DoubleVerify Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Business Combinations (Tables)

12 Months Ended

Dec. 31, 2021


(in thousands)	Acquisition Date
Assets:
Cash and cash equivalents	$	1,007
Trade receivables		778
Other assets		96
Property, plant and equipment		10
Intangible assets:
Technology		2,245
Customer relationships		7,208
Trademarks		47
Non-compete agreements		71
Total intangible assets		9,571
Goodwill		15,609
Total assets acquired	$	27,071

Liabilities:
Trade payables	$	147
Other current liabilities		361
Deferred tax liability		1,233
Total liabilities assumed		1,741
Total purchase consideration	$	25,330
Cash acquired		(1,007)
Net cash purchase price		24,323


(in thousands)	Acquisition Date
Assets:
Cash and cash equivalents	$	8,549
Trade receivables		5,460
Prepaid expenses		66
Escrow assets		2,000
Other assets		167
Property, plant and equipment		—
Intangible assets:
Technology		6,700
Customer relationships		34,600
Total intangible assets		41,300
Goodwill		108,570
Total assets acquired	$	166,112
Liabilities:
Trade payables	$	226
Other current liabilities		2,373
Escrow liabilities		2,000
Deferred tax liability		5,544
Total liabilities assumed		10,143
Total purchase consideration	$	155,969
Cash acquired		(8,549)
Net cash purchase price		147,420