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Universidad EAFIT

Maestría en Administración Financiera · 2025

Análisis de Grano Nativo

Manzano Perea, Álvaro José · Piedrahita González, SebastiánAsesor: Buenaventura Vera, Guillermo

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Resumen

Micro, small, and medium-sized enterprises (MSMEs) in Colombia are facing financial constraints that hinder their growth and sustainability. Only 28 % of these businesses have access to credit, contributing to a high business mortality rate with over 60 % closing before reaching three years of operation. Grano Nativo S.A.S. a MSME dedicated to commercialize specialty coffees, currently is at a critical juncture due to growth limitations caused by insufficient resources. Faced with a merger and acquisition (M&A) opportunity, the lack of literature on MSME valuation based on different financing alternatives creates uncertainty. The company's valuation is crucial, as it determines the acquisition price. Therefore, the objective is to understand the impact of the available financing mechanisms on Grano Nativo S.A.S.'s valuation, providing a technical foundation to meet the firm's expectations.

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