Business Combinations and Dispositions	3 Months Ended
Mar. 31, 2023
Business Combinations [Abstract]
Business Combinations and Dispositions	5. Business Combinations and Dispositions On February 15, 2023, the Company sold Blue Cow Software, LLC and a related entity (“BCS”) within the Consumer Payments segment for cash proceeds of $41.9 million. During the three months ended March 31, 2023, the Company recognized a loss of $9.9 million associated with the sale, comprised of the difference between the consideration received and the net carrying amount of the assets and liabilities of the business within Loss on business disposition in the Company’s Condensed Consolidated Statement of Operations. The Company recognized a reduction of $35.3 million in goodwill which was related to the disposition of BCS, during the three months ended March 31, 2023 in the Consumer Payments segment, see Note 8. Goodwill for further discussion. For the three months ended March 31, 2023 and 2022, BCS contributed $1.2 million and $2.0 million to the Consumer Payments segment revenue, respectively. Transaction Expenses The Company incurred transaction expenses of $3.4 million for the three months ended March 31, 2023, related to the disposition of BCS. The Company incurred transaction expenses of $2.8 million for the three months ended March 31, 2022, related to the acquisitions of BillingTree, Kontrol and Payix. Transaction expenses are included within Selling, general and administrative expenses in the Condensed Consolidated Statements of Operations.

Business Combinations and Dispositions

3 Months Ended

Mar. 31, 2023

5. Business Combinations and Dispositions

On February 15, 2023, the Company sold Blue Cow Software, LLC and a related entity (“BCS”) within the Consumer Payments segment for cash proceeds of $41.9 million. During the three months ended March 31, 2023, the Company recognized a loss of $9.9 million associated with the sale, comprised of the difference between the consideration received and the net carrying amount of the assets and liabilities of the business within Loss on business disposition in the Company’s Condensed Consolidated Statement of Operations.

The Company recognized a reduction of $35.3 million in goodwill which was related to the disposition of BCS, during the three months ended March 31, 2023 in the Consumer Payments segment, see Note 8. Goodwill for further discussion. For the three months ended March 31, 2023 and 2022, BCS contributed $1.2 million and $2.0 million to the Consumer Payments segment revenue, respectively.

Transaction Expenses

The Company incurred transaction expenses of $3.4 million for the three months ended March 31, 2023, related to the disposition of BCS. The Company incurred transaction expenses of $2.8 million for the three months ended March 31, 2022, related to the acquisitions of BillingTree, Kontrol and Payix. Transaction expenses are included within Selling, general and administrative expenses in the Condensed Consolidated Statements of Operations.