It's very important to know what you are looking for and drafting an acquisition criteria will help you focus on the types of companies you should be buying rather than opportunities presented to you.
Example of an Acquisition Criteria:
- Geography /Location:
- Age of the company:
- End user market: e.g B2C, B2B
- Revenue Model:
Once acquisition criteria has been complied it i'll be clearer which target companies are potentially suitable or not.
Hope this helps!