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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the consideration transferred and the preliminary purchase price allocation of the fair values of the assets acquired and liabilities assumed at the Keap Acquisition Date:
(in thousands) |  |
Current assets |  | $ | 3,024 |
Fixed assets and capitalized software |  | 8,149 |
Intangible assets: |  |
Client relationships |  | 27,300 |
Trademarks and domain names |  | 5,700 |
Covenants not to compete |  | 300 |
Deferred tax assets |  | 11,130 |
Other assets |  | 4,730 |
Current liabilities |  | (15,280) |
Other liabilities |  | (2,600) |
Goodwill |  | 34,434 |
Fair value allocated to net assets acquired |  | $ | 76,887 |
The following table summarizes the assets acquired and liabilities assumed at the Yellow Acquisition Date:
(in thousands) |  |
Current assets |  | $ | 2,438 |
Fixed and intangible assets |  | 5,565 |
Other assets |  | 457 |
Current liabilities |  | (3,533) |
Other liabilities |  | (1,159) |
Goodwill |  | 5,129 |
Fair value allocated to net assets acquired |  | $ | 8,897 |
The following table summarizes the assets acquired and liabilities assumed at the Vivial Acquisition Date:
(in thousands) |  |
Current assets |  | $ | 27,705 |
Fixed and intangible assets |  | 9,759 |
Deferred tax assets |  | 14,530 |
Other assets |  | 2,103 |
Current liabilities |  | (18,775) |
Other liabilities |  | (1,646) |
Bargain purchase gain |  | (10,883) |
Fair value allocated to net assets acquired, net of bargain purchase gain |  | $ | 22,793 |
Schedule of Business Acquisition, Pro Forma Information | The pro forma financial information is not necessarily indicative of the consolidated results of operations that would have been realized had the Keap Acquisition been completed as of January 1, 2023, nor is it meant to be indicative of future results of operations that the combined entity will achieve.
| Years Ended December 31,
(in thousands) (unaudited) | 2024 |  | 2023
Revenue | $ | 894,968 |  |  | $ | 1,005,222 |
Net (loss) | (71,461) |  |  | (265,489) |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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