CYPHR · Terms

Terms of use

Last updated: 2026-10-25

These terms, between you and CYPHR Group Inc., cover cyphrgroup.com and the documents we deliver. By using any of these you agree to the terms below. If you are using them for a company, you are agreeing for that company.

What CYPHR is, and is not

CYPHR is an ownership intelligence company. We build the verified record of who owns the local businesses in the licensed industries consolidation is moving through, and we turn it into the work it takes to act on it: where to buy, what to buy, and how to make it work. Every row is sourced and dated; a date tells you when we read a source, not that it is still current today. The Register on this site publishes passages of law the same way, each with its source and the date we checked it.

What we deliver is information for your own judgement. It is not legal, tax, valuation, capital-raising or other licensed professional advice. CYPHR is not a law firm or an accounting firm, no professional relationship is created by using it, and you should have a qualified professional review anything you intend to rely on. CYPHR does not introduce investors, transmit offers or take compensation on outcome.

Prices and payment

Prices and what is included are as stated on the order page at the time you buy. Documents are paid for up front, as the order page sets out: in full in advance, or, for a firm paying against a purchase order, by the deposit stated there. Where an order form and these terms differ, the order form governs.

Use of what we deliver

Documents we deliver are for your own use: your firm, and the people your order form permits, such as your advisers. They are not for resale or bulk redistribution.

Your responsibilities

Use the services lawfully. Do not try to get past access limits, scrape at volume, or interfere with the service.

Our responsibilities and their limits

We work carefully and cite our sources, and we say plainly where we have not confirmed something. Beyond that, the services and documents are provided without warranty of any kind, express or implied, including fitness for a particular purpose. To the fullest extent the law allows, CYPHR is not liable for indirect, consequential or special losses, and our total liability for any claim is limited to the fee you paid for the document or service the claim concerns. Nothing here limits liability that cannot lawfully be limited.

Corrections

A business can ask us to review or correct its row, as set out on our Data and responsibility page. We check it against the source, correct the record, date the correction, and reply. A buyer's correction terms are also in its order form.

Content and marks

The selection, arrangement and commentary on this site and in what we deliver are CYPHR's. Public records, statutes, regulations and agency documents belong to their issuing authorities, and we cite them so you can read the original. "CYPHR" and the CYPHR key mark are ours.

Ending, changing, governing law

We may suspend access that breaks these terms. We may change these terms; the date at the top moves when we do, and continued use after that is acceptance. These terms are governed by the laws of the State of New York, and any dispute goes to the state or federal courts sitting in New York. Questions: info@cyphrgroup.com.

What a Velocity report is and isn't

Every Velocity report carries these.

  1. Not legal advice. A Velocity deliverable is an analysis product — a cited, dated baseline. It does not create an attorney-client relationship and is built to be handed to the client's counsel of record, not to replace them.
  2. No investment advice, no fiduciary determinations, no valuation opinion, no negotiating position. The deliverable does not recommend whether to transact, at what price, or on what terms, and is never an attestation of value on which a party is entitled to rely.
  3. No interpretive compliance advice, and no document that serves as evidence of a client's compliance posture.
  4. Currency is dated, not continuous. Every claim carries the date its basis was last checked; the deliverable speaks as of those dates and does not update after delivery.
  1. Market figures are as-of, not current. Every figure speaks as of its stated data cutoff and its source's own as-of date. The deliverable does not update after delivery.
  2. An informed estimate is labelled as such, with its method printed. No estimate is presented in the visual register of a measured figure.
  3. No market share is asserted for a named third party from a secondary source alone where that party's own filings are the primary record.
  4. Client-named competitors and client-stated position are printed as such. They are inputs the client gave, not findings the deliverable made.
  5. Maps are exhibits of the evidence, not of the territory. A map shows the participants and areas the sources enumerate as of their dates; an unplotted participant is a limitation, not an absence. Estimate layers are drawn as estimates.