Transactions with Related Parties

12 Months Ended

Dec. 31, 2021

Related Party Transactions [Abstract]

Transactions with Related Parties

Note 15. Transactions with Related Parties

During January 2021, the Company paid $9.6 million in relation to management fees to Principal Equity Owners which is recorded as prepaid management fees within prepaid expenses and other current assets and non-current assets. The prepaid management fees are being amortized over four years. In the year ended December 31, 2021, 2020, and 2019 the Company recognized a management fee to Principal Equity Owners of $2.4 million, $1.6 million and $1.9 million, respectively.