{
  "kind": "tools",
  "canonId": "019df269-22b0-70fc-b5b7-8d6ee69c15dd",
  "slug": "precedent-transactions",
  "name": "Valuation: Precedent transactions",
  "category": "Analysis",
  "description": "You apply multiples derived from comparable historical M&A transactions",
  "structure": null,
  "bestFor": null,
  "layer": "document",
  "agent": "architect",
  "agents": [
    "architect"
  ],
  "whenToUse": null,
  "whyItWorks": null,
  "narrativePurpose": null,
  "signalComponentKinds": [],
  "signalKeywords": [],
  "signalDescriptions": null,
  "antipattern": null,
  "bodyDocId": "019df22a-9e2b-7165-a5f9-f94a9758ce38",
  "bodyDocSlug": "valuation-precedent-transaction",
  "bodyDocTitle": "Valuation: Precedent transactions",
  "status": "active",
  "version": 1,
  "sequence": [],
  "arcUsages": [],
  "stats": {
    "matches": 216,
    "docs": 148,
    "slideRanges": 216,
    "avgConfidence": 0.7449074,
    "avgPages": null,
    "arcCount": 0,
    "requiredBeats": 0
  },
  "examples": [
    "table/data: Table of transactions including Target, Stage, Acquiror, Date, Value, and P/NAV",
    "table/data: All-Cash Deals: Median Premium 27%, 75th Percentile 47, 25th Percentile 17, Number of Deals 226",
    "The slide mentions specific precedent transactions (e.g., OLO's seed round and later funding)."
  ],
  "completeness": {
    "score": 43,
    "missing": [
      "when_to_use",
      "why_it_works",
      "signals",
      "antipattern"
    ]
  }
}