Which criteria is NOT part of the screening process for Precedent Transactions?

The screening process for Precedent Transactions typically includes various key criteria that help analysts identify comparable transactions for valuation and analysis purposes. While market size, geography, industry, and financial metrics are all significant elements in this process, the concept of market size is not commonly used as a standalone criterion when screening for precedent transactions.

Instead, analysts generally focus on specific industries within particular geographical regions and employ various financial metrics to evaluate the relevancy of similar transactions that have occurred in the past. The selected criteria help provide a structured approach to ensure that the transactions used for comparison are truly comparable in terms of operational and financial characteristics.

Market size may indirectly influence the overall context of transactions but does not specifically determine the comparability of transactions to the extent that geography, industry, or financial metrics do. Therefore, not including market size as a specific criterion in the screening process supports its role as a contextual factor rather than a direct filtering criterion for finding relevant precedent transactions.