ACQUISITIONS (Tables)

0 Months Ended

12 Months Ended

Dec. 11, 2013

Dec. 31, 2013

Barrie & Hibbert Limited

Summary of Fair Values of Assets Acquired and Liabilities Assumed

Current assets				$	15.2
Property and equipment, net					0.7
Intangible assets:
	Trade name (5 year weighted average life)	$	1.9
	Client relationships (18 year weighted average life)		8.3
	Software (7 year weighted average life)		16.8
	Other intangibles (2 year weighted average life)		0.1
	Total intangible assets (12 year weighted average life)				27.1
Goodwill					54.6
Liabilities assumed					(18.1)
Net assets acquired				$	79.5

Copal Partners

Summary of Fair Values of Assets Acquired and Liabilities Assumed

Current assets				$	15.5
Property and equipment, net					0.5
Intangible assets:
	Trade name (15 year weighted average life)	$	8.6
	Client relationships (16 year weighted average life)		66.2
	Other (2 year weighted average life)		4.4
	Total intangible assets (15 year weighted average life)				79.2
Goodwill					136.9
Indemnification asset					18.8
Other assets					6.6
Liabilities assumed					(57.7)
Net assets acquired				$	199.8

Total Consideration Transferred to Sellers

Cash paid	$	125.0
Put/call option for non-controlling interest		68.0
Contingent consideration liability assumed		6.8
Total fair value of consideration transferred	$	199.8

Amba

Summary of Fair Values of Assets Acquired and Liabilities Assumed

Current assets				$	23.7
Property and equipment, net					0.4
Intangible assets:
	Trade name (7 year weighted average life)	$	3.3
	Client relationships (12 year weighted average life)		26.7
	Other (3 year weighted average life)		1.6
	Total intangible assets (11 year weighted average life)				31.6
Goodwill					34.5
Indemnification asset					10.4
Other assets					2.0
Liabilities assumed					(31.0)
Net assets acquired				$	71.6

Total Consideration Transferred to Sellers

Cash paid	$	67.2
Contingent consideration liability assumed		4.3
Additional purchase price to be paid in 2014 based on final working capital acquired		0.1
Total fair value of consideration transferred	$	71.6