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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table sets forth the changes in the carrying amount of goodwill for each of the Company's reporting units for the years ended December 31, 2024 and 2023:
(in thousands)Thryv Marketing
Services
Thryv SaaSTotal
Balance as of December 31, 2022
$347,120 $218,884 $566,004 
Yellow Acquisition (1)
5,129 — 5,129 
Impairments(268,800)— (268,800)
Effects of foreign currency translation67 — 67 
Balance as of December 31, 2023
$83,516 $218,884 $302,400 
Keap Acquisition (2)
— 34,434 34,434 
Impairments(83,094)— (83,094)
Effects of foreign currency translation(422)— (422)
Balance as of December 31, 2024
$— $253,318 $253,318 
(1)    Yellow was included in the Thryv Marketing Services reporting unit.
(2)    Keap was included in the Thryv SaaS reporting unit.
Schedule of Finite-Lived Intangible Assets
The Company’s intangible assets and their estimated useful lives are presented in the table below:
 Estimated
Useful Lives
Client relationships
3.5 - 8 years
Trademarks and domain names
2.5 - 8 years
Covenants not to compete
3 years
The following tables set forth the details of the Company's intangible assets as of December 31, 2024 and 2023:

 
As of December 31, 2024
(in thousands)GrossAccumulated
Amortization
NetWeighted
Average
Remaining
Amortization
Period in Years
Client relationships$818,781 $(790,891)$27,890 7.4
Trademarks and domain names228,021 (221,936)6,085 7.4
Covenants not to compete5,221 (4,937)284 0.5
Total intangible assets$1,052,023 $(1,017,764)$34,259 7.4

 
As of December 31, 2023
(in thousands)GrossAccumulated
Amortization
NetWeighted
Average
Remaining
Amortization
Period in Years
Client relationships$799,882 $(787,736)$12,146 1.4
Trademarks and domain names224,423 (220,886)3,537 1.9
Covenants not to compete10,446 (7,341)3,105 0.8
Total intangible assets$1,034,751 $(1,015,963)$18,788 1.4
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated aggregate future amortization expense by fiscal year for the Company's intangible assets is as follows:
(in thousands)Estimated Future
Amortization Expense
2025$8,300 
20265,930 
20274,583 
20284,223 
20293,762 
Thereafter7,461 
Total$34,259