Pratt’s Stats, the private-company transaction database from Business Valuation Resources, now contains details of more than 24,000 private-company transactions. However, more important than the number of transactions is the continuing quality and breadth of the data. Thanks to Pratt’s Stats users, BVR continues to improve the product and introduce it to valuation stakeholders beyond the business appraisal market.

Pratt comments: In a recent interview, Shannon Pratt (Shannon Pratt Valuations) reflected on how the database came about back in 1996. “Back then, there was no data for privately held companies, so I started collecting the data from business brokers,” he recalls. “It’s not perfect, but it has more data points than any database of its kind. And it has survived and prospered. I’m very proud of that—it’s been very useful to a lot of people. I tried to put in everything you’d find in a public-company database.” The full interview with Pratt is in the October issue of Business Valuation Update (subscription required).

To learn more about Pratt’s Stats, click here.