How Ayebot works.

Ayebot is the AI deal engine for sell-side M&A in Singapore and Southeast Asia, built by Aye Bot Pte. Ltd. and founded by Gwee Yi Chen. It gives founders free tools to see how many acquirers on its register buy companies like theirs, how ready their business is for a sale and an indicative value range; advice on any sale comes from the Growth Alliance Capital team, never from software.

It is for founders considering a sale in the next three years. Below: how each tool works, what data it uses, what Ayebot does not do, and how a founder goes from a tool to a sale mandate.

The buyer finder

The buyer finder counts how many acquirers on our register have stated an appetite for a business like yours. It takes three taps and needs no name and no email.

  1. Choose what your business does, from 12 sectors.
  2. Choose where it mainly operates: Singapore, Malaysia, Indonesia, Thailand, Vietnam or the Philippines.
  3. Optionally choose a revenue band (under S$5m, S$5m to S$20m, S$20m to S$50m, or above S$50m) to narrow the count.
  4. See the count, split into strategic buyers, private equity, family offices and other, with the number headquartered in Japan where identifiable.

A buyer is counted when it lists your sector among its target sectors and covers your market, either by naming it or through a region-wide or global mandate. With a revenue band, buyers whose stated target revenue range does not fit are left out; buyers who have not stated a range stay in, and the result says how many. It is a count, not a promise of interest.

The same counts, market by market, are published for every sector on the buyers by sector pages.

The buyer index

Our buyer register lists 2,358 acquirers, de-duplicated and synced 8 October 2026. They include 1,541 trade buyers (companies in your industry, not just funds), 406 private equity buyers, 332 listed companies and 212 acquirers headquartered in Japan. Where headquarters are identifiable, they span 32 countries, and 83% are outside Singapore.

On the register means listed in it, not a relationship. Ayebot never names a buyer, client or deal. The buyer index publishes only totals and per-sector, per-market counts; it contains no figure from any live sale process. The sync date is shown wherever the counts appear.

The readiness check

The readiness check is twelve questions that take about two minutes, built on what buyers test in due diligence. No email is needed to see your result.

  1. Answer twelve questions: customer contracts, customer concentration, whether the business runs without you, your second-in-command, recurring revenue, documented processes, financial records, personal and one-off costs, the profit trend, licences and leases, the outcome you want, and when you would sell.
  2. Eleven answers score 0, 1 or 2, for a score out of 22. The timing question is not scored.
  3. Your score places you in one of three bands: ready to test the market (17 or more), close with focused work (11 to 16), or build value first (10 or less).
  4. You see up to three of your lowest-scoring answers as your biggest levers, each with what to do about it, and a note on timing.

The questions follow Gwee Yi Chen's published view of what buyers pay for, including that the work that moves a multiple typically takes 18 to 24 months. It is a self-assessment aid, not a valuation or advice. Take the readiness check.

The valuation range

The valuation range gives an indicative enterprise value in about 60 seconds. No email is needed to see your number.

  1. Choose one of eight sectors and enter your annual EBITDA (profit before interest, tax, depreciation and amortisation) in S$, at least S$100,000.
  2. Tick any that apply: more than 70% of revenue is recurring or contracted; one customer is more than 30% of revenue; the business depends heavily on you.
  3. The range multiplies your EBITDA by the sector's low and high EV/EBITDA benchmark. The working anchor uses the sector's mid multiple, plus 2.0x for recurring revenue, minus 1.0x for customer concentration and minus 0.5x for founder dependency.
  4. The working is shown line by line, and you can save the result as a PDF.

The benchmarks behind the valuation range

SectorLow (EV/EBITDA)Mid (EV/EBITDA)High (EV/EBITDA)
Technology / software8x12x18x
Healthcare services8x11x15x
Education6x9x13x
Food & beverage5x7x10x
Professional services5x7x10x
Logistics / supply chain5x7x10x
Manufacturing / industrial4x6x8x
Retail4x6x8x

GA assumption: Growth Alliance Capital's working benchmarks for private Singapore and Southeast Asian deals (2024/25), not sourced market data. Indicative only, not a valuation. What a buyer pays depends on your normalised EBITDA, the buyers in the room and the terms.

Run the valuation range

What data the tools use

The buyer finder and the sector pages read one published file of aggregate counts: totals and per-sector, per-market counts, with no names in it.

The readiness check and the valuation range calculate in your browser. What you enter is not sent anywhere unless you choose to submit the form under your result. If you do, your name, email, optional WhatsApp number and the result you saw go to Gwee Yi Chen, who replies personally. If you tap the WhatsApp button instead, it opens a message with your result pre-filled, and nothing is sent until you send it.

What Ayebot does not do

  1. It is not a marketplace, and it does not list your business anywhere.
  2. It is not an adviser: advice on any transaction is given by the Growth Alliance Capital team, never by software.
  3. It does not act on its own: nothing reaches a buyer until a person approves it.
  4. It does not value your company: the valuation range is indicative, not a valuation.
  5. It does not name names: our public numbers are counts only, and we never name clients, buyers or deals.
  6. It does not make up contacts: every buyer contact is published at a cited source, or derived from a real address at the same company and flagged as such.

From Ayebot to a sale mandate

  1. Start with a tool: your buyer count, your readiness score or your value range.
  2. Ask for a private read: submit the form under your result, or message on WhatsApp. Gwee Yi Chen reviews what you entered and replies personally. It is confidential, and nothing is shared without your permission.
  3. Talk it through: a private view of where your business stands today. No pitch, no obligation, and what you share is used only for your process.
  4. If you decide to sell, the advisory engagement is with Growth Alliance Capital, the advisory brand, and M&A engagements are contracted with Bbreaker Private Limited (UEN 201622799H). Fees are agreed per engagement; see what is free.
  5. The sale follows the five stages set out in Growth Alliance Capital's guide how to sell a company in Singapore: preparation, quiet marketing, offers and the letter of intent, due diligence, and completion. Throughout, the engine does the hours and a person makes the calls: earnings rebuilt into a normalised EBITDA bridge, pricing off comparable transactions and listed peers, the register screened for a short list a person chooses, every approach drafted and approved before it goes, diligence answers drafted with their source, and offers compared on cash at completion.
  6. Your name stays protected throughout: live mandates run under a project codename, buyers first see an anonymous profile, and your name is released only after a buyer signs a non-disclosure agreement.

See who would buy your companyQuestions founders askWhat is free