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ACQUISITIONS (Tables)
9 Months Ended
Sep. 30, 2022
Schedule of purchase price associated with business acquisitions and the allocation thereof

    

2022

Number of business acquisitions closed

    

11

Consideration:

Cash due at closing

$

356,854

Estimated working capital adjustment and other

889

Cash due subsequent to closing at net present value

9,611

Fair market value of Focus LLC common units issued at closing

23,432

Fair market value of estimated contingent consideration

28,869

Total consideration

$

419,655

Allocation of purchase price:

Total tangible assets

$

24,921

Total liabilities assumed

(29,072)

Customer relationships

232,125

Management contracts

8,805

Goodwill

181,302

Other acquired intangibles

1,574

Total allocated consideration

$

419,655

Asset acquisitions  
Schedule of intangible assets acquired

    

Number of years

Customer relationships

9

Management contracts

7

Other acquired intangibles

5

Weighted-average useful life of all intangibles acquired

9