Terms of use

Who may use MergerMatch

You must be at least 18 and legally able to enter these terms. MergerMatch is intended for professional and business use. If you use it for a company, fund, owner, buyer, broker, adviser, or other organisation, you confirm that you have authority to bind that organisation. In that case, you and your organisation are both responsible for compliance with these terms.

You may not use the service if applicable law prohibits it, if you are subject to sanctions that prevent us from providing it, or if we previously terminated your account for serious misuse and have not agreed to restore access.

Your account

Provide accurate and current information. Keep credentials and verification codes confidential, use appropriate security settings, and tell us promptly about suspected unauthorised access. You are responsible for activity through your account and for people you authorise, except to the extent the activity results from our breach of these terms or failure to use reasonable security.

One MergerMatch identity can provide access to Marketplace and Rooms. Do not share an individual account or impersonate another person. Organisation and workspace administrators are responsible for assigning suitable roles and promptly removing access that is no longer required.

What MergerMatch provides

MergerMatch provides self-service software for private M&A matching, public professional and provider profiles, introductions, adviser requests, sale-preparation workflows, and optional virtual data rooms. Marketplace listing, matching, and introductions are free. MergerMatch does not act for either side or perform transaction or advisory work. Users and any advisers they appoint communicate, advise, negotiate, and transact independently.

A match, score, label, introduction, or data room is a software feature. It is not a recommendation, endorsement, verification, valuation, offer, commitment, or guarantee that a party is suitable or a transaction will occur.

Marketplace workflow and contact disclosure

Business owners and authorised brokers or advisers may create anonymous sale listings. Buyers may create acquisition mandates. MergerMatch compares the criteria users provide, including industry, geography, deal size, revenue, and transaction structure, and sends an opportunity only to buyers whose registered mandates match it.

Before buyer interest, a buyer receives only the permitted anonymous listing details. The seller does not browse or approve a public buyer directory. When a matched buyer with a complete profile selects that they are interested, MergerMatch immediately reveals the seller-side professional contact profile to that buyer and records the buyer's decision. The buyer profile is not automatically shared with the seller side, and the seller is not notified through the current Marketplace workflow.

By activating a listing, the seller or authorised representative instructs and authorises MergerMatch to make that disclosure through the workflow above. Ensure that the contact profile is appropriate to share and that every person whose information you submit has been informed and has authorised its use. Pausing or archiving a listing does not undo a disclosure already made.

Information received through a match may be used only to evaluate and contact the counterparty about that opportunity. It must not be published, harvested, added to an unrelated directory, used for unsolicited marketing, or disclosed outside the recipient's authorised deal team and professional advisers.

Adviser introductions

Adviser requests and coverage profiles are private. MergerMatch may route a request to a participating adviser based on the information supplied. This private matching process is separate from the public M&A Network. A public profile does not make its owner eligible for private advisor assignments, and a private coverage profile is not published automatically. There is no paid placement or MergerMatch endorsement in either flow. Requesters and advisers must independently check identity, authority, conflicts, credentials, regulatory status, references, engagement terms, and fees.

An adviser introduction does not create an adviser-client relationship with Amafi (HK) Limited. Any engagement is a separate contract between the parties.

Public M&A Network profiles

A confirmed account may maintain one professional profile and one company or product profile. Profiles can include public contact details and may be indexed by search engines. You must list yourself, an organisation you are authorised to represent, or a product for which you are an authorised contact. Do not publish a profile for an unrelated person or business without documented authority and consent.

Submitted profiles are reviewed for basic completeness, category fit, and obvious misuse before publication. Review, publication, a confirmation label, or continued availability is not verification of credentials, regulatory status, service quality, claims, experience, or suitability. MergerMatch may request changes, suspend, or remove a profile to protect users, comply with law, or maintain the network.

Providers are responsible for keeping profile information and public contact details accurate and current. Visitors must independently check identity, authority, credentials, conflicts, references, terms, fees, regulatory status, security, and fit. Public contact details may be used only for relevant, individual professional enquiries. Scraping, harvesting, bulk outreach, and unsolicited marketing are prohibited.

Rooms and confidential documents

Rooms lets authorised workspace users organise and disclose transaction materials to selected members and guests. Workspace owners and administrators control invitations, groups, publication, and permissions. Users must preview the intended disclosure and confirm that each recipient and document is correct.

Do not upload personal information, trade secrets, regulated material, export-controlled information, or third-party documents unless you have authority and a lawful purpose. Product permissions, watermarking, and audit records support confidentiality but do not replace a suitable confidentiality agreement, disclosure process, legal hold, backup, or professional advice.

An invited guest may use room content only for the transaction purpose stated by the inviter and subject to the applicable confidentiality or non-disclosure agreement. Workspace customers are responsible for their own retention, disclosure, and document-management instructions.

Before Rooms sends an external invitation, an owner or administrator must identify the customer legal name and confirm authority to bind that customer. The recorded acceptance incorporates the current Data Processing Addendum and records the accepting account, document versions, time, IP address, and browser details.

Service availability and recovery

Rooms does not include a service-level agreement, fixed recovery point, or fixed recovery time unless an order expressly says otherwise. We use physical database backups, write-ahead log archiving, and versioned private object storage. Continuous point-in-time database recovery is not included unless an order or written activation record says it is active.

Backups and versioning reduce risk but cannot guarantee that data will never be lost or unavailable. Customers should export records they must retain independently and maintain continuity arrangements appropriate to their transaction.

Fees, subscriptions, and taxes

The current iOS app has no in-app purchases. Marketplace listing, matching, introductions, and contact sharing through the stated workflow are free. Rooms is a separate software and storage service that may be paid. A Rooms charge is not based on an introduction, transaction value, or transaction completion. The checkout, order, or plan page states the price, currency, billing period, limits, and renewal terms. Stripe processes payment information under its own terms and privacy notice.

Recurring subscriptions renew until cancelled if the checkout says they renew. You may cancel future renewal through the billing portal or the method shown at purchase. Cancellation normally takes effect at the end of the paid period. Fees are non-refundable except where the order says otherwise, we fail to provide the paid service, or applicable law requires a refund. Prices exclude applicable taxes unless stated otherwise. You are responsible for taxes associated with your purchase, other than taxes on our net income.

We may change future Rooms prices with advance notice. A price change does not alter a completed billing period. MergerMatch does not charge a Marketplace commission, success fee, transaction fee, referral fee, retainer, or paid-lead fee. Changing that model would require separate terms, clear advance notice, and a new regulatory review.

Your content and our permission to operate the service

You retain ownership of content you submit. You grant Amafi (HK) Limited a worldwide, non-exclusive, royalty-free licence to host, copy, process, format, transmit, display, and create technical derivatives of that content only as needed to provide, secure, support, and maintain MergerMatch. This licence lasts while the content is stored under these terms and the Privacy Policy.

You confirm that you have the rights, notices, permissions, and lawful basis needed to submit the content and permit its intended disclosure. Content must be accurate to the best of your knowledge and must not infringe another person's rights. We may create genuinely aggregated or de-identified statistics that no longer identify a person, organisation, opportunity, or transaction.

Feedback and suggestions are voluntary. You allow us to use them without payment or restriction, provided we do not identify you or disclose confidential content.

Confidentiality

Each user must protect non-public information received through MergerMatch with at least reasonable care and use it only for the permitted transaction purpose. Disclosure is limited to people who need it for that purpose and who are bound by suitable confidentiality duties. These obligations do not apply to information that the recipient can show was lawfully public, already known without restriction, independently developed, or lawfully received from another source.

If law requires disclosure, the recipient should give prompt notice when legally permitted and disclose only what is required. These terms do not create an NDA tailored to a transaction. Parties should obtain one when appropriate.

Acceptable use

You must not:

• Misrepresent identity, authority, funding, credentials, business ownership, mandate, opportunity, or transaction intent.
• Upload unlawful, infringing, malicious, deceptive, defamatory, abusive, or unauthorised confidential content.
• Scrape, index, bulk-copy, republish, build an unauthorised directory, harvest contact details, spam users, or bypass disclosure controls.
• Probe, reverse engineer, disrupt, overload, introduce malware, access another user's account, or defeat security and rate limits.
• Use MergerMatch for fraud, money laundering, sanctions evasion, bribery, market abuse, unlawful discrimination, or another illegal purpose.
• Use automated systems to make high-volume requests or submit generated content without meaningful review and authority.

Reports, blocking, and moderation

You can report an opportunity and block the seller from its detail screen in the iOS app, or contact us. We may investigate, restrict visibility, remove content, preserve evidence, warn a user, limit contact, or suspend an account when reasonably necessary for safety, legal compliance, these terms, or the integrity of the service. Blocking affects future in-product visibility but cannot erase information already disclosed or copied outside MergerMatch.

We aim to review reports promptly and proportionately. If you believe we made a mistake, contact us with the account email, relevant record, and reason for reconsideration. We may decline to disclose confidential investigation details.

Transactions, diligence, and regulatory status

Users communicate, investigate, negotiate, obtain advice, and complete any transaction independently. We do not verify every identity, statement, buyer, seller, document, source of funds, valuation, or business. You must perform your own legal, financial, commercial, tax, regulatory, sanctions, fraud, cyber, and counterparty diligence.

Amafi (HK) Limited is not your broker, broker-dealer, exchange, law firm, accounting firm, fiduciary, investment adviser, or corporate finance adviser. MergerMatch does not represent a party, negotiate or execute transactions, hold client money or securities, set transaction terms, perform diligence, or provide legal, tax, accounting, valuation, financial, or investment advice. Users appoint their own advisers and remain responsible for every transaction decision and act. A disclaimer does not replace a licence where law requires one. Each party is responsible for confirming that its own activity and each relevant transaction are lawful in every applicable jurisdiction.

Third-party services

MergerMatch can link to or interoperate with third-party services such as Stripe, Apple, email providers, and professional websites. Their terms and privacy notices apply to their services. We are not responsible for third-party content, decisions, outages, or conduct outside our reasonable control. A link does not mean endorsement.

MergerMatch intellectual property and app licence

MergerMatch software, designs, branding, documentation, and service content are owned by Amafi (HK) Limited or its licensors. Subject to these terms, we grant you a limited, revocable, non-exclusive, non-transferable right to access and use the service for its intended professional purpose. No other intellectual property right is transferred.

For the iOS app, Apple's standard Licensed Application End User License Agreement also governs the licence to the installed app unless App Store Connect presents a custom EULA. These terms govern the MergerMatch account and service. Apple is not a party to the Marketplace or Rooms service and does not sponsor or endorse it.

Availability and changes to the service

We aim to keep MergerMatch available and secure but do not promise uninterrupted or error-free operation. Maintenance, security incidents, provider failures, legal requirements, and events outside reasonable control can affect access. Keep an independent copy of information needed for a critical deadline or legal obligation.

We may improve, add, restrict, or discontinue features. We will give reasonable notice before a material discontinuation when practical. Beta or preview features may change and should not be relied on for critical work.

Suspension, termination, and deletion

We may suspend or terminate access for a material or repeated breach, security risk, fraud concern, legal requirement, harm to another user, or non-payment of a paid service. When reasonable, we will explain the basis and allow an opportunity to correct a remediable issue. Serious, unlawful, or urgent conduct may require immediate action.

You may stop using the service and initiate account deletion from the iOS app or contact us. Shared Rooms ownership, active billing, legal holds, and retained transaction evidence may need to be handled before deletion is completed. The Privacy Policy explains the 30-day process and limited retention exceptions.

Terms that by their nature should continue after termination remain in effect, including confidentiality, accrued payment duties, intellectual property, disclaimers, liability limits, dispute terms, and lawful retention duties.

Disclaimers

To the fullest extent permitted by law, MergerMatch is provided as available and without a promise that matches, content, counterparties, transaction prospects, or results are accurate, complete, suitable, secure outside our systems, or fit for a particular transaction. We disclaim implied warranties to the extent they may lawfully be excluded.

Nothing in these terms limits a mandatory statutory warranty or remedy. No oral statement creates a warranty unless an authorised Amafi representative expressly agrees to it in writing.

Your responsibility for claims

To the extent permitted by law, if you use MergerMatch for a business or organisation, you will indemnify Amafi (HK) Limited and its personnel against a third-party claim, loss, and reasonable legal cost arising from your content, your transaction, your unlawful use, or your material breach of these terms. This does not apply to the extent the claim was caused by our breach, negligence, wilful misconduct, or violation of law. We will give reasonable notice and allow you to participate in the defence. You may not settle a claim in a way that admits fault by us or imposes an obligation on us without our written consent.

Limits of liability

Nothing in these terms excludes or limits liability for fraud, fraudulent misrepresentation, death or personal injury caused by negligence, wilful misconduct, or another liability that law does not permit us to exclude or limit.

Subject to that sentence and to the fullest extent permitted by law, Amafi (HK) Limited is not liable for indirect, incidental, special, exemplary, punitive, or consequential loss, or for loss of profit, revenue, goodwill, opportunity, anticipated savings, or data. We are not liable for a transaction decision, counterparty conduct, or content that should have been independently verified.

Subject to the same exceptions, our total aggregate liability arising from the service and these terms is limited to the greater of the fees you paid us for the affected service during the 12 months before the event giving rise to the claim and HK$1,000. The exclusions and cap apply across all legal theories and related claims. If applicable law does not permit a particular exclusion or cap, it applies only to the maximum extent permitted.

Governing law and disputes

These terms and any non-contractual dispute arising from them are governed by the laws of the Hong Kong Special Administrative Region. The courts of Hong Kong have exclusive jurisdiction. Before filing a claim, each party will try in good faith for 30 days to resolve it through the contact details below, unless urgent injunctive relief or a limitation deadline requires earlier action.

If you are legally entitled to mandatory consumer rights or a local forum that cannot be waived, this section does not take those rights away.

Changes to these terms

We may update these terms when the service, business, or law changes. We will post the new version and effective date. For a material change, we will provide additional notice and request renewed acceptance when required. A change does not retroactively alter rights or duties that already accrued.

General terms

These terms, the Privacy Policy, the MergerMatch Rooms Terms and Data Processing Addendum for applicable Rooms processing, an applicable order, and any expressly incorporated product terms form the agreement for the service. An order controls only for the specific paid service and only to the extent it expressly conflicts. If one provision is unenforceable, it will be limited to the minimum necessary and the rest remain in effect. A delay in enforcing a right is not a waiver.

You may not assign these terms without our written consent. We may assign them as part of a genuine reorganisation, financing, or transfer of the MergerMatch business, provided the successor assumes our obligations. Neither party is liable for delay caused by an event outside reasonable control, except that this does not excuse payment obligations already due.

Notices may be sent to the account email or displayed in the service. Notices to Amafi (HK) Limited must be sent through the contact details below. Electronic records and communications satisfy writing requirements to the extent permitted by law.