XML 83 R62.htm IDEA: XBRL DOCUMENT v3.22.0.1
Business Combinations - Narrative (Details)
1 Months Ended 2 Months Ended 3 Months Ended 7 Months Ended 12 Months Ended
Dec. 01, 2021
USD ($)
shares
Mar. 05, 2021
USD ($)
shares
Oct. 01, 2020
USD ($)
shares
Feb. 28, 2020
USD ($)
Aug. 15, 2019
May 13, 2019
USD ($)
$ / shares
shares
Mar. 31, 2021
shares
Mar. 05, 2021
USD ($)
Sep. 30, 2020
USD ($)
Sep. 30, 2020
USD ($)
Dec. 31, 2021
USD ($)
shares
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Business Acquisition [Line Items]                          
Conversion ratio                     1    
Jersey                          
Business Acquisition [Line Items]                          
Total consideration           $ 3,052,500,000              
Newly issued ordinary shares (in shares) | shares           305,250,000              
Newly issued shares value (in dollars per share) | $ / shares           $ 10.00              
Percentage of ownership acquired           74.00%              
Warrants excluded from ownership calculation | shares           52,800,000              
Compensatory options issued, excluded from ownership calculation | shares           24,806,793              
Ordinary shares owned by sponsor, excluded from ownership calculation | shares           10,600,000              
Jersey | Company Owners                          
Business Acquisition [Line Items]                          
Newly issued ordinary shares (in shares) | shares           217,500,000              
Clarivate stock to be issued           $ 2,175,000,000              
Percentage of ownership after transaction         60.00%                
Jersey | Churchill Public Shareholders                          
Business Acquisition [Line Items]                          
Newly issued ordinary shares (in shares) | shares           68,999,999              
Clarivate stock to be issued           $ 690,000,000              
Jersey | Churchill Sponsor LLC                          
Business Acquisition [Line Items]                          
Total consideration           $ 187,500,000              
Newly issued ordinary shares (in shares) | shares           17,250,000              
Jersey | Certain Investors                          
Business Acquisition [Line Items]                          
Newly issued ordinary shares (in shares) | shares           1,500,000              
Jersey | Clarivate                          
Business Acquisition [Line Items]                          
Conversion ratio           132.13667              
Jersey | Churchill Sponsor LLC                          
Business Acquisition [Line Items]                          
Percentage of ownership acquired           26.00%              
ProQuest                          
Business Acquisition [Line Items]                          
Total consideration $ 5,046,848,000                        
Newly issued ordinary shares (in shares) | shares 46,910,923                        
Clarivate stock to be issued $ 1,094,901,000                        
Percentage of ownership acquired 100.00%                        
Purchase price, net of cash $ 4,994,334,000                        
Cash acquired 52,514,000                        
Cash consideration 3,951,947,000                        
Liabilities incurred $ 917,491,000                        
Transaction costs                     $ 62,950,000    
Pro forma net loss attributable to the Company's shareholders                     (175,418,000) $ (545,512,000)  
ProQuest | Customer relationships                          
Business Acquisition [Line Items]                          
Percentage change considered material, attrition assumptions for intangible assets 0.50%                        
ProQuest | Acquisition-related transaction costs                          
Business Acquisition [Line Items]                          
Pro forma net loss attributable to the Company's shareholders                     62,950,000    
ProQuest | Undrawn bridge commitment fees                          
Business Acquisition [Line Items]                          
Pro forma net loss attributable to the Company's shareholders                     $ 55,000,000    
CPA Global                          
Business Acquisition [Line Items]                          
Total consideration     $ 8,643,561,000                    
Newly issued ordinary shares (in shares) | shares     210,357,918               1,500,000    
Clarivate stock to be issued     $ 6,565,477,000                    
Percentage of ownership acquired     100.00%                    
Purchase price, net of cash     $ 8,540,886,000                    
Cash acquired     102,675,000                    
Cash consideration     2,078,084,000                    
Transaction costs                     $ 23,000 37,164,000  
Pro forma net loss attributable to the Company's shareholders                       (374,440,000) $ (403,653,000)
Equity Holdback Consideration     $ 46,485,000                    
Shares Issued Percentage of Ownership     35.00%                    
Stock issued | shares     210,357,918                    
Goodwill increase (decrease) purchase accounting adjustments                     $ (26,886,000)    
CPA Global | Interest rate swap asset                          
Business Acquisition [Line Items]                          
Loss on contract termination     $ 22,262,000                    
CPA Global | Revolving Credit Facility                          
Business Acquisition [Line Items]                          
Long-term Debt     $ 2,055,822,000                    
CPA Global | Maximum                          
Business Acquisition [Line Items]                          
Newly issued ordinary shares (in shares) | shares     218,306,663                    
Issuance of ordinary shares, net (in shares) | shares     218,183,778                    
CPA Global | Acquisition-related transaction costs                          
Business Acquisition [Line Items]                          
Pro forma net loss attributable to the Company's shareholders                       71,103,000  
CPA Global | Leonard Green and Partners, LP                          
Business Acquisition [Line Items]                          
Stock issued | shares     6,325,860                    
Decision Resources Group                          
Business Acquisition [Line Items]                          
Total consideration       $ 964,997,000                  
Newly issued ordinary shares (in shares) | shares   2,895,638         2,895,638       2,895,638    
Clarivate stock to be issued   $ 61,619,000                      
Percentage of ownership acquired       100.00%                  
Cash acquired       $ 20,777,000                  
Cash consideration       900,000,000                  
Goodwill deductible amount       0                  
Transaction costs                       47,068,000  
Pro forma net loss attributable to the Company's shareholders                       (335,749,000) $ (304,846,000)
Adjusted closing cash       6,100,000                  
Contingent consideration       $ 58,897,000               86,029,000  
Increase (decrease) in contingent consideration               $ (24,194,000)       27,132,000  
Goodwill increase (decrease) purchase accounting adjustments                 $ 314,000 $ (1,804,000)      
Decision Resources Group | Acquisition-related transaction costs                          
Business Acquisition [Line Items]                          
Pro forma net loss attributable to the Company's shareholders                       $ 26,348,000