ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the purchase consideration transferred in connection with the Merger and consists of the following:

(in thousands)
Cash consideration	$	656,174
Contingent consideration payable to former owners and working capital payable	6,562
Equity rollover	39,327
Total consideration	$	702,063

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the acquisition date fair value of the allocation of the purchase consideration assigned to each major class of assets acquired and liabilities assumed as of September 4, 2019, the closing date of the Merger:

	Preliminary allocation		Measurement period adjustments		Final allocation
(in thousands)
ASSETS ACQUIRED
Cash	$	21,459	$	—	$	21,459
Accounts receivable	37,657		—		37,657
Inventories, net	1,633		—		1,633
Prepaid expenses and other current assets	8,100		—		8,100
Restricted cash	8,423		—		8,423
Property and equipment, net	17,588		—		17,588
Other assets, net	1,149		—		1,149
Total identifiable assets acquired	96,009		—		96,009
Fair value of intangible assets
Tradenames	27,300		—		27,300
Customer relationships	189,000		—		189,000
Technology	47,800		—		47,800
Total fair value of intangible assets acquired	264,100		—		264,100
Goodwill	455,006		200		455,206
Total Assets Acquired	$	815,115	$	200	$	815,315
LIABILITIES ASSUMED
Accounts payable	$	6,123	$	—	$	6,123
Deferred revenue	3,879		—		3,879
Accrued expenses	25,203				25,203
Capital lease obligations	595		—		595
Deferred taxes, net	29,595		200		29,795
Contingent consideration from prior acquisitions	40,371		—		40,371
Other long-term liabilities	7,286		—		7,286
Total Liabilities Assumed	$	113,052	$	200	$	113,252
Total consideration transferred	$	702,063	$	—	$	702,063

Business Acquisition, Pro Forma Information

The unaudited pro forma combined results, which assumes the Merger was completed on January 1, 2019 are as follows for the year ended December 31, 2019:

(in thousands)	Revenue		Net Loss
2019 supplemental pro forma from January 1, 2019 through December 31, 2019	$	220,993	$	(20,815)