In this paper we demonstrate a high potential of transient grating method to study the behavior of surface acoustic waves in nanowires-based composite structures. The investigation of dispersion curves is done by adjusting the calculated dispersion curves to the experimental results. The wave propagation is simulated using the explicit integral and asymptotic representations for laser-generated surface acoustic waves in layered anisotropic waveguides. The analysis of the behavior permits to determine all elastic constants and effective elastic moduli of constituent materials, which is important both for technological applications of these materials and for basic scientific studies of their physical properties.