Deal Screening for Business Buyers

Screen deals in minutes,
not days

AI-powered deal screening for anyone evaluating a business to buy. Upload a CIM, financial summary, or broker listing URL and get a scored deal card with industry research, red flags, and a deal memo — in minutes, not days.

Whether you're a first-time buyer on BizBuySell or a search fund operator screening 50 deals a month, Turnstone gives you the analysis a $500/hour advisor would — in 5 minutes.

Start Screening Free

7 free screens — no credit card required.

How It Works

From listing to scored deal in three steps

1
Upload or Paste

Drop a PDF or paste a listing URL from BizBuySell, Flippa, Axial, or any broker site. Works with CIMs, teasers, broker packages, and financial summaries.

2
AI Screens in Minutes

Our AI extracts financials, scores 15 qualitative factors across three pillars, flags risks, and researches the industry utilizing our specialized frameworks.

3
Review & Decide

Get a scored deal card, industry analysis, and review valuation targets. Decide to pass or pursue in minutes, not hours.

Features

Everything you need to screen smarter

Purpose-built for business buyers — from your first listing to your hundredth.

Document Analysis

CIMs, teasers, broker packages, financial summaries — upload any PDF or paste a listing URL and get structured data extraction with confidence tags.

15-Factor Scoring

Three weighted pillars — Revenue Quality, Operating Model, and Return Levers — scored 1-5 with confidence levels and rationale for each factor.

Red Flag Detection

Surfaces financial inconsistencies, oversized add-backs, customer concentration, revenue decline, and owner dependency before you waste time on a bad deal.

Industry Research

Live web search pulls current market size, M&A multiples, competitive dynamics, and regulatory risks for every deal's industry.

Deal Pipeline

Track every deal from initial screen through LOI and close. Sort by score, filter by stage, compare side-by-side.

LBO & Waterfall Models

Model leveraged buyout returns and equity waterfall distributions on every deal. Adjust assumptions and see results instantly.

Pricing

Simple, transparent pricing

Start free. Upgrade when you're ready to screen at scale.

Introductory
$0 to start

7 screens to experience the full platform

  • 7 deal screens
  • PDF upload & URL paste
  • Full pipeline access
  • LBO & waterfall models
Get Started
FAQ

Frequently Asked Questions

What is AI deal screening?

AI deal screening uses artificial intelligence to analyze business acquisition documents — CIMs, financial summaries, and broker listings — and produce a scored deal card with red flags, industry research, and a recommendation in minutes instead of the hours it takes manually.

How does Turnstone screen a CIM?

Turnstone extracts financial data from your uploaded document, scores the deal across 15 qualitative factors grouped into three pillars (Revenue Quality, Operating Model, and Return Levers), flags risks like customer concentration or declining revenue, and researches the industry — all automatically in about 5 minutes.

How long does it take to screen a deal?

Most deals are fully screened in 2 to 5 minutes. PDF uploads are faster (2-3 minutes) while URL-based screens take slightly longer (3-5 minutes) because they include live web research. Manual screening of the same deal typically takes 45 minutes to an hour.

What types of documents can I upload?

Turnstone accepts PDFs (CIMs, teasers, broker packages), Excel spreadsheets (financials, P&L statements), Word documents, CSV files, and images. You can also paste a listing URL from BizBuySell, Flippa, Axial, or any broker website and Turnstone will extract the data directly.

How much does Turnstone cost?

Turnstone offers a free Introductory tier with 7 lifetime deal screens — no credit card required. The Pro plan starts at $9.99/month plus $0.50 per screen for the first 3 months, then $24.99/month plus $0.50 per screen. Most users screen 10-20 deals per month, making the per-screen cost less than a single hour of advisor time.

Is my deal data secure?

Yes. Turnstone uses row-level security in PostgreSQL so each user's data is isolated at the database level. Authentication is handled by Auth0, documents are stored in encrypted private buckets, and AI processing happens through Anthropic's API which does not train on your data. See our security practices page for full details.

Who is Turnstone built for?

Turnstone is built for anyone evaluating a business to buy — search fund entrepreneurs screening 50+ deals per month, independent sponsors reviewing broker deal flow, first-time buyers on BizBuySell or Flippa, and M&A advisors managing client pipelines. If you're reading CIMs, Turnstone saves you time.

How is Turnstone different from screening deals manually?

Manual screening means reading a 30-page CIM, building a spreadsheet, researching the industry, and forming a view — typically 45 minutes per deal. Turnstone automates all of this: it extracts financials, scores 15 factors, flags risks, researches the industry, and produces a deal memo in under 5 minutes with consistent methodology across every deal.

Free Publication

Weekly Deal Evaluations

Every week, we screen real, publicly listed businesses on Turnstone Insights. See exactly how the scoring works, where the red flags hide, and whether we'd recommend advancing to diligence.

Learn to screen like a pro — even before you sign up.

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