Acquisitions (Tables)

3 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Purchase Price Allocation

The table below reflects the aggregate purchase price related to the acquisition and the resulting purchase allocation:

	Weighted average amortization period (years)	Initial purchase price allocation		Measurement Period Adjustments		Preliminary Purchase Price Allocation at March 31, 2022
Cash		$	7.1	$	—	$	7.1
Accounts receivable		9.3		—		9.3
Other		0.5		—		0.5
Total current assets		16.9		—		16.9
Intangible assets:
Customer relationships	14	20.0		—		20.0
Technology	5	14.0		—		14.0
Trademark	2	1.0				1.0
Goodwill	Indefinite	138.3		0.1		138.4
Total assets acquired		$	190.2	$	0.1	$	190.3
Deferred tax liability		5.9		—		5.9
Other liabilities		12.0		—		12.0
Total liabilities assumed		17.9		—		17.9
Total purchase price		$	172.3	$	0.1	$	172.4

The table below reflects the aggregate purchase price related to the acquisition and the resulting purchase allocation:

	Weighted average amortization period (years)	Initial purchase price allocation at December 31, 2021		Measurement Period Adjustments		Preliminary Purchase Price Allocation at March 31, 2022
Cash		$	2.6	$	—	$	2.6
Accounts receivable		2.6		—		2.6
Other		0.4		—		0.4
Total current assets		5.6		—		5.6
Intangible assets:
Customer relationships	15	19.8		—		19.8
Technology	5	1.3		—		1.3
Trademark	2	0.2		—		0.2
Database	3	2.2		—		2.2
Goodwill	Indefinite	41.9		2.9		44.8
Total assets acquired		$	71.0	$	2.9	$	73.9
Total liabilities assumed		1.2		2.5		3.7
Total purchase price		$	69.8	$	0.4	$	70.2

The table below summarizes the fair value of the assets acquired and liabilities assumed as of the acquisition date:

	Weighted average amortization period (years)	Final purchase price allocation at December 31, 2021
Cash		$	29.9
Accounts receivable		61.0
Other current assets		13.1
Total current assets		104.0
Property, plant & equipment		3.5
Intangible assets:
Reacquired right	15	270.0
Database	12	111.0
Customer relationships	10	108.0
Technology	14	64.0
Goodwill	Indefinite	495.4
Right of use assets		27.4
Other		2.9
Total assets acquired		$	1,186.2
Accounts payable		$	17.5
Deferred revenue (1)		80.6
Accrued payroll		20.7
Accrued income tax and other tax liabilities		17.1
Short-term lease liability		8.6
Other current liabilities		23.7
Total current liabilities		168.2
Long-term pension and postretirement obligations		65.4
Deferred tax liability		127.8
Long-term lease liability		18.2
Other liabilities		0.8
Total liabilities assumed		$	380.4
Total purchase price		$	805.8

(1)In the fourth quarter of 2021, we early adopted ASU No. 2021-08, "Business Combinations (Topic 805) Accounting for Contract Assets and Contract Liabilities from Contracts with Customers," retrospectively to all business combinations during 2021. As a result, acquired deferred revenue balances were measured based on the guidance of ASC 606.

Schedule of Pro Forma Information

The following pro forma statements of operations data presents the combined results of the Company and the acquired businesses, assuming that the acquisition had occurred on January 1, 2020.

	Three months ended March 31,
	2021
Reported revenue	$	504.5
Pro forma adjustments:
Pre-acquisition revenue:
Bisnode	4.6
Eyeota	7.3
NetWise	2.0
Total pro forma revenue	$	518.4
Reported net income (loss) attributable to Dun & Bradstreet Holdings, Inc.	$	(25.0)
Pro forma adjustments - net of tax effect:
Pre-acquisition net income:
Bisnode	0.8
Eyeota	(0.7)
NetWise	0.4
Intangible amortization - net of tax benefits	(1.4)
Write off related to pre-existing relationship - net of tax benefits	2.3
Transaction costs - net of tax benefits	0.3
Pro forma net income (loss) attributable to Dun & Bradstreet Holdings, Inc.	$	(23.3)