Acquisitions (Tables)

6 Months Ended

Jun. 30, 2021

Business Combination and Asset Acquisition [Abstract]

The table below summarizes the fair value of the assets acquired and liabilities assumed as of the acquisition date:


	Weighted Average Amortization Period (years)	Initial Purchase Price Allocation at March 31, 2021		Measurement Period Adjustment		Preliminary Purchase Price Allocation at June 30, 2021
Cash		$	29.9	$	—	$	29.9
Accounts receivable		61.0		—		61.0
Other current assets		13.1		—		13.1
Total current assets		104.0		—		104.0
Property, plant & equipment		3.5		—		3.5
Intangible assets:
Reacquired right	15	271.0		(1.0)		270.0
Database	12	116.0		(5.0)		111.0
Customer relationships	10	106.0		2.0		108.0
Technology	14	65.0		(1.0)		64.0
Goodwill		488.4		2.6		491.0
Right of use asset		26.7		1.1		27.8
Other		5.2		(2.3)		2.9
Total assets acquired		$	1,185.8	$	(3.6)	$	1,182.2

Accounts payable		$	17.5	$	—	$	17.5
Deferred revenue		80.6		—		80.6
Accrued payroll		20.7		—		20.7
Accrued income tax and other tax liabilities		17.1		—		17.1
Short-term lease liability		8.4		—		8.4
Other current liabilities		23.7		—		23.7
Total current liabilities		168.0		—		168.0
Long-term pension and postretirement obligations		65.4		—		65.4
Deferred tax liability		127.6		(4.2)		123.4
Long-term lease liability		18.2		0.6		18.8
Other liabilities		0.8		—		0.8
Total liabilities assumed		$	380.0	$	(3.6)	$	376.4
Total consideration		$	805.8	$	—	$	805.8

Schedule of Future Amortization of Computer Software and Other Intangible Assets

The table below sets forth the future amortization as of June 30, 2021 associated with intangible assets recognized as a result of the acquisition of Bisnode:


	Remainder of 2021		2022		2023		2024		2025		Thereafter		Total
Reacquired Right	$	9.0	$	18.0	$	18.0	$	18.0	$	18.0	$	180.3	$	261.3
Technology	4.3		7.9		7.3		6.7		6.1		27.6		59.9
Customer Relationship	9.9		17.8		15.8		13.8		11.8		29.4		98.5
Database	9.9		17.6		15.4		13.2		11.0		33.6		100.7
Total	$	33.1	$	61.3	$	56.5	$	51.7	$	46.9	$	270.9	$	520.4

Schedule of Pro Forma Information

The following pro forma statements of operations data presents the combined results of the Company and Bisnode, assuming that the acquisition had occurred on January 1, 2020.


	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Reported revenue	$	520.9	$	418.7	$	1,025.4	$	814.4
Pro forma adjustments:
Pre-acquisition revenue - Bisnode	—		93.5		4.6		190.4
Adjustments to Bisnode pre-acquisition revenue related to revenue received from Dun & Bradstreet Holdings, Inc.	—		(4.2)		—		(8.3)
Adjustments to Dun & Bradstreet revenue related to revenue received from Bisnode	—		(8.6)		—		(17.0)
Total pro forma revenue	$	520.9	$	499.4	$	1,030.0	$	979.5

Reported net income (loss) attributable to Dun & Bradstreet Holdings, Inc.	$	(51.7)	$	(208.0)	$	(76.7)	$	(166.1)
Pro forma adjustments - net of tax effect:
Pre-acquisition net income - Bisnode	—		15.0		0.8		16.1
Intangible amortization - net of tax benefits	(0.8)		(12.8)		(0.9)		(25.6)
Write off related to pre-existing relationship - net of tax benefits	—		—		2.3		(2.3)
Transaction costs - net of tax benefits	—		—		0.3		3.5
Pro forma net income (loss) attributable to Dun & Bradstreet Holdings, Inc.	$	(52.5)	$	(205.8)	$	(74.2)	$	(174.4)