AI M&A Advisory
MergeWave Capital advises AI companies, founders, and investors on transactions where technical depth and commercial outcomes are tightly linked.
BUY & SELL ADVISORY
What Is AI M&A Advisory
Specialized transaction support for companies where AI is the product — not just the tool.
Buy-Side Advisory
Buy-Side Advisory
Buy-Side Advisory
We help strategic buyers and investors identify, evaluate, and acquire AI businesses — with rigorous technical and commercial diligence to separate genuine AI value from integration-layer positioning.
Sell-Side Advisory
We position AI companies for the right acquirers — building a narrative grounded in model ownership, data assets, and defensible differentiation that drives premium valuations.
Our Cases
Selected transactions. Solid results.
Artkai Acquisition
Mergewave Capital acted as the exclusive sell-side advisor to Artkai in its strategic transaction with Euvic Group, one of Poland’s largest IT ecosystems. The deal secured a majority acquisition at top-of-market EBITDA multiples, despite the wartime recession.
Artkai Acquisition
Mergewave Capital acted as the exclusive sell-side advisor to Artkai in its strategic transaction with Euvic Group, one of Poland’s largest IT ecosystems. The deal secured a majority acquisition at top-of-market EBITDA multiples, despite the wartime recession.
Mergewave Capital acted as the exclusive sell-side advisor to Artkai in its strategic transaction with Euvic Group, one of Poland’s largest IT ecosystems. The deal secured a majority acquisition at top-of-market EBITDA multiples, despite the wartime recession.
Diya Acquisition
Mergewave Capital acted as sell-side advisor for the acquisition of a 51% stake in Ukrainian IT infrastructure company Diya by Polish IT giant Euvic Group.
Diya Acquisition
Mergewave Capital acted as sell-side advisor for the acquisition of a 51% stake in Ukrainian IT infrastructure company Diya by Polish IT giant Euvic Group.
Mergewave Capital acted as sell-side advisor for the acquisition of a 51% stake in Ukrainian IT infrastructure company Diya by Polish IT giant Euvic Group.
SERVICES
What We Do
01
Sell-Side M&A Advisory
We position AI companies for acquisition by articulating model ownership, proprietary data assets, and technical moat — then running a structured process across strategic buyers and financial investors to maximize valuation.
Sell-Side M&A Advisory
02
Buy-Side M&A Advisory
We help acquirers identify and evaluate AI targets with genuine defensibility — mapping model maturity, data quality, architecture, and IP risk before and throughout deal execution.
03
AI Value Validation
We assess whether a company's technology represents true AI-driven value or primarily AI-enabled integration — validating technical depth, model ownership, and competitive defensibility from an investor's perspective.
04
Strategic Partnerships & Minority Investments
We advise on related transactions including minority stakes, data partnerships, and co-development structures — supporting AI companies at every stage of their capital and strategic journey.
01
Sell-Side M&A Advisory
We position AI companies for acquisition by articulating model ownership, proprietary data assets, and technical moat — then running a structured process across strategic buyers and financial investors to maximize valuation.
Sell-Side M&A Advisory
02
Buy-Side M&A Advisory
We help acquirers identify and evaluate AI targets with genuine defensibility — mapping model maturity, data quality, architecture, and IP risk before and throughout deal execution.
Buy-Side M&A Advisory
03
AI Value Validation
We assess whether a company's technology represents true AI-driven value or primarily AI-enabled integration — validating technical depth, model ownership, and competitive defensibility from an investor's perspective.
AI Value Validation
04
Strategic Partnerships & Minority Investments
We advise on related transactions including minority stakes, data partnerships, and co-development structures — supporting AI companies at every stage of their capital and strategic journey.
Strategic Partnerships & Minority Investments
01
Sell-Side M&A Advisory
We position AI companies for acquisition by articulating model ownership, proprietary data assets, and technical moat — then running a structured process across strategic buyers and financial investors to maximize valuation.
Sell-Side M&A Advisory
02
Buy-Side M&A Advisory
We help acquirers identify and evaluate AI targets with genuine defensibility — mapping model maturity, data quality, architecture, and IP risk before and throughout deal execution.
Buy-Side M&A Advisory
03
AI Value Validation
We assess whether a company's technology represents true AI-driven value or primarily AI-enabled integration — validating technical depth, model ownership, and competitive defensibility from an investor's perspective.
AI Value Validation
04
Strategic Partnerships & Minority Investments
We advise on related transactions including minority stakes, data partnerships, and co-development structures — supporting AI companies at every stage of their capital and strategic journey.
Strategic Partnerships & Minority Investments
Why Us
What Makes Us Different
01
Technical and Commercial Diligence Together
AI deals require evaluating models, data assets, IP ownership, and infrastructure dependencies — not just financials. We run both tracks simultaneously so nothing material is missed before terms are set.
Technical and Commercial Diligence Together
02
We Know the Difference Between AI and 'AI'
Not every company that uses AI should be positioned as one. We help founders and buyers understand where real value sits — and structure deals accordingly, whether the company is an AI-native business or an AI-enabled service.
03
Regulatory and IP Fluency
AI M&A involves GDPR, the EU AI Act, data ownership rights, and sector-specific compliance. We factor these into valuation and deal structuring from day one — not as a final check, but as a core part of the process.
01
Technical and Commercial Diligence Together
AI deals require evaluating models, data assets, IP ownership, and infrastructure dependencies — not just financials. We run both tracks simultaneously so nothing material is missed before terms are set.
Technical and Commercial Diligence Together
02
We Know the Difference Between AI and 'AI'
Not every company that uses AI should be positioned as one. We help founders and buyers understand where real value sits — and structure deals accordingly, whether the company is an AI-native business or an AI-enabled service.
We Know the Difference Between AI and 'AI'
03
Regulatory and IP Fluency
AI M&A involves GDPR, the EU AI Act, data ownership rights, and sector-specific compliance. We factor these into valuation and deal structuring from day one — not as a final check, but as a core part of the process.
Regulatory and IP Fluency
01
Technical and Commercial Diligence Together
AI deals require evaluating models, data assets, IP ownership, and infrastructure dependencies — not just financials. We run both tracks simultaneously so nothing material is missed before terms are set.
Technical and Commercial Diligence Together
02
We Know the Difference Between AI and 'AI'
Not every company that uses AI should be positioned as one. We help founders and buyers understand where real value sits — and structure deals accordingly, whether the company is an AI-native business or an AI-enabled service.
We Know the Difference Between AI and 'AI'
03
Regulatory and IP Fluency
AI M&A involves GDPR, the EU AI Act, data ownership rights, and sector-specific compliance. We factor these into valuation and deal structuring from day one — not as a final check, but as a core part of the process.
Regulatory and IP Fluency
SECTORS
AI Sectors We Cover
Enterprise AI & Applied Machine Learning
AI solutions embedded in enterprise workflows — covering automation, decision intelligence, and predictive systems. We position these businesses around workflow dependency and measurable ROI for enterprise acquirers.
Enterprise AI & Applied Machine Learning
AI solutions embedded in enterprise workflows — covering automation, decision intelligence, and predictive systems. We position these businesses around workflow dependency and measurable ROI for enterprise acquirers.
Vertical AI
AI companies built for regulated or data-intensive industries where compliance and domain expertise drive value. We navigate sector-specific regulatory exposure and communicate it clearly in deal positioning.
Data & Analytics Platforms
Companies where data aggregation, enrichment, and analytics capabilities are core to defensibility. We assess data moat quality, exclusivity, and its contribution to model performance in deal structuring.
Data & Analytics Platforms
Companies where data aggregation, enrichment, and analytics capabilities are core to defensibility. We assess data moat quality, exclusivity, and its contribution to model performance in deal structuring.
AI Infrastructure & MLOps
Platforms focused on model deployment, monitoring, data pipelines, and orchestration. Infrastructure businesses are valued on adoption depth, integration stickiness, and the defensibility of their tooling layer.
AI Infrastructure & MLOps
Platforms focused on model deployment, monitoring, data pipelines, and orchestration. Infrastructure businesses are valued on adoption depth, integration stickiness, and the defensibility of their tooling layer.
Generative AI & LLM Applications
Application-layer businesses leveraging foundation models, proprietary fine-tuning, and workflow integration. Valuation depends heavily on fine-tuning depth, data ownership, and defensibility beyond the base model.
Generative AI & LLM Applications
Application-layer businesses leveraging foundation models, proprietary fine-tuning, and workflow integration. Valuation depends heavily on fine-tuning depth, data ownership, and defensibility beyond the base model.
Autonomous Systems, Robotics & Edge AI
AI businesses at the intersection of software, hardware, and real-world deployment. Valuation considers hardware-software integration, safety certifications, and the depth of real-world deployment data.
Autonomous Systems, Robotics & Edge AI
AI businesses at the intersection of software, hardware, and real-world deployment. Valuation considers hardware-software integration, safety certifications, and the depth of real-world deployment data.
THE RESULTS SPEAK. THE FOUNDERS DON'T HAVE TO.
The results speak.
The sellers don’t have to.
Our 5-Step AI M&A Process
Testimonials
The results speak. The sellers don’t have to.
The results speak.
The sellers don’t have to.
Kos Chekanov
CEO & Founder, Artkai
«Their ability to navigate complex transactions was particularly outstanding».
“Many people think M&A is only about finding a buyer. It's not. It’s about creating competitive tension around a well-prepared asset."
«Our experience with Mergewave Capital from A to Z was quite smooth».
“Many people think M&A is only about finding a buyer. It's not. It’s about creating competitive tension around a well-prepared asset."
Alex Kavinsky
CEO, 7Devs
Andrew Tsopych
CEO & Founder, Intobi
«Their personalized approach and deep understanding of our business needs are most impressive».
“Many people think M&A is only about finding a buyer. It's not. It’s about creating competitive tension around a well-prepared asset."
You can read more about us on Clutch.
TEAM
The Architects Behind Every Mandate
Kateryna Mykhaylova
Investment Director at Mergewave Capital
Business transformation and M&A professional with over 20 years of experience working with global companies across IT, e-commerce, game development, and AI platforms. For more than 7 years, she has led cross-border M&A transactions and post-merger integrations across the EU, UK, North America, and Latin America, advising both buyers and sellers. Kateryna manages transactions end-to-end and oversees post-deal integration, working directly with stakeholders and operational teams to ensure successful execution and value realization.
Artem Myrhorodskyi
Partner | Defence
Investment professional focused on defense and military technology companies. Specializes in M&A transactions, joint ventures, and strategic partnerships within the defense sector. At MergeWave Capital, he works with defense manufacturers and technology companies, leveraging strong industry connections across the U.S. and European military ecosystems to support cross-border partnerships, capital raises, and strategic transactions.
Kateryna Mykhaylova
Investment Director at Mergewave Capital
Business transformation and M&A professional with over 20 years of experience working with global companies across IT, e-commerce, game development, and AI platforms. For more than 7 years, she has led cross-border M&A transactions and post-merger integrations across the EU, UK, North America, and Latin America, advising both buyers and sellers. Kateryna manages transactions end-to-end and oversees post-deal integration, working directly with stakeholders and operational teams to ensure successful execution and value realization.
Artem Myrhorodskyi
Partner | Defence
Investment professional focused on defense and military technology companies. Specializes in M&A transactions, joint ventures, and strategic partnerships within the defense sector. At MergeWave Capital, he works with defense manufacturers and technology companies, leveraging strong industry connections across the U.S. and European military ecosystems to support cross-border partnerships, capital raises, and strategic transactions.
Kateryna Mykhaylova
Investment Director at Mergewave Capital
Business transformation and M&A professional with over 20 years of experience working with global companies across IT, e-commerce, game development, and AI platforms. For more than 7 years, she has led cross-border M&A transactions and post-merger integrations across the EU, UK, North America, and Latin America, advising both buyers and sellers. Kateryna manages transactions end-to-end and oversees post-deal integration, working directly with stakeholders and operational teams to ensure successful execution and value realization.
Artem Myrhorodskyi
Partner | Defence
Investment professional focused on defense and military technology companies. Specializes in M&A transactions, joint ventures, and strategic partnerships within the defense sector. At MergeWave Capital, he works with defense manufacturers and technology companies, leveraging strong industry connections across the U.S. and European military ecosystems to support cross-border partnerships, capital raises, and strategic transactions.
FAQ
Frequently asked questions
What M&A services does MergeWave provide for AI companies?
Which AI sectors and technologies do you work with?
How do you distinguish a true AI company from one that just uses AI?
What does the M&A process look like for an AI company?
How is AI M&A different from traditional software deals?
How do you value an AI company?
Can you advise buyers evaluating AI acquisition targets?
Do you work with early-stage AI companies?
Still have questions?
Every transaction is different.
We’ll walk you through the process, assess your situation, and outline the right approach for your goals.
Every transaction is different.
We’ll walk you through the process, assess your situation, and outline the right approach for your goals.