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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Purchase Price Allocation
The table below reflects the aggregate purchase price related to the acquisition and the resulting purchase allocation:
Amortization life (years)Initial purchase price allocation at December 31, 2022Measurement Period AdjustmentsFinal Purchase Price Allocation at December 31, 2022
Cash$7.1 $— $7.1 
Accounts receivable9.3 — 9.3 
Other0.5 — 0.5 
Total current assets16.9 — 16.9 
Intangible assets:
 Customer relationships1420.0 — 20.0 
      Technology514.0 — 14.0 
      Trademark 21.0 — 1.0 
GoodwillIndefinite138.3 0.2 138.5 
Total assets acquired$190.2 $0.2 $190.4 
Deferred tax liability5.9 — 5.9 
Other liabilities12.0 0.1 12.1 
Total liabilities assumed17.9 0.1 18.0 
Total purchase price$172.3 $0.1 $172.4 
The table below reflects the aggregate purchase price related to the acquisition and the resulting purchase allocation:
Amortization life (years)Initial purchase price allocation at December 31, 2021Measurement Period AdjustmentsFinal Purchase Price Allocation at December 31, 2022
Cash$2.6 $— $2.6 
Accounts receivable2.6 — 2.6 
Other0.4 — 0.4 
Total current assets5.6 — 5.6 
Intangible assets:
Customer relationships1519.8 — 19.8 
Technology51.3 — 1.3 
Trademark20.2 — 0.2 
Database32.2 — 2.2 
GoodwillIndefinite41.9 3.6 45.5 
Total assets acquired$71.0 $3.6 $74.6 
Total liabilities assumed1.2 3.2 4.4 
Total purchase price$69.8 $0.4 $70.2 
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, 2021Measurement period adjustmentFinal purchase price allocation at December 31, 2021
Cash$29.9 $— $29.9 
Accounts receivable61.0 — 61.0 
Other current assets13.1 — 13.1 
Total current assets104.0 — 104.0 
Property, plant & equipment3.5 — 3.5 
Intangible assets:
Reacquired right15271.0 (1.0)270.0 
Database12116.0 (5.0)111.0 
Customer relationships10106.0 2.0 108.0 
Technology1465.0 (1.0)64.0 
GoodwillIndefinite488.4 7.0 495.4 
Right of use asset26.7 0.7 27.4 
Other5.2 (2.3)2.9 
Total assets acquired$1,185.8 $0.4 $1,186.2 
Accounts payable$17.5 $— $17.5 
Deferred revenue (1)
80.6 — 80.6 
Accrued payroll20.7 — 20.7 
Accrued income tax and other tax liabilities17.1 — 17.1 
Short-term lease liability8.4 0.2 8.6 
Other current liabilities23.7 — 23.7 
Total current liabilities168.0 0.2 168.2 
Long-term pension and postretirement obligations65.4 — 65.4 
Deferred tax liability127.6 0.2 127.8 
Long-term lease liability18.2 — 18.2 
Other liabilities0.8 — 0.8 
Total liabilities assumed$380.0 $0.4 $380.4 
Total consideration$805.8 $— $805.8 
(1)In the fourth quarter of 2021, we early adopted ASU No. 2021-08, "Business Combinations (Topic 805) Accounting for Contract Assets and Contract Liabilities from Contracts with Customers," retrospectively to all business combinations during 2021. As a result, acquired deferred revenue balances were measured based on the guidance of ASC 606.
The table below reflects the aggregate purchase price related to the acquisitions and the resulting purchase allocation:
Amortization life (years)Initial purchase price allocation at March 31, 2020Measurement period adjustmentsFinal purchase price allocation at December 31, 2020
Cash$0.5 $— $0.5 
Accounts receivable0.3 — 0.3 
Other0.2 0.1 0.3 
Total current assets1.0 0.1 1.1 
Intangible assets:
Customer relationships72.4 — 2.4 
Technology116.8 — 6.8 
GoodwillIndefinite10.7 0.2 10.9 
Deferred tax asset0.4 — 0.4 
Total assets acquired$21.3 $0.3 $21.6 
Total liabilities assumed0.2 0.2 0.4 
Total purchase price$21.1 $0.1 $21.2 
Schedule of Pro Forma Information The following pro forma statements of operations data presents the combined results of the Company and the acquired businesses during 2021, assuming that all acquisitions had occurred on January 1, 2020.
Year Ended December 31,
20212020
Reported revenue$2,165.6 $1,738.7 
Pro forma adjustments:
Pre-acquisition revenue:
Bisnode4.6 400.0 
Eyeota31.5 31.5 
NetWise8.4 6.8 
Adjustments to Bisnode's pre-acquisition revenue related to revenue received from Dun & Bradstreet Holdings, Inc.— (21.0)
Adjustments to Dun & Bradstreet's revenue related to revenue received from Bisnode— (43.0)
Total pro forma revenue$2,210.1 $2,113.0 
Reported net income (loss) attributable to Dun & Bradstreet Holdings, Inc.
$(71.7)$(180.6)
Pro forma adjustments - net of tax effect:
Pre-acquisition net income:
Bisnode0.8 57.2 
Eyeota(0.3)(0.3)
NetWise(1.2)1.2 
Intangible amortization - net of tax benefits(1.1)(56.8)
Write off related to pre-existing relationship - net of tax benefits2.3 (2.3)
Transaction costs - net of tax benefits3.0 3.5 
Pro forma net income (loss) attributable to Dun & Bradstreet Holdings, Inc.$(68.2)$(178.1)