Project description
A digital service for corporate transactions
Growth, equity and commercial alliances are key for the EU-funded GRECA project, which is developing the first network-as-a-service (NAAS) – a digital business technology approach for delivering democratising mergers and acquisitions (M&A) management. Its aim is to digitalise the financial process. Specifically, the project will strive to boost transparency and efficiency of low-to-mid market corporate transactions (sale of companies or its assets, mergers, consolidations or other capital reorganisations). The project will integrate all stakeholders of the M&A processes in an AI platform. This will advise based on proprietary algorithms that will be able to match investors’ decision-making behaviours with suitable companies.
Objective
GRECA will be the first Network As A Service (NAAS) democratizing M&A management. GRECA stands for GRowth, Equity and Commercial Alliances. It is a disruptive platform solution to make low-to-mid market (between €1M and €100M) corporate transactions, such as sales of companies or its assets, mergers, consolidations or other capital reorganizations more transparent and efficient. Our aim is to integrate all stakeholders of the M&A processes in an Artificial Intelligent platform designed to give advice based on proprietary algorithms that will learn each investor's decision-making process, matching them with suitable companies.
With the current Minimum Viable Product in production environment being tested by early adopters of our technology , we predict to generate by 2023 €8,85M in revenues and €4,24M in profit by having enabled 314 transactions, 145 advisory services and generated 6280 valuation reports. GRECA is a proprietary technology owned by m27 Finance, a company specialized in structured financing as well as internationalization with a regional focus on CEE (Central and Eastern Europe, including Austria, Germany and Switzerland). We count with more than 2,500+ successfully completed projects.
Fields of science
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
1010 Wien
Austria
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.