Investment Banking Associate

Investment Banking Associate | Denver, Colorado
The Firm

Our client is a Denver-based middle market investment bank focused exclusively on the engineering and construction industry — one of the most active and fragmented M&A sectors in the lower middle market. The firm advises privately held and PE-backed companies across construction services, building materials, and engineering and environmental services on sell-side and buy-side M&A transactions, ESOP transactions, and strategic advisory mandates.

With deep sector expertise, long-standing industry relationships, and a transaction-focused culture, this is a firm where talented bankers build genuine specialization rather than rotating through industries without going deep.

This is a high-ownership Associate seat with full deal lifecycle exposure from day one — not a back-office support role. You will work directly alongside senior bankers on live transactions, developing deep expertise in E&C M&A and ESOP advisory while building the relationships and skillset that define a long-term advisory career in a specialized, high-demand sector.

• Build and maintain detailed financial models including DCF, comparable company, precedent transaction, and LBO analyses tailored to E&C business dynamics
• Prepare pitch books, confidential information memorandums, management presentations, and other client-facing marketing materials
• Conduct thorough industry and company research across E&C sub-sectors to support valuation and transaction strategy
• Support all phases of deal execution — process management, buyer outreach, due diligence coordination, and delivery of client deliverables
• Collaborate directly with senior bankers to identify and evaluate new business development opportunities in the engineering and construction market
• Develop working knowledge of ESOP transaction structuring, a growing and differentiated capability in the E&C succession planning market

• 2+ years of experience as an Investment Banking Analyst or Associate with live transaction exposure
• Strong academic record (minimum GPA of 3.5)
• Advanced financial modeling and analytical skills across core valuation methodologies
• High proficiency in Microsoft Excel and Power Point
• Strong quantitative, problem-solving, and time-management abilities
• Excellent communicator — able to work effectively with senior bankers, management teams, and counter parties in a fast-paced deal environment
• Based in or willing to relocate to Denver (on-site role)

• Prior exposure to ESOP advisory or transaction structuring
• Knowledge of the engineering and construction sector — contractors, specialty services, building materials, or engineering and environmental services
• Familiarity with LBO modeling and leveraged finance concepts
• Experience with Capital IQ, Pitch Book, or comparable financial data platforms
• Interest in pursuing the CFA or other professional certifications