Privacy Policy

At Sonar Business Advisors (“Sonar”, “we”, “us” or “our”), we respect your privacy and are committed to protecting the personal and business information you share with us.

This Privacy Policy explains how we collect, use, store and protect information when you visit our website, contact us or engage with our business brokerage and advisory services.

Depending on how you interact with us, we may collect:

• Contact information, including your name, email address, telephone number and business name.
• Enquiry information about your business, investment interests, advisory requirements or opportunities.
• Business and transaction information voluntarily provided during sale, acquisition, investment, franchise or advisory discussions.
• Basic website usage and technical information, where collected through website technologies.

We aim to collect only the information reasonably necessary to respond to enquiries and provide our services.

We may use information to:

• Respond to enquiries and consultation requests.
• Understand business and investment requirements.
• Assess business sale, acquisition, franchise and investment opportunities.
• Communicate with clients about services and next steps.
• Facilitate authorised business introductions and transaction discussions.
• Maintain business records and meet applicable legal obligations.
• Improve our website and services.

We do not sell personal information to third parties.

We understand that business transactions and investment discussions may involve commercially sensitive information.

We treat enquiries and business information confidentially and limit access to those who reasonably need it to provide our services.

Where appropriate and authorised, we may share relevant information with prospective buyers, sellers, investors, professional advisers and service providers.

Submitting a general enquiry does not automatically authorise Sonar to disclose confidential business or transaction information to prospective counterparties.

We may disclose information where required by applicable law.

Sharing Information with External Resource Partners

To support our business brokerage, marketing and advisory services, we may share relevant client and business information with trusted external resource partners, including marketing specialists, business consultants, accountants, legal advisers, financial professionals and other service providers working with Sonar Business Advisors.

Information may be shared where reasonably necessary to promote business opportunities, identify potential buyers or investors, facilitate transactions, or deliver professional services requested by our clients.

We will limit information sharing to what is necessary for the relevant purpose and take reasonable steps to ensure our partners handle it confidentially and appropriately. Where required, we will obtain client authorisation before sharing personal or commercially sensitive information.

As part of our brokerage and advisory services, Sonar Business Advisors may advertise and promote business sale, acquisition, franchise and investment opportunities through our website, social media, online marketplaces, business listing platforms, professional networks and other relevant marketing channels.

Where a client engages Sonar to market or promote a business or investment opportunity, the client authorises Sonar, subject to the agreed scope of services, to prepare, publish, distribute and share relevant business information to attract potential buyers, sellers, investors and business partners.

Promotional information may include business descriptions, industry, general location, business highlights, investment requirements, indicative financial information and other relevant opportunity details.

We take reasonable steps to protect commercially sensitive information. Personal contact details, business owner identities, detailed financial records and other confidential information will not be publicly disclosed without appropriate authorisation or another lawful basis.

We may also share relevant opportunity information directly with prospective buyers, sellers, investors and professional advisers to facilitate introductions and discussions.

Advertising and promotional activities will be undertaken in accordance with applicable privacy laws and agreed confidentiality or marketing arrangements.

We take reasonable administrative and technical measures to protect information against unauthorised access, disclosure, alteration or loss.

However, no electronic communication or data storage system can be guaranteed to be completely secure.

Please avoid submitting highly sensitive financial, identification or transaction documents through the general website enquiry form.

We retain personal and business information only for as long as reasonably necessary to manage enquiries, provide services, maintain appropriate records and comply with applicable legal obligations.

When information is no longer required, we take reasonable steps to delete or securely dispose of it.

Our website may use essential cookies or similar technologies to support website functionality.

If optional analytics, advertising or tracking technologies are introduced, we will update this policy and provide any notices or choices required by applicable law.

Our website may contain links to external websites or communication services, including WhatsApp.

These services may operate under their own privacy policies and terms. Sonar is not responsible for the privacy practices of independent third-party websites.

Subject to applicable Sri Lankan data protection laws, you may have rights to request access to, correction of or deletion of your personal information and to raise concerns about how it is handled.

You may contact us regarding privacy-related requests. We will respond in accordance with applicable legal requirements.

We may update this Privacy Policy to reflect changes in our services, website operations or legal requirements.

The latest version will be published on our website with its updated date.

Sonar Business Advisors

Colombo, Sri Lanka

Email: [email protected]

Phone: +94 77 385 6744

Website: https://sonar.lk