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Debt Obligations (Tables) | 3 Months Ended
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Mar. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Outstanding debt obligations consisted of the following:
(in thousands) | March 31, 2024 |  | December 31, 2023
Term facility - matures April 27, 2027, interest rates of 11.19% and 11.21% at March 31, 2024 and December 31, 2023, respectively | $ | 652,695 |  |  | $ | 654,373 |
Revolving credit facility - $65.0 million line as of March 31, 2024 and December 31, 2023, matures April 27, 2026, interest rate of 10.20% at March 31, 2024 and December 31, 2023 | — |  |  | — |
Total debt obligations | 652,695 |  |  | 654,373 |
Less: current portion of long-term debt | (6,712) |  |  | (6,712) |
Less: unamortized debt discounts and deferred financing costs | (14,631) |  |  | (15,696) |
Long-term debt, net | $ | 631,352 |  |  | $ | 631,965 |
Schedule of Interest Expense for Outstanding Debt | Interest expense for outstanding debt, including fees for undrawn amounts and amortization of deferred financing costs and debt discounts was as follows:
|  |  | Three Months Ended March 31,
(in thousands) |  |  |  |  | 2024 |  | 2023
Interest expense(1),(2) |  |  |  |  | $ | 20,880 |  |  | $ | 17,699 |
(1)Included in interest expense is $1.0 million and $0.1 million related to the accretion of contingent consideration from acquisitions for the three months ended March 31, 2024, and 2023, respectively. (2)Interest expense included amortization of deferred financing costs and debt discounts of $1.1 million and $0.9 million for the three months ended March 31, 2024, and 2023, respectively.

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