Why should I look at the details of each transaction in the Pratts Stats database?
This is important because the MVIC prices do not indicate values for the same bundles of assets and liabilities for every transaction. Pratts Stats reports deals as they occurredwhich means that each deal can represent different groupings of assets (and liabilities, if working capital was acquired), from one to another. In order to use the data, you should look at the transaction report to see what transacted. You can discern this either by looking at the Asset Data in the top-middle of the transaction report, and if it says Yes to a purchase price allocation, then it indicates it is the allocation of the actual assets acquired in the transaction. Other times, if it is not listed there, then you can find it in the Additional Notes field of the transaction report towards the bottom. Further, an appraisers experience and knowledge about the transaction type and industry should assist in knowing what typically transacts in a given situation. Although the Pratt’s Stats database contains ma
