirons Capital Advisors
A Denver lower middle market bank with 31+ closed deals and 100% senior-led execution.
Recent Deals: Advised Denver Plumber and HVAC on sale to Prime Home Services Group (June 2025). Advised 5th Gear Auto on acquisition by O2 Investments (December 2025). Completed 8 M&A transactions in the Denver market.
LinkedIn: Flatirons Capital Advisors on LinkedIn
Sector Focus: Home services, automotive, consumer, industrials
Deal Type: Sell-side
Deal Size: $5M - $100M
Location: Denver, CO
Website: flatironscap.com
4. Forbes M+A Group
An award-winning Denver M&A boutique founded in 2004 with 30+ closed deals.
Recent Deals: Advised Glass Box Technology on exclusive sell-side advisory (June 2025). Advised Mock Plumbing & Mechanical on a general advisory deal (2026). Active in IT services and business services M&A through 2025-2026.
LinkedIn: Forbes M+A Group on LinkedIn
Sector Focus: Business services, IT services, healthcare, industrials
Deal Type: Both
Deal Size: $10M - $150M
Location: Denver, CO and Salt Lake City, UT
Website: forbes-partners.com
5. Eight Quarter Advisors
A Denver boutique founded in 2019 advising companies that don't fit a traditional bank profile.
Recent Deals: Advised Innovative Mechanical & Design on acquisition by Legence Corp. (December 2025). Advised The Transtec Group on sale to Terracon Consultants (July 2025). Advised Ozark Steel Fabricators on acquisition by Dakota Holdings.
LinkedIn: Eight Quarter Advisors on LinkedIn
Sector Focus: Engineering, industrials, business services
Deal Type: Sell-side
Deal Size: $10M - $100M
Location: Denver, CO and Boston, MA
Website: eightquarteradvisors.com
6. PCE Companies
A national M&A and ESOP advisor with $15B+ in closed transactions and a Denver office.
Recent Deals: Active in industrials and diversified M&A through 2025-2026. Denver office covers M&A and ESOP advisory for Colorado and Rocky Mountain businesses. Team carries 25+ years of M&A and employee ownership experience.
LinkedIn: PCE Companies on LinkedIn
Sector Focus: Industrials, diversified, ESOP advisory
Deal Type: Both
Deal Size: $10M - $500M
Location: Denver, CO (national)
Website: pcecompanies.com
7. William & Wall
A boutique bank with $30B+ in Wall Street transaction expertise serving the Rocky Mountain corridor.
Recent Deals: Active in energy, technology, and business services M&A in Colorado through 2025-2026. Q3 2025 Colorado data shows energy and mining deals led disclosed deal value. Technology buyers represented 15% of Colorado transactions by volume in Q3 2025.
LinkedIn: William & Wall on LinkedIn
Sector Focus: Energy, technology, business services
Deal Type: Sell-side
Deal Size: $5M - $200M
Location: Serves Denver and Rocky Mountain corridor
Website: williamandwall.com
8. Goldblum Lentz & Co.
A Denver boutique founded in 1990 with 20+ closed deals totaling $350M+ in enterprise value.
Recent Deals: Active in middle market and PE-backed M&A transactions in Colorado through 2025-2026. Focuses on leveraged buyouts, recapitalizations, and growth capital financings. Covers privately funded transactions and corporate acquisitions for Colorado businesses.
LinkedIn: Goldblum Lentz & Co. on LinkedIn
Sector Focus: Middle market, PE-backed, emerging growth companies
Deal Type: Both
Deal Size: $10M - $200M
Location: Denver, CO
Website: goldblumlentz.com
9. Transjovan Capital
A cross-border M&A specialist serving Denver industrials, energy, and technology businesses.
Recent Deals: Advises Denver businesses in M&A and integration planning with 15+ years of experience. Team carries 21+ years in M&A and private equity. Advised on $15B+ in cumulative transactions across four continents.
LinkedIn: Transjovan Capital on LinkedIn
Sector Focus: Industrials, energy, technology, cross-border
Deal Type: Both
Deal Size: $20M - $500M
Location: Denver, CO (global offices)
Website: transjovancap.com
10. Centennial Peaks Capital
A Denver boutique with $5B+ in cumulative transaction value and decades of deal experience.
Recent Deals: Advised CFO Fund Services on acquisition by SS&C. Active in technology and financial services M&A through 2025-2026. Team carries decades of experience in complex cross-sector transactions.
LinkedIn: Centennial Peaks Capital on LinkedIn
Sector Focus: Technology, financial services, industrials
Deal Type: Both
Deal Size: $25M - $500M
Location: Denver, CO
Website: centennialpeakscapital.com
11. Class VI Partners
A Denver sell-side firm working with founders who want hands-on, senior-led advisory.
Recent Deals: Active in business services, technology, and consumer M&A in the Denver metro through 2025-2026. Focuses on founder-led and PE-backed lower middle market businesses. Provides exclusive sell-side representation for Colorado companies.
LinkedIn: Class VI Partners on LinkedIn
Sector Focus: Business services, technology, consumer
Deal Type: Sell-side
Deal Size: $5M - $100M
Location: Denver, CO
Website: classvipartners.com
12. Houlihan Lokey
The No. 1 global M&A advisor by deal count in 2025, with strong energy and industrials coverage.
Recent Deals: Named No. 1 global M&A advisor with 458 closed deals in 2025. Active in energy, industrials, and business services M&A nationally through 2025-2026. Advises PE sponsors and corporate sellers in the Rockies and nationally.
LinkedIn: Houlihan Lokey on LinkedIn
Sector Focus: Energy, industrials, business services, PE-backed platforms
Deal Type: Both
Deal Size: $50M - $5B+
Location: National (serves Denver market)
Website: hl.com
13. Lincoln International
A global mid-market bank with 430+ transactions in 2025 and broad sector coverage.
Recent Deals: Closed 430+ transactions in 2025, up 31% in net income year-over-year. Active in business services and technology M&A through 2025-2026. Acquired MarshBerry in Q4 2025 to expand advisory reach.
LinkedIn: Lincoln International on LinkedIn
Sector Focus: Business services, technology, financial services, PE-backed platforms
Deal Type: Both
Deal Size: $50M - $2B
Location: National (serves Denver market)
Website: lincolninternational.com
14. Harris Williams
A top-tier sell-side bank with dedicated industrials and energy services practices.
Recent Deals: Active in industrials, energy services, and business services M&A through 2025-2026. Closed transactions across industrials, specialty services, and PE-backed platforms. Advises PE firms and corporate sellers on sell-side mandates nationally.
LinkedIn: Harris Williams on LinkedIn
Sector Focus: Industrials, energy, business services, PE-backed
Deal Type: Sell-side
Deal Size: $50M - $2B
Location: National (serves Denver market)
Website: harriswilliams.com
Energy M&A in Colorado
Colorado's energy sector creates steady M&A deal flow. Global energy M&A deal value rose 27% in 2025, and Denver sits at the center of US upstream activity.
Petrie Partners alone advised on the $59.5B Pioneer-ExxonMobil deal and a $12.8B Civitas merger. The city's upstream oil and gas market draws the biggest names in energy banking.
Cleantech is the next wave. Denver companies are adding renewable assets, creating new divestitures and acquisitions across the energy transition.
Use Ellty to share reserve reports, land agreements, and financial models in a secure data room. Set permissions so each buyer sees only what their NDA covers. Track who reviews your files before you sign exclusivity. Check the Charlotte M&A advisors list for how other markets handle energy-adjacent deals.
Industrials and aerospace M&A in Denver
Denver's aerospace sector secured $285 million in funding in 2025. Lockheed Martin and Raytheon both have major Colorado operations that anchor the supply chain.
PE-backed roll-ups target engineering services, defense contractors, and industrial services firms across the Front Range. Eight Quarter Advisors and SDR Ventures both specialize here.
Your advisor needs current relationships with PE consolidators and strategic buyers in aerospace and defense. A generalist often can't access these buyer pools.
Use Ellty to organize contracts, technical drawings, and compliance records. Share trackable links with buyers so you see who reviews sensitive documents. Require email verification before any buyer accesses government contract files. Read the M&A process guide for how industrial deals are typically structured.
Private equity and the Denver market
PE deal activity in Denver tracks national trends. US M&A deal value hit $4.7 trillion globally in 2025, up 43% from the year before.
Colorado's mix of energy, aerospace, tech, and industrials makes it attractive to PE buyers across multiple strategies. Platforms actively add companies across the Front Range.
Your advisor needs direct relationships with the PE firms doing deals in your sector. Missing the right buyer in a PE process costs real value.
Use Ellty to share investor-ready financials and cap tables with shortlisted PE buyers. Set private equity permissions so each fund sees only what their NDA covers. Track document engagement before your first management call. See how other markets work with the Miami M&A advisors list.
How Ellty helps you close an M&A deal in Denver
You've shortlisted your Denver advisor. Here's how to prep your deal docs for buyers.
- 1.Upload contracts, financials, and compliance docsOrganize files by category. Denver buyers check compliance on day one.
- 2.Set access permissions by buyer and NDA statusRequire email before buyers see your margins. Add passwords for sensitive files.
- 3.Track which buyers review your key filesSee who opens your files and how long they spend. Serious buyers check numbers early.
Common questions about Denver M&A advisors
- Denver's energy, aerospace, and industrials sectors create steady deal flow. PE-backed platforms and strategic buyers compete actively for Colorado companies year-round.
- Petrie Partners is the leading US upstream energy bank with $350B+ in closed transactions. SDR Ventures and Eight Quarter Advisors handle lower middle market energy deals.
- Industrials and business services trade at 6x to 10x EBITDA. Energy assets vary widely by reserve type and production profile.
- Most middle market deals run six to ten months. Energy deals with regulatory review can stretch to twelve months or more.
- Before your first advisor meeting. Organized financials signal buyer readiness. Denver buyers move fast on well-prepared sellers.
- SDR Ventures and Flatirons Capital know the local Colorado buyer network. For larger deals, national firms like Houlihan Lokey reach more PE buyers.
