Trusted Middle Market Investment Bank, Invested in Your Success
Elitzer Associates has been providing premium investment banking services to clients across a broad range of industries since 1984.
Quiet Execution.
Enduring Outcomes.
Built on experience and defined by integrity, we deliver bespoke, unconflicted advice that empowers clients to make pivotal decisions and unlock enduring value.
100+
Successfully Completed Transactions
2 Billion+
In Aggregate Transaction
Value
FOCUS &
SERVICES
We negotiate transparently and effectively on your behalf — and we only succeed when you do, with our compensation tied directly to completed transactions
At Elitzer Associates, we deliver bulge-bracket expertise with boutique-level attention.
We advise on all aspects of M&A and corporate finance — including IPO readiness and execution strategy. Our clients include public and private companies, private equity firms, and high-net-worth individuals and families.
SELL-SIDE M&A ASSIGNMENTS
As the trusted intermediary, we stand by our clients at every step, from comprehensive buyer identification and outreach to achieving a full price and advantageous deal terms from a buyer who shares the client's values and respects his legacy. While every transaction is unique, most sell-side processes are completed within 6 to 9 months from kickoff to close.
BUY-SIDE M&A ASSIGNMENTS
Our full-scope services include comprehensive target identification and tailored outreach. Some clients have already identified their target and may already have a relationship. In that case, we excel at guiding the process to a successful closing, making the management of the target feel comfortable, resolving potential "show-stoppers" before they become critical, and coordinating due diligence, legal, and accounting workstreams.
CAPITAL RAISING
Private equity – we help companies access private capital to accelerate growth or facilitate ownership transitions, pairing them with the investment partners who have shared values and goals for long-term success.
Public equity – we leverage broad experience in project-managing the IPO process, setting up "beauty contests" where underwriters compete to lead the offering, advising client on selection, and providing unconflicted advice throughout the process.
MANAGEMENT BUYOUT (MBO)
We support owners and management teams in structuring practical, workable deals — with or without ESOPs — tailored to their specific goals and circumstances.
THE TEAM
CHIP ELITZER
PRESIDENT
Email Address
Chip Elitzer has been an investment banker for almost 50 years, with deep experience in corporate finance, mergers & acquisitions, management buy-outs, and IPOs. Most recently the Director of M&A for the Environmental Financial Consulting Group (EFCG) for five years, he has previously been a principal or officer at Sagebrook Partners, Rothschild Inc., and Chase Manhattan Bank. In the venture field, he has raised private equity capital for companies in various industries, including biotechnology, computer peripherals, semiconductors, specialty chemicals, and metal fabrication.
Prior to his investment banking career, Chip was a management consultant to the Ford Foundation, and the developer of a consumers' and producers' cooperative in the Amazon jungle (Brazil). He holds an M.P.A. (1974) from Princeton University and a B.A. (1969) from Dartmouth College. He also studied philosophy, politics, and economics at Oxford University on a Reynolds Fellowship.
Chip has just completed a 20-year term as Treasurer of the Williamstown Theatre Festival and previously served as Treasurer of the Berkshire South Regional Community Center and founder/director of the Berkshire Hills Technology Fund.
He and his wife, Cindy, live in Great Barrington, MA, and Sarasota, FL, and visit their three sons and four grandchildren in Tucson and Los Angeles as often as possible.
BATUHAN ALPEN
PRINCIPAL
Email Address
Batuhan Alpen is a Principal at Elitzer Associates. He has spent the majority of his career advising public and private companies, as well as financial sponsors, on mergers and acquisitions, capital raising, and strategic transactions across the Architecture, Engineering & Construction (AEC), Industrials, and Transportation sectors.
Prior to joining Elitzer Associates, Batu served as Vice President of M&A at the Environmental Financial Consulting Group (EFCG), an advisory firm focused exclusively on the AEC industry. Over five years at EFCG, he worked closely with Chip Elitzer and played a key role in completing more than twenty successful M&A transactions.
Earlier in his career, Batuhan was part of AXIA Ventures Group’s New York team, a European investment bank specializing in M&A, restructuring, and capital raising across both private and public markets. His time there was largely dedicated to advising clients in the industrials and transportation sectors.
Batuhan holds a Bachelor of Science in Economics and International Economics from the University of Nottingham (2014). Outside of work, Batu and his wife Serra are dedicated volunteers supporting the welfare of stray animals in Türkiye. After over a decade in New York City, they now live in Belgium, with their beloved dog, Margo.
SELECT
TRANSACTIONS
Represents select deal experience while Mr. Elitzer and Mr. Alpen were with Environmental Financial Consulting Group (EFCG). Deal experience is for illustrative purposes only.
CONTACT US
Your Vision. Our Mission. Shared Success.
Whether you're preparing for a transaction or seeking growth capital, we help you navigate complexity and unlock the full value of your business.
Address
39 Alford Road
Great Barrington, MA
01230
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