13 technology M&A advisors active in Denver in 2026. Covers SaaS, software, IT services, and AI deals with firm profiles and recent transactions.
Denver's tech sector raised $3.99 billion in 2025. AI and machine learning alone pulled in $1.27 billion.
That deal flow needs advisors who know software buyers. A generalist can't price a SaaS business or run a credible tech process.
Colorado has 638 active SaaS companies as of 2026. Several have reached exit-ready scale in vertical software, fintech, and cybersecurity.
Set up a virtual data room before you approach a tech advisor. Software buyers want clean ARR data and IP docs from the first call.
| Firm | Deal Type | Deal Size | Sector Focus | Website | |
|---|---|---|---|---|---|
| William Blair | William Blair | Both | $50M - $5B+ | Software, SaaS, Tech-Enabled Services | williamblair.com |
| Houlihan Lokey | Houlihan Lokey | Both | $50M - $5B+ | Technology, Software, Digital Infrastructure | hl.com |
| Lincoln International | Lincoln International | Both | $50M - $2B | Technology, Software, Business Services | lincolninternational.com |
| Harris Williams | Harris Williams | Sell-side | $50M - $2B | Technology, Business Services, PE-backed | harriswilliams.com |
| Centennial Peaks Capital | Centennial Peaks Capital | Both | $25M - $500M | Technology, Software/SaaS, Financial Services | centennialpeakscapital.com |
| Forbes M+A Group | Forbes M+A Group | Both | $10M - $150M | IT Services, Business Services, Healthcare IT | forbes-partners.com |
| Class VI Partners | Class VI Partners | Sell-side | $5M - $100M | Technology, Business Services, Consumer | classvipartners.com |
| Transjovan Capital | Transjovan Capital | Both | $20M - $500M | Technology, Fintech, SaaS, Cross-border | transjovancap.com |
| Piper Sandler | Piper Sandler | Both | $50M - $5B+ | Software, FinTech, Healthcare IT, GovTech | pipersandler.com |
| Solganick & Co. | Solganick & Co. | Both | $10M - $500M | IT Services, Cybersecurity, AI, Cloud | solganick.com |
| SDR Ventures | SDR Ventures | Sell-side | $2M - $75M | Tech-Enabled Services, Healthcare, Industrials | sdrventures.com |
| Eight Quarter Advisors | Eight Quarter Advisors | Sell-side | $10M - $100M | Tech-Enabled Services, Engineering, Industrials | eightquarteradvisors.com |
| Rubicon Technology Partners | Rubicon Technology Partners | Buy-side | $30M - $500M | Enterprise Software, Vertical SaaS, PE-backed | rubicontp.com |
How to check a tech advisor's track record
Ask for a deal list filtered to your sub-sector. A SaaS advisor and an IT services advisor reach different buyer pools.
Tech advisors who know Denver can name closed software deals, buyers, and valuations. Vague references to "tech experience" without specifics are a red flag.
Check whether they've run processes with both PE-backed buyers and strategic acquirers. Colorado's software market draws both types actively.
Use Ellty to share your ARR data and customer contracts with shortlisted advisors under NDA. You'll see who opens your files before your first call. Review the full advisors directory before you sign an engagement letter.
Running a tech deal in Denver?
Share deal docs with buyers and track who opens them first.
Start free 14-day trialHow a Denver tech deal runs
Software M&A in Denver runs six to nine months. AI and SaaS deals can close faster when the buyer pool is active.
| Stage | What happens | What you need ready | |
|---|---|---|---|
| Stage 1: Preparation | Stage 1: Preparation | Run QoE, build CIM, shortlist tech advisors | Three years P&L, ARR schedule, cap table |
| Stage 2: Advisor engagement | Stage 2: Advisor engagement | Sign engagement letter, align on buyer list | IP ownership docs, key customer contracts |
| Stage 3: Marketing | Stage 3: Marketing | CIM distributed, NDAs signed, management calls set | Ellty data room live with CIM, ARR, and contracts |
| Stage 4: LOI | Stage 4: LOI | Buyers submit bids, LOIs negotiated, exclusivity signed | Clean churn data, no disputed IP, renewal schedules |
| Stage 5: Due diligence | Stage 5: Due diligence | Buyer reviews financial, technical, and legal records | Full Ellty data room: code IP, HR docs, contracts |
| Stage 6: Close | Stage 6: Close | Purchase agreement signed, escrow, funds transfer | Reps and warranties signed, transition plans ready |
13 technology M&A advisors in Denver
These 13 firms advise on tech M&A in Denver and Colorado. Coverage spans SaaS, software, IT services, AI, and fintech.
1. William Blair
One of the most active tech M&A banks in the US with 957 transactions since 2020.
Recent Deals: Advised SpryPoint on growth investment from Insight Partners (December 2025). Completed 957 M&A transactions totaling $594B+ since December 2020. Active in software, SaaS, and tech-enabled services M&A through 2025-2026.
LinkedIn: William Blair LinkedIn
Sector Focus: Software, SaaS, tech-enabled services, financial technology
Deal Type: Both
Deal Size: $50M - $5B+
Location: Chicago, IL (national coverage including Denver)
Website: williamblair.com
2. Houlihan Lokey
The No. 1 technology M&A advisory team globally with 150+ finance professionals.
Recent Deals: Named No. 1 global M&A advisor with 458 closed deals in 2025. No. 1 technology M&A team globally per LSEG 2025 rankings. Active in software, digital infrastructure, and IT services M&A through 2025-2026.
LinkedIn: Houlihan Lokey LinkedIn
Sector Focus: Technology, software, digital infrastructure, IT services
Deal Type: Both
Deal Size: $50M - $5B+
Location: National (serves Denver market)
Website: hl.com
3. Lincoln International
A global mid-market bank that acquired tech advisory firm TCG to deepen software coverage.
Recent Deals: Advised Peak Rock Capital on sale of Spatial Business Systems to Enverus (August 2025). Closed 430+ total transactions in 2025, up 31% in net income. Active in technology and software M&A through 2025-2026.
LinkedIn: Lincoln International LinkedIn
Sector Focus: Technology, software, business services, PE-backed
Deal Type: Both
Deal Size: $50M - $2B
Location: National (serves Denver market)
Website: lincolninternational.com
4. Harris Williams
A top-tier sell-side bank with dedicated technology and business services practices.
Recent Deals: Active in technology, software, and business services M&A through 2025-2026. Advises PE sponsors and corporate sellers on tech sell-side mandates nationally. Covers software, tech-enabled services, and IT services transactions.
LinkedIn: Harris Williams LinkedIn
Sector Focus: Technology, business services, PE-backed platforms
Deal Type: Sell-side
Deal Size: $50M - $2B
Location: National (serves Denver market)
Website: harriswilliams.com
5. Centennial Peaks Capital
A Denver boutique with $5B+ in cumulative value and deep software sector expertise.
Recent Deals: Advised CFO Fund Services on acquisition by SS&C (2022). Team carries decades of experience in software, SaaS, and data analytics M&A. Active in technology and financial services transactions through 2025-2026.
LinkedIn: Centennial Peaks Capital LinkedIn
Sector Focus: Technology, software/SaaS, data analytics, financial services
Deal Type: Both
Deal Size: $25M - $500M
Location: Denver, CO
Website: centennialpeakscapital.com
Selling a Denver software company?
Track which buyers open your ARR data before you sign an LOI.
Start free 14-day trial6. Forbes M+A Group
A Denver M&A boutique founded in 2004 with a strong IT services and business services record.
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 LinkedIn
Sector Focus: IT services, business services, healthcare IT, industrials
Deal Type: Both
Deal Size: $10M - $150M
Location: Denver, CO and Salt Lake City, UT
Website: forbes-partners.com
7. Class VI Partners
A Denver sell-side firm that works with founders wanting senior-led tech advisory.
Recent Deals: Active in technology, business services, and consumer M&A in Denver through 2025-2026. Focuses on founder-led and PE-backed lower middle market tech companies. Provides exclusive sell-side representation for Colorado software businesses.
LinkedIn: Class VI Partners LinkedIn
Sector Focus: Technology, business services, consumer, SaaS
Deal Type: Sell-side
Deal Size: $5M - $100M
Location: Denver, CO
Website: classvipartners.com
8. Transjovan Capital
A cross-border M&A specialist serving Denver businesses in tech, fintech, and enterprise SaaS.
Recent Deals: Advised on $15B+ in cumulative transactions across four continents. Participated in the Mergermarket M&A Forum Australia 2025. Active in enterprise SaaS, fintech, and technology M&A through 2025-2026.
LinkedIn: Transjovan Capital LinkedIn
Sector Focus: Technology, fintech, enterprise SaaS, EV mobility, cross-border
Deal Type: Both
Deal Size: $20M - $500M
Location: Denver, CO (global offices)
Website: transjovancap.com
9. Piper Sandler
A top investment bank with dedicated software, fintech, and healthcare IT M&A coverage.
Recent Deals: Active in software, fintech, and healthcare IT M&A nationally through 2025-2026. Covers GovTech, security software, and vertical SaaS transactions across the US. Named new managing directors focused on technology M&A in 2026.
LinkedIn: Piper Sandler LinkedIn
Sector Focus: Software, fintech, healthcare IT, GovTech
Deal Type: Both
Deal Size: $50M - $5B+
Location: National (serves Denver market)
Website: pipersandler.com
10. Solganick & Co.
A tech-focused boutique that publishes the most-cited IT services M&A data in the US.
Recent Deals: Published top 20 IT services M&A transactions report for 2025-2026. Active in cybersecurity, AI, cloud, and managed services M&A through 2025-2026. Advises IT services and technology businesses on sell-side and buy-side mandates.
LinkedIn: Solganick & Co. LinkedIn
Sector Focus: IT services, cybersecurity, AI, cloud, managed services
Deal Type: Both
Deal Size: $10M - $500M
Location: National (serves Denver market)
Website: solganick.com
11. SDR Ventures
A Denver investment bank ranked among Axial's Top 50 Industrials advisors in 2026.
Recent Deals: Advised Parks Medical Electronics on acquisition by JLL Partners (January 2026). Advised Xybix on acquisition by Highland Rim Capital (February 2026). Active in tech-enabled services M&A in Colorado through 2025-2026.
LinkedIn: SDR Ventures LinkedIn
Sector Focus: Tech-enabled services, healthcare IT, industrials
Deal Type: Sell-side
Deal Size: $2M - $75M
Location: Denver, CO
Website: sdrventures.com
12. Eight Quarter Advisors
A Denver boutique founded in 2019 advising tech-enabled companies that don't fit a bank mold.
Recent Deals: Advised Innovative Mechanical & Design on acquisition by Legence Corp. (December 2025). Advised The Transtec Group on sale to Terracon Consultants (July 2025). Active in tech-enabled services M&A in Colorado through 2025-2026.
LinkedIn: Eight Quarter Advisors LinkedIn
Sector Focus: Tech-enabled services, engineering, industrials
Deal Type: Sell-side
Deal Size: $10M - $100M
Location: Denver, CO and Boston, MA
Website: eightquarteradvisors.com
13. Rubicon Technology Partners
A Denver-based PE firm that exclusively acquires and grows enterprise software companies.
Recent Deals: Manages over $4B in committed capital across enterprise software platforms. Partners with founders and management teams at vertical SaaS businesses. Active in enterprise software buy-side transactions through 2025-2026.
LinkedIn: Rubicon Technology Partners LinkedIn
Sector Focus: Enterprise software, vertical SaaS, PE-backed platforms
Deal Type: Buy-side
Deal Size: $30M - $500M
Location: Denver, CO
Website: rubicontp.com
Software valuation in Denver M&A
SaaS multiples shifted significantly from 2021 to 2026. The median public SaaS company traded at 3.4x EV/Revenue in early 2026.
Private SaaS M&A multiples fell to 3.1x in early 2026 versus 6.3x in 2021. Your advisor needs to know where your business sits in that range.
AI angle, strong net revenue retention, and vertical focus all push valuations higher. A vague AI claim with no product depth won't move a buyer.
Use Ellty to share your MRR waterfall, churn data, and customer cohorts with buyers. Set permissions so each buyer sees only what their NDA allows. Track who downloads your ARR schedule before your first negotiation call. See the M&A process guide for how valuations work inside a structured process.
AI and the Denver tech deal market
AI companies in Denver raised $1.27 billion in 2025 - 32% of total tech funding. That's a buyer magnet, not just a funding story.
Strategic acquirers announced 21 acquisitions of US public tech companies in 2025. AI capabilities drove most of the premium in those deals.
Your advisor needs relationships with both strategic acquirers and PE buyers targeting AI assets. The buyer sets for AI and vertical SaaS don't always overlap.
Use Ellty to share technical documentation and IP ownership files with qualified buyers. Require email verification before any buyer accesses your core IP docs. Track engagement before you enter any exclusivity period. Compare how other markets work with the Denver M&A advisors overview.
Private equity and Denver software
PE deal activity in Colorado tracks national trends. US M&A deal value hit $4.7 trillion globally in 2025, up 43% year-over-year.
Software M&A took 65% of all tech deal market share in 2025. PE buyers run buy-and-build plays across vertical SaaS, managed services, and fintech.
Your advisor needs direct PE relationships in your vertical. Missing the right buyer in a PE process costs real value at close.
Use Ellty to share investor-ready financials with shortlisted PE funds. Set private equity data room permissions so each fund sees only their NDA scope. Track engagement before your first management call. Review due diligence requirements for PE-backed acquisitions before your process starts.
How Ellty helps you close an M&A deal in Denver
You've shortlisted your Denver tech advisor. Here's how to prep your deal docs.
- 1.Upload ARR data, IP docs, and contractsOrganize files by category. Tech buyers check IP ownership on day one.
- 2.Set access permissions by buyer and NDA statusRequire email before buyers see your margins. Add passwords for IP files.
- 3.Track which buyers review your key filesSee who opens your ARR schedule and how long they spend on it.
Common questions about Denver technology M&A advisors
- Denver's tech sector raised $3.99B in 2025. AI, SaaS, and IT services companies draw PE buyers and strategic acquirers year-round.
- William Blair and Houlihan Lokey lead on larger software deals. Centennial Peaks Capital and Class VI Partners handle Denver-based SaaS exits.
- Private SaaS M&A multiples averaged 3.1x EV/Revenue in early 2026. AI-focused and vertical SaaS businesses command higher premiums.
- Most software M&A deals run six to nine months. AI and vertical SaaS deals with active buyer pools can close faster.
- Before your first advisor meeting. Software buyers expect clean ARR data and IP docs from the very first call.
- Centennial Peaks Capital and Class VI Partners know the local Colorado buyer network. National firms like William Blair reach more PE buyers for larger deals.
