Art Capital

What Art Capital does

Art Capital sp. z o.o. is a Kraków-based corporate finance advisory firm founded in 2007 and operating since April 30, 2010 as a licensed Authorized Advisor (Autoryzowany Doradca) in the Alternative Trading System of the Warsaw Stock Exchange, covering both the New Connect equity market and the Catalyst bond market. The firm is wholly founder-owned; Piotr Grzesiak serves as sole Management Board President and main shareholder, while Grzesiak (certificate no. 20/2011) and Jacek Draus (certificate no. 107/2011) are the two Certified Advisors statutorily required to act on GPW's behalf. The team of 1–10 people delivers a full lifecycle of capital-markets advisory services — IPO and SPO advisory, public and private share and bond issuances, prospectus and information memorandum preparation, mergers, acquisitions, and management buyouts, company and financial-instrument valuations, due diligence, economic and feasibility analyses, and ongoing investor-relations support for the first three years of New Connect listings. The firm has a documented track record of 30+ equity emissions on the regulated GPW market, 16 equity emissions on New Connect, and 5 bond emissions on Catalyst, with past mandates spanning issuers such as Comarch, VRG, MCI Capital, Wojas, Noble Bank, Get Bank, Kino Polska, Czerwona Torebka, Cormay, Bloober Team, and SARE.

The business model is professional services engagement-based: revenue is earned on a per-transaction or per-project basis, with multi-year retainers for ongoing Authorized Advisor work on New Connect and Catalyst issuers. Pricing is not publicly disclosed and is negotiated quote-by-quote; clients are acquired through direct outreach, professional referrals, and repeat engagements from existing listed-company clients. Distribution is single-country (Poland, primarily Małopolska region) and sales-led, with the company website and a publicly available educational DCF valuation spreadsheet functioning as top-of-funnel content. A strategic partnership with DGP sp. z o.o. sp.k. extends the offering into EU funds and subsidy advisory. The firm holds no patents, has no app or platform product, and no disclosed AI/ML capability — its intellectual capital is concentrated in the certified-advisor credentials, the 25+ years of cumulative transaction experience, and the public deal log.

Name

Art Capital

Legal name

Art Capital sp. z o.o.

Website

http://art-capital.pl

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Art Capital is a corporate finance advisory company.

Ownership category

akta.pro rank

Product category

Corporate Finance Advisory

NAICS

Portfolio Management and Investment Advice (52394), Miscellaneous Intermediation (52391)

SIC

Services-Management Consulting Services (8742), Investment Advice (6282)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industry

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI)

Keywords

• Corporate finance advisory
• Capital market advisory
• IPO advisory services
• Merger acquisition advisory
• Investor relations services

Headquarters

HQ city

Kraków

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Capital Market Transaction Advisory: Art Capital generates revenue through fees for professional advisory services on capital market transactions including IPOs, SPOs, bond emissions, mergers, acquisitions, management buyouts, company valuations, feasibility studies, risk analyses, prospectuses, information memoranda, and investor relations services. Revenue is earned on a per-transaction basis as professional services engagements.
2. Authorized Advisor Services: Art Capital operates as an Authorized Advisor (Autoryzowany Doradca) for the Alternative Trading System (ASO) of the Warsaw Stock Exchange, providing ongoing advisory services to listed companies on New Connect and Catalyst markets. This includes document approval, information obligations compliance, and capital market coordination services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Art Capital is a Kraków-based corporate finance advisory firm that provides capital market transaction advisory as a licensed Authorized Advisor on the Warsaw Stock Exchange's New Connect and Catalyst markets. Services include IPO and SPO advisory, bond emission advisory, mergers and acquisitions support, company and financial instrument valuations, due diligence, feasibility studies, economic analyses, prospectus and information memorandum preparation, investor relations management, and EU funds consulting. The firm earns fees on a per-transaction basis across the full transaction lifecycle from strategy through ongoing post-listing compliance.

Product overview

Art Capital is a financial advisory company (Authorized Advisor in the Alternative Trading System) offering a portfolio of consulting services for capital market transactions. The core offerings include: Autoryzowany Doradca ASO GPW for New Connect and Catalyst listings; Usługi Doradcze Giełda for regulated market introductions; Usługi Doradcze Akcje i Obligacje for share/bond issuance; Usługi Doradcze Fuzje i Przejęcia for M&A; Usługi Doradcze Wyceny Wartości for valuations; Usługi Doradcze Analizy Ekonomiczne for economic analyses and business plans; Usługi Doradcze Relacje Inwestorskie for investor relations; Usługi Doradcze Due Diligence for due diligence services; and Usługi Doradcze Fundusze Unijne for EU funding advisory. Additionally, the Wycena DCF educational spreadsheet tool provides a free DCF valuation calculator for enterprise valuation.

Differentiator

Problem solved

Functional benefit

Products and services

• Autoryzowany Doradca ASO GPW (New Connect and Catalyst) Official Authorized Advisor services for the Alternative Trading System (ASO) of the Warsaw Stock Exchange, providing approval of information documents for companies introducing shares to the New Connect market or bonds to the Catalyst market, and ongoing regulatory advisory.
• Usługi Doradcze Giełda (Stock Exchange Advisory Services) Advisory services for introducing securities to regulated markets, coordinating listing processes, and providing comprehensive capital market consulting including entry strategy and application documentation for companies targeting the regulated GPW market.
• Usługi Doradcze Akcje i Obligacje (Shares and Bonds Advisory) Comprehensive advisory for public and private share and bond issuance including process coordination, corporate documents, ownership transformations, emission analysis, prospectuses, information memoranda, and Authorized Advisor services for NewConnect and Catalyst.
• Usługi Doradcze Fuzje i Przejścia (Mergers and Acquisitions Advisory) Full-service support for enterprise sales, combinations, or acquisitions from project goal-setting through closing, including due diligence, valuations, feasibility analyses, negotiations, and transaction security advisory.
• Usługi Doradcze Wyceny Wartości (Enterprise Valuation Services) Valuation services for enterprises, investment projects, financial instruments, and contracts using income-based, asset-based, and comparative market methods, including financial forecasting and investment parameter analysis.
• Usługi Doradcze Analizy Ekonomiczne (Economic Analyses and Business Plans) Strategic and economic analyses and business plan development for capital market transactions, private transactions, and EU funding applications, verifying investment profitability and risk factors.
• Usługi Doradcze Relacje Inwestorskie (Investor Relations Advisory) Investor relations advisory and management for companies entering or already listed on GPW markets, including capital market training, financial reporting, information circulation rules, and ongoing advisory during first 3 years of NewConnect listings.
• Usługi Doradcze Due Diligence Economic analysis of enterprises to determine profit generation methods, cash flow, assets, financing sources, organizational efficiency, risks from procedures and strategies, and verification of financial statements.
• Usługi Doradcze Fundusze Unijne (EU Funds Advisory) Advisory on obtaining capital for investments, R&D activities, or other purposes through EU funds, delivered in cooperation with strategic partner DGP sp. z o.o. sp.k.

Named customers16 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• DGP sp. z o.o. sp.k.coreStrategic or Co-development PartnerDGP sp. z o.o. sp.k. is a strategic partner for Art Capital in providing EU fund consulting services. Art Capital collaborates with DGP for capital acquisition for investments, R&D activities, or other purposes through EU subsidies. DGP is based in Kraków, Poland.

Scale indicators5 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Trigon Dom Maklerski: Trigon Dom Maklerski is a Poland-based investment bank and brokerage providing ECM advisory, M&A and brokerage services on the WSE, including New Connect. Directly comparable to Art Capital as a domestic capital markets advisory firm serving Polish SMEs and mid-market issuers.
• Vestor Dom Maklerski: Vestor is a Polish investment firm active in IPO advisory, SPOs, and brokerage on the WSE and New Connect. Comparable to Art Capital in offering capital markets advisory services to Polish growth companies seeking public market introductions.
• Q Securities: Q Securities is a boutique Polish investment firm providing equity capital markets advisory and Authorized Advisor services on New Connect/Catalyst. Closely comparable to Art Capital in scale, scope, and Authorized Advisor focus on the Polish alternative trading system.
• J&P Capital: J&P Capital is a Polish boutique advisory firm with capital markets, M&A and valuation focus. Comparable to Art Capital as a small, deal-driven Polish corporate finance boutique serving SME issuers.
• Michael / Ström Dom Maklerski: Michael / Ström is a Poland-based brokerage and advisory firm active on WSE, New Connect and Catalyst markets. Comparable to Art Capital for capital markets advisory, IPO services, and bond issuance advisory on Polish alternative trading systems.

Broad incumbents

• BOŚ Dom Maklerski: BOŚ DM is the brokerage arm of Bank Ochrony Środowiska, providing ECM, brokerage and advisory on WSE and Catalyst. Broader incumbent than Art Capital but overlaps materially in New Connect/Catalyst advisory and bond issuance work.
• mBank (Investment Banking): mBank is one of Poland's largest banks with a full-service investment banking division covering ECM, M&A and DCM on WSE. Overlaps with Art Capital at the larger-cap end of the Polish IPO and SPO market.
• Deloitte Poland - Corporate Finance: Deloitte Poland's Corporate Finance practice provides M&A advisory, due diligence, valuations, and IPO readiness consulting. Comparable to Art Capital in valuation and M&A work, though it operates at significantly larger scale and serves bigger clients.
• KPMG Poland Deal Advisory: KPMG Poland's Deal Advisory practice offers M&A, valuations, due diligence and ECM advisory services. Comparable to Art Capital in valuation and corporate finance advisory services but at broader scale and scope.
• EY-Parthenon Poland: EY-Parthenon Poland provides strategic corporate finance, M&A and capital markets advisory. Overlaps with Art Capital's transaction advisory and valuation services, though it operates as a larger professional services firm across more sectors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/art-capital-sp-z-o-o

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Art Capital