Legal
Terms of Service
Effective date: August 21, 2026
1. Agreement to Terms
By accessing or using Acquire Scout ("the Service," "we," "us"), you agree to be bound by these Terms of Service and our Privacy Policy. If you do not agree, do not use the Service.
These Terms constitute a legally binding agreement between you and Acquire Scout LLC ("Company"). We may update these Terms from time to time; continued use after notice of a change constitutes acceptance.
2. Description of Service
Acquire Scout is a software-as-a-service platform that helps acquisition entrepreneurs discover, analyze, and track businesses listed for sale on third-party marketplaces. Features include deal scoring, AI-assisted due-diligence analysis, pipeline tracking, document review tools, deal modeling, Letter of Intent drafting, and Ask Scout, an in-app AI assistant that answers questions about your pipeline. We may review chat transcripts to operate, debug, and improve the assistant, as described in our Privacy Policy.
The Service aggregates publicly available listing data from third-party marketplaces. We are not a business broker, investment adviser, or financial institution. Nothing in the Service constitutes financial, legal, tax, or investment advice.
3. Account Registration
You must be at least 18 years old and legally capable of entering contracts to create an account. You agree to provide accurate information and to keep it current. You are responsible for maintaining the confidentiality of your credentials and for all activity under your account.
You may not share your account credentials or allow others to access the Service through your account. Notify us immediately at legal@acquirescout.com if you suspect unauthorized access.
4. Document Uploads — Your Warranty
The Service may allow you to upload confidential information memoranda (CIMs), financial statements, tax returns, or other deal documents for AI-assisted analysis. By uploading a document, you represent and warrant that:
- You have the legal right to share the document with us for processing purposes.
- If the document is subject to an NDA or confidentiality agreement, you have confirmed that using a SaaS analysis tool is permitted under its terms, or you have obtained appropriate authorization.
- The document does not contain malware or malicious code.
You retain ownership of your uploaded documents. We process them solely to provide the analysis you request. See our Privacy Policy for retention and deletion details.
5. Subscriptions and Payment
Certain features require a paid subscription. Subscription fees are billed in advance on a monthly or annual basis. All fees are in USD and are non-refundable except as required by law or as expressly stated in our refund policy.
You may cancel your subscription at any time through your account settings. Your access continues until the end of the current billing period. We reserve the right to change pricing with 30 days' notice.
6. Acceptable Use
You agree not to:
- Scrape, crawl, or otherwise systematically extract data from the Service beyond normal browser use.
- Reverse-engineer, decompile, or attempt to derive source code from the Service.
- Use the Service to build a competing product or to resell the Service without written authorization.
- Upload content that infringes third-party intellectual property rights or violates applicable law.
- Interfere with the integrity or performance of the Service or its underlying infrastructure.
7. Third-Party Listings and Data Accuracy
Listing data displayed in the Service is sourced from third-party marketplaces (e.g., Acquire.com, Flippa, Quiet Light). We do not independently verify the accuracy of listing information, seller representations, or financial figures.
AI-generated scores, analysis, and verdicts are probabilistic outputs intended to help you focus your due diligence. They are not guarantees of accuracy and should not be the sole basis for any acquisition decision. Always consult qualified professionals before completing a transaction.
8. AI-Generated Diligence Analysis — Not Financial Advice
The Diligence Analysis, including its scores, verdicts, adjusted earnings figures, and diligence plans, is generated by artificial-intelligence models from documents supplied for the deal. AI can make mistakes. Figures may be misread, omitted, or attributed to the wrong period, and narrative conclusions may be incorrect or incomplete.
The analysis is provided for informational purposes only. It is not financial, investment, legal, tax, or accounting advice, and it is not an audit, review, or compilation performed under any professional standard. It does not replace a Quality of Earnings report, nor the engagement of a qualified accountant, attorney, or transaction advisor acting on your behalf.
You are solely responsible for verifying every figure and statement against the underlying source documents before acting on it. You rely on the analysis, and on any decision you make in reliance on it, entirely at your own risk. Subject to Section 13, Acquire Scout LLC accepts no liability for any loss arising from your reliance on the analysis.
9. Letter of Intent Generator — Not Legal Advice
The Letter of Intent ("LOI") generator is a document-assembly tool. It produces an editable draft from figures and terms you supply. Acquire Scout LLC is not a law firm and does not practice law; using the generator creates no attorney-client relationship, and nothing it produces is legal advice.
Any LOI you generate, edit, export, or send is your document. You are responsible for its contents, its accuracy, and its legal effect, including whether any part of it is binding on you or on the recipient.
Acquire Scout LLC does not take on legal responsibility or liability for any dispute, claim, or litigation arising out of, or in relation to, the generation, contents, delivery, or use of a Letter of Intent produced through the Service. Consult a qualified attorney before submitting a Letter of Intent or any other transaction document.
10. Deal Calculator — Projections, Not Forecasts
The Deal Calculator computes financing structures, debt service, cash flow, and returns from assumptions you enter — purchase price, down payment, loan terms, seller notes, tax rate, and similar inputs. Its outputs are arithmetic on those assumptions. They are projections, not forecasts, and not a prediction of what the business will actually earn or what a lender will actually offer.
The revenue and earnings figures the Calculator starts from are taken from the third-party listing or from figures you entered in your worksheet. They are not audited, and the Calculator does not verify them. Actual lending terms, interest rates, taxes, closing costs, and working-capital requirements vary by deal, by lender, and by jurisdiction.
Calculator output is not financial, investment, legal, tax, or accounting advice. Confirm any structure with your lender, accountant, and attorney before committing to it. You rely on these projections entirely at your own risk, and subject to Section 13, Acquire Scout LLC accepts no liability for any loss arising from that reliance.
11. Intellectual Property
The Service, including its software, design, scoring models, and original content, is owned by Acquire Scout LLC and protected by copyright, trademark, and other intellectual property laws. Your subscription grants a limited, non-exclusive, non-transferable license to access and use the Service for your own acquisition research.
You retain all rights in content you upload. By uploading, you grant us a limited license to process that content solely to provide the requested features.
12. Disclaimer of Warranties
THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF HARMFUL COMPONENTS.
13. Limitation of Liability
TO THE FULLEST EXTENT PERMITTED BY LAW, ACQUIRE SCOUT LLC AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUES, WHETHER INCURRED DIRECTLY OR INDIRECTLY, OR ANY LOSS OF DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM YOUR USE OF OR INABILITY TO USE THE SERVICE.
IN NO EVENT WILL OUR AGGREGATE LIABILITY EXCEED THE GREATER OF (A) THE AMOUNT YOU PAID US IN THE TWELVE MONTHS PRECEDING THE CLAIM OR (B) ONE HUNDRED U.S. DOLLARS ($100).
14. Indemnification
You agree to indemnify, defend, and hold harmless Acquire Scout LLC and its affiliates from and against any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to your use of the Service, your violation of these Terms, or your violation of any third-party right, including without limitation any NDA or confidentiality obligation.
15. Termination
We may suspend or terminate your account at any time for violation of these Terms or for any other reason with reasonable notice. You may terminate your account at any time by contacting support. Upon termination, your right to use the Service ceases immediately.
16. Governing Law and Dispute Resolution
These Terms are governed by the laws of the State of California, without regard to its conflict-of-law principles. Any dispute arising under these Terms will be resolved by binding arbitration in San Francisco, California, under the JAMS Streamlined Arbitration Rules, except that either party may seek injunctive relief in a court of competent jurisdiction. You waive any right to a jury trial or class-action proceeding.
Any claim must be brought within one (1) year of the event giving rise to it or be forever barred.
17. Miscellaneous
These Terms, together with the Privacy Policy, constitute the entire agreement between you and Acquire Scout regarding the Service. If any provision is found unenforceable, the remaining provisions remain in full force. Our failure to enforce any right or provision is not a waiver. You may not assign your rights under these Terms without our written consent.
18. Contact
Questions about these Terms? Email us at legal@acquirescout.com.