Acren

Acren is a business brokerage representing owners of privately held businesses.

Acren advises sellers in connection with potential business sale transactions and may identify and approach prospective buyers, manage the sale process, support negotiations and coordinate the transaction through closing.

Acren does not operate a public business-for-sale marketplace or public database of businesses.

Scope of Services

Subject to the applicable engagement, Acren may:

• assess the business and the owner's sale objectives;
• develop the sale strategy;
• identify and approach prospective buyers;
• manage buyer communications and information flow;
• coordinate meetings, offers and negotiations;
• assist with transaction process management; and
• coordinate the process through due diligence and closing.

Acren may accept, decline or discontinue an enquiry or engagement at its discretion.

Enquiries

Initial website enquiries are free.

Submitting an enquiry does not require Acren to accept a mandate, provide services, identify a buyer, commence a sale process or complete a transaction.

Information submitted through the website must be accurate and provided with the authority to disclose it.

Fees and Compensation

No fee is charged solely for submitting a website enquiry.

Acren primarily operates on a transaction-based fee model. Unless otherwise agreed in writing, the success fee is payable upon completion of the relevant sale transaction.

The applicable engagement agreement will specify the fee, payment terms, scope of services and any other commercial conditions.

No fee is payable solely because information has been submitted through the website unless a separate written agreement provides otherwise.

Role in a Transaction

Acren represents the seller under the applicable engagement.

Acren may communicate with prospective buyers and coordinate the sale process on the seller's behalf.

Acren does not independently certify the business, its financial condition, valuation, ownership, assets, liabilities or representations made by any party.

Acren does not make decisions for the seller unless expressly authorised under a separate written agreement and permitted by applicable law.

The seller remains responsible for its decisions and for obtaining appropriate professional advice.

Due Diligence and Professional Advice

The parties are responsible for conducting appropriate due diligence before entering into a transaction.

Acren may coordinate the collection and exchange of information but does not replace legal, tax, accounting, financial, technical, regulatory, valuation or other specialist advisers.

Where specialist advice or certification is required, the relevant matter should be handled by an appropriately qualified professional.

Acren may rely on information provided by the seller, prospective buyers and third parties and does not independently verify or certify that information.

Regulated Services

Acren provides only services that it is legally permitted to provide.

Acren does not provide legal, tax, accounting, audit, valuation, investment advice, securities brokerage, securities dealing or other regulated professional services unless separately authorised or registered to do so.

Nothing on this website represents that Acren is registered, licensed or authorised to conduct a regulated activity unless that status is expressly stated.

Where a transaction requires a regulated service, the relevant service may be provided by an appropriately authorised professional or entity.

Confidentiality

Acren treats information submitted through the website as private business information and applies reasonable safeguards to its handling.

The website enquiry form is not a secure data room. Do not submit passwords, payment information, privileged legal material or information that requires a dedicated secure transmission method.

Where reasonably necessary to assess or facilitate a potential transaction, Acren may share relevant information with prospective buyers, professional advisers, service providers or other transaction participants.

Acren may require a separate confidentiality or non-disclosure agreement before commercially sensitive information is disclosed.

Non-Circumvention

Where appropriate, Acren may require written terms covering non-circumvention, confidentiality, fees and related transaction matters.

A website enquiry or introduction does not by itself create a non-circumvention obligation unless established by a separate written agreement or applicable law.

Information Provided by Parties

Information concerning a business or transaction may be provided by the seller, prospective buyers or third parties.

Acren does not guarantee that such information is accurate, complete, current or independently verified.

Each party is responsible for verifying information before relying on it or entering into a transaction.

Acren is not responsible for the acts, omissions, representations, defaults or conduct of any party or third party.

No Guarantee of Transaction

Acren does not guarantee:

• a buyer;
• a particular valuation or sale price;
• financing;
• a transaction within a particular period; or
• completion of a transaction.

Acren is not responsible for a transaction failing or being delayed because of the actions, decisions or circumstances of a seller, buyer or third party.

Privacy and Cookies

Acren may collect information submitted through the website, including contact details, business information and message content.

Information may be used to:

• respond to enquiries;
• assess potential engagements;
• communicate with relevant parties;
• facilitate transaction discussions;
• maintain business records;
• operate and secure the website; and
• comply with applicable law.

Acren may use third-party providers for hosting, forms, communications, security, analytics and related services.

The website may use cookies and similar technologies for operation, security, preferences, analytics and performance. Third-party services may use their own technologies subject to their respective policies.

Personal information will be handled in accordance with applicable data-protection law.

Requests relating to applicable personal-data rights may be sent to:

office@acren.co

Intellectual Property

The Acren name, logo, website, written content, design, graphics and other original materials published by Acren are owned by or licensed to Acren unless otherwise stated.

They may not be copied, reproduced, modified, distributed or commercially used without prior written permission, except where permitted by applicable law.

Third-party names, trademarks and other intellectual property remain the property of their respective owners.

Website Information

The website is provided for general information and to facilitate business brokerage enquiries.

Acren does not warrant that the website or its content will always be available, complete, current, accurate, uninterrupted or error-free.

Nothing on the website constitutes:

• an offer to purchase or sell a business;
• a binding transaction proposal;
• a valuation;
• investment advice;
• legal, tax, accounting or other professional advice;
• a representation or guarantee regarding a business or counterparty; or
• a commitment by Acren to enter into or facilitate a transaction.

Any transaction will be governed by separate agreements between the relevant parties.

Limitation of Liability

To the maximum extent permitted by applicable law, Acren will not be liable for indirect, incidental, special, consequential or punitive loss, or for loss of profit, revenue, business opportunity, data, goodwill or anticipated savings arising from or relating to the website, an enquiry, a transaction or the acts or omissions of any third party.

Acren is not responsible for the financial position, representations, conduct, defaults or decisions of any seller, buyer, adviser, professional, service provider or other third party.

Nothing in this Legal Information excludes or limits liability that cannot lawfully be excluded or limited.

Indemnity

To the maximum extent permitted by applicable law, you agree to indemnify and hold Acren harmless from claims, losses, liabilities, damages, costs and reasonable expenses arising from:

• your breach of this Legal Information;
• unlawful conduct;
• inaccurate or misleading information supplied by you;
• misuse of the website; or
• infringement of another person's rights by information or material supplied by you.

Third-Party Services and Links

The website may contain links to third-party websites or use third-party services.

Acren does not control or assume responsibility for their content, availability, security, policies or practices.

Your use of third-party websites and services is subject to their applicable terms and policies.

Changes

Acren may update this Legal Information from time to time.

The version published on the website will apply from its stated effective date.

Governing Law

This Legal Information is governed by the laws of India.

Any dispute arising from or relating to the website, an enquiry, an engagement or Acren's activities will be subject to applicable Indian law and the jurisdiction of courts or other authorities having lawful jurisdiction over the matter.