DoubleVerify Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Business Combinations (Tables)

9 Months Ended

Sep. 30, 2023


(in thousands)
Cash, net of cash acquired	$	67,240
Common stock issued in connection with the acquisition		52,937
Fair value of contingent consideration		1,193
Total	$	121,370


(in thousands)	Acquisition Date
Assets:
Cash and cash equivalents	$	1,705
Trade receivables		5,197
Prepaid expenses		50
Other assets		1,382
Intangible assets:
Technology		18,000
Customer relationships		15,000
Total intangible assets		33,000
Goodwill		92,053
Total assets acquired	$	133,387
Liabilities:
Trade payables	$	530
Other liabilities		1,259
Deferred tax liability		8,523
Total liabilities assumed		10,312
Total purchase consideration	$	123,075
Cash acquired		(1,705)
Purchase consideration, net of cash acquired	$	121,370