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Business Combinations - Summary of Preliminary Purchase Consideration (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2021
Jun. 22, 2021
Jun. 15, 2021
Nov. 02, 2020
Jul. 23, 2020
Feb. 10, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Business Acquisition [Line Items]                  
Total purchase price             $ 8,896 $ 1,500 $ 4,071
Ventanex                  
Business Acquisition [Line Items]                  
Cash consideration           $ 35,939      
Contingent consideration [1]           4,800      
Total purchase price           $ 40,739      
cPayPlus                  
Business Acquisition [Line Items]                  
Cash consideration         $ 7,957        
Contingent consideration [2]         6,500        
Total purchase price         $ 14,457        
CPS Payment Services                  
Business Acquisition [Line Items]                  
Cash consideration       $ 83,887          
Contingent consideration [3]       4,500          
Total purchase price       $ 88,387          
Billing Tree                  
Business Acquisition [Line Items]                  
Cash consideration     $ 277,521            
Class A common stock issued     228,250            
Total purchase price     $ 505,771            
Kontrol                  
Business Acquisition [Line Items]                  
Cash consideration   $ 7,439              
Contingent consideration [4]   500              
Total purchase price   $ 7,939              
Payix                  
Business Acquisition [Line Items]                  
Cash consideration $ 95,628                
Contingent consideration [5] 2,850                
Total purchase price $ 98,478                
[1] Reflects the fair value of the Ventanex Earnout Payment, the contingent consideration to be paid to the selling members of Ventanex, pursuant to the Ventanex Purchase Agreement as of February 10, 2020. The selling partners of Ventanex will have the contingent earnout right to receive a payment of up to $14.0 million dependent upon the Gross Profit, as defined in the Ventanex Purchase Agreement, for the years ended December 31, 2020 and 2021. In February 2021 and April 2022, the Company paid the Ventanex Earnout Payment of $0.9 million and $12.7 million, respectively.
[2] Reflects the fair value of the cPayPlus Earnout Payment, the contingent consideration to be paid to the selling members of cPayPlus, pursuant to the cPayPlus Purchase Agreement as of July 23, 2020. The selling partners of cPayPlus will have the contingent earnout right to receive a payment of up to $8.0 million dependent upon the Gross Profit, as defined in the cPayPlus Purchase Agreement, in the third quarter of 2021. In September, 2021, the Company paid the cPayPlus Earnout Payment of $8.0 million.
[3] Reflects the fair value of the CPS Earnout Payment, the contingent consideration to be paid to the selling members of CPS, pursuant to the CPS Purchase Agreement as of November 2, 2020. The selling partners of CPS will have the contingent earnout right to receive a payment of up to $15.0 million in two separate earnouts, dependent upon the Gross Profit, as defined in the CPS Purchase Agreement. As of December 31, 2022, the fair value of the CPS earnout was $1.0 million, which resulted in a $0.4 million adjustment included in the change in fair value of contingent consideration in the Consolidated Statements of Operations for the year ended December 31, 2022.
[4] Reflects the fair value of the Kontrol earnout payment, the contingent consideration to be paid to the selling members of Kontrol, pursuant to the Kontrol Purchase Agreement as of June 22, 2021. The selling partners of Kontrol will have the contingent earnout right to receive a payment of up to $3.0 million, dependent upon the Gross Profit, as defined in the Kontrol Purchase Agreement. As of December 31, 2022, the fair value of the Kontrol earnout was $0, which resulted in a
($0.9) million adjustment included in the change in fair value of contingent consideration in the Consolidated Statements of Operations for the year ended December 31, 2022.
[5] Reflects the fair value of the Payix earnout payment, the contingent consideration to be paid to the former owners of Payix, pursuant to the Payix Purchase Agreement as of December 31, 2021. The former owners of Payix will have the contingent earnout right to receive a payment of up to $20.0 million, dependent upon the Gross Profit, as defined in the Payix Purchase Agreement. As of December 31, 2022, the fair value of the Payix earnout was $0, which resulted in a ($2.9) million adjustment included in the change in fair value of contingent consideration in the Consolidated Statements of Operations for the year ended December 31, 2022.