Checklist for evaluating an investment teaser?

Given an industry agnostic firm, what would you say is a solid checklist for evaluating investment teasers in order to decide which companies to pass on vs which to continue with the analysis process?

 

The check list could literally be your fund's website i.e. fund's focus:

  • industry/product match?

  • revenues? (i.e. size & stage: growth/restructuring/etc.) --> potential platform vs. buy & build?

  • profitability? (may hint equity ticket size)

 
patavest:
The check list could literally be your fund's website i.e. fund's focus:
  • industry/product match?

  • revenues? (i.e. size & stage: growth/restructuring/etc.) --> potential platform vs. buy & build?

  • profitability? (may hint equity ticket size)

I appreciate your response. To add some color, this would be for a profitable growth and mature stage private equity investment opportunities. I am curious if anybody has a regular checklist they uniformly apply to evaluating teasers, for example:

  1. Industry attractiveness
  2. Revenue & % growth
  3. EBITDA margin (variable by industry, but what % would be a threshold for passing?)
  4. Management team
  5. Value proposition clearly stated?
  6. Clear competitive advantage?
 
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