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

Business Combinations (Tables)

12 Months Ended

Dec. 31, 2022


(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		15,578
Total assets acquired	$	27,040

Liabilities:
Trade payables	$	147
Other current liabilities		361
Deferred tax liability		1,233
Total liabilities assumed		1,741
Total purchase consideration	$	25,299
Cash acquired		(1,007)
Net cash purchase price		24,292


(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		11,900
Customer relationships		37,100
Total intangible assets		49,000
Goodwill		103,938
Total assets acquired	$	169,180
Liabilities:
Trade payables	$	226
Other current liabilities		2,373
Escrow liabilities		2,000
Deferred tax liability		7,798
Total liabilities assumed		12,397
Total purchase consideration	$	156,783
Cash acquired		(8,549)
Net cash purchase price		148,234