Legal
Privacy Policy
How personal information is collected, used, shared, and retained.
- Effective date
- August 5, 2026
- Version
- 1.0
01Scope and controller
This Privacy Policy describes how Labs Acquisition Company, LLC handles personal information provided through Labsacquire. Labs Acquisition Company, LLC is the controller of that information. Labs Companies, Inc. is a Delaware corporation with its principal place of business in California.
For the Opportunity Submission process specifically, the Acquisition Terms govern where they address the same subject; the Terms of Use govern use of the Website; and the Data Handling page explains operational practice in plain language.
02Categories of information
Depending on how you use the Website, we may process:
- Contact and role information you provide — name, email, optional phone, and your relationship to the Opportunity.
- Opportunity information — descriptions of the company, technology, intellectual property, product, research, or asset.
- Financial and operational figures you choose to enter.
- Transaction preferences and valuation assumptions you choose to attach.
- Files you attach, and the information contained in them.
- Certification records — the terms version accepted, typed legal name, and submission timestamp.
- Correspondence with Labs about a Submission.
- Technical information such as IP address and user agent, where lawful, associated with an acceptance event.
What we do not want. We do not ask for Social Security numbers, government identification numbers, bank credentials, payment-card data, biometric identifiers, precise geolocation, or medical information. Please do not provide them. If sensitive information reaches us unsolicited, we delete it once identified, except where retention is legally required.
Source. Nearly all information comes directly from you. We do not buy personal information, and we do not build profiles from data brokers.
03How information is used
- To operate the Website and the valuation calculator.
- To evaluate an Opportunity and route it to authorized reviewers.
- To communicate with you about a Submission.
- To perform compliance, conflicts, sanctions, fraud, and security checks.
- To maintain records and evidence of terms acceptance.
- To secure the Website, diagnose faults, and prevent abuse.
- To comply with legal obligations and to establish, exercise, or defend legal claims.
- To enforce the Acquisition Terms and Terms of Use.
04Legal bases for processing
Where the GDPR, UK GDPR, or a similar law applies, we rely on the following bases:
- Legitimate interests — evaluating Opportunities, operating and securing the Website, preventing fraud and abuse, and maintaining records of agreement. We balance these against your rights and interests.
- Steps prior to a contract — responding to a Submission you initiate and corresponding with you about it.
- Legal obligation — compliance, sanctions screening, tax, and recordkeeping duties.
- Consent — where we ask for it, such as optional communications. You may withdraw consent at any time, without affecting processing already carried out.
05Information that stays on your device
Submission drafts and standalone calculator inputs are stored in your browser on your device and are not transmitted to Labs before you intentionally submit. Clearing your browser storage deletes them, and Labs cannot recover them. See Data Handling.
07Automated processing and model training
Submission Content is not used to train generalized public models, and third-party providers are not permitted to use it to train their generalized models. Automated tools may be used to secure, organize, search, summarize, or route a Submission, subject to access controls and human oversight. No automated system issues an acceptance or rejection, and no decision producing legal or similarly significant effects is made solely by automated means.
09Security
We apply administrative, technical, and organizational safeguards designed to protect information, including encryption in transit, restricted internal access on a need-to-know basis, and logging of access to Submission records.
No website, transmission method, or storage system can be guaranteed completely secure. You are responsible for the security of the device and email account you use. If we become aware of a breach affecting your personal information, we will notify you and any regulator as required by applicable law.
10Retention
Drafts and calculator inputs: This device only (browser storage). Never transmitted before you submit.
Submissions: Submission records are retained while an Opportunity is under consideration and afterward only as needed for legal, security, fraud-prevention, evidentiary, and recordkeeping purposes.
Acceptance records — the terms version, typed name, and timestamp — are kept for as long as needed to evidence agreement and any related limitation period. When information is no longer needed, it is deleted or aggregated so it no longer identifies you.
11Your choices and rights
Depending on where you live, you may have rights to access, correct, delete, port, or restrict processing of your personal information, to object to processing based on legitimate interests, to withdraw consent, and to appeal a decision we make about your request.
Send requests to privacy@labsacquire.com. A request is not effective until received and reasonably authenticated; we may ask for information to verify your identity, and we use that information only to process the request. We respond within the time applicable law allows. There is no charge unless a request is excessive or repetitive.
Authorized agents. You may use an authorized agent where law permits, with proof of authority.
No retaliation. We will not discriminate against you for exercising these rights.
We may retain records where law, security, fraud prevention, or dispute resolution requires it, and we will tell you when an exception applies.
12California privacy rights
If you are a California resident, the California Consumer Privacy Act, as amended by the CPRA, gives you the rights to know, delete, correct, and limit, plus the right to opt out of sale or sharing and the right against retaliation.
We do not sell or share personal information as those terms are defined by the CCPA, and we have not done so in the preceding twelve months. We do not use or disclose sensitive personal information for purposes requiring a right to limit.
The categories we collect map to the CCPA as identifiers, commercial information, professional or employment-related information, internet activity information, and inferences drawn only for routing an Opportunity internally. The business purposes, sources, recipients, and retention periods are described in Sections 2, 3, 6, and 10.
California’s “Shine the Light” law: we do not disclose personal information to third parties for their own direct-marketing purposes.
Exercise these rights at privacy@labsacquire.com.
13Other United States privacy laws
Residents of states with comprehensive privacy laws — including Virginia, Colorado, Connecticut, Utah, Texas, Oregon, and Montana, among others — have comparable rights to access, correct, delete, obtain a copy of, and opt out of certain processing of personal information, along with a right to appeal a refused request. We do not conduct targeted advertising, sell personal information, or engage in profiling that produces legal or similarly significant effects. Requests and appeals go to privacy@labsacquire.com.
14Where information is processed and international transfers
Information is processed in the United States and may be processed in other jurisdictions where Labs or its service providers operate.
If you are in the European Economic Area, the United Kingdom, or Switzerland, transferring your information to the United States means it may be accessible to authorities under laws that differ from those in your country. Where required, we rely on the European Commission’s Standard Contractual Clauses, the UK International Data Transfer Addendum, or another lawful transfer mechanism, together with supplementary technical and contractual measures.
15Additional information for the EEA and UK
You have the right to lodge a complaint with your local supervisory authority, or with the UK Information Commissioner’s Office. We would appreciate the chance to address your concern first — write to privacy@labsacquire.com. Providing information through the Website is voluntary; if you choose not to provide it, we may be unable to evaluate an Opportunity.
16Communications
By providing your email address you consent to receive communications about your Submission and about these documents. These are transactional messages, not marketing. We do not operate a marketing list through this Website. If we ever introduce optional updates, they will require a separate opt-in and will include an unsubscribe link in every message.
17Children’s privacy
Labsacquire is intended for business use by adults and is not directed to children under 18. We do not knowingly collect information from children. If you believe a child has provided information, write to privacy@labsacquire.com and we will delete it.
18Third-party sites
The Website may link to sites Labs does not control. This Privacy Policy does not apply to them, and Labs is not responsible for their practices. Review the privacy notice of any site you visit.
19Changes to this Policy
We may update this Privacy Policy by posting a revised version with a new version number and effective date. If a change is material, we will take reasonable steps to highlight it. Continued use of the Website after a change takes effect constitutes acknowledgment of the revised Policy.
20Contact
Privacy questions and rights requests: privacy@labsacquire.com.
General questions: general@labsacquire.com.
Acquisition and Submission matters: acquisitions@labsacquire.com.
By mail:
Labs Acquisition Company, LLC
c/o Labs Companies, Inc.
9903 South Santa Monica Blvd
Suite #163
Beverly Hills, CA 90210
