| Schedule of Gross Carrying Amount and Accumulated Amortization of Intangible Assets |
The gross carrying amount and accumulated amortization of intangible assets were as follows:
| | | | | Successor | | | | | | March 31, 2025 | | December 31, 2024 | | | | Weighted Avg.
Remaining
Life (Years) | | Gross
Carrying
Amount | | Accumulated
Amortization | | Net
Carrying
Amount | | Gross
Carrying
Amount | | Accumulated
Amortization | | Net
Carrying
Amount | | Customer relationships | | 14.3 | | $ | 664,144 | | $ | (29,412 | ) | | $ | 634,732 | | $ | 658,783 | | $ | (18,298 | ) | | $ | 640,485 | | Technology | | 4.3 | | | 4,927 | | | (657 | ) | | | 4,270 | | | 4,925 | | | (414 | ) | | | 4,511 | | Tradenames | | 14.3 | | | 98,430 | | | (4,375 | ) | | | 94,055 | | | 98,392 | | | (2,731 | ) | | | 95,661 | | | | | | $ | 767,501 | | $ | (34,444 | ) | | $ | 733,057 | | $ | 762,100 | | $ | (21,443 | ) | | $ | 740,657 |
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The gross carrying amount and accumulated amortization of intangible assets were as follows:
| | | Weighted Avg.
Remaining
Life
(Years) | | Successor
December 31, 2024 | | Predecessor
December 31, 2023 | | Gross | | Accumulated
Amortization | | Net
Carrying
Amount | | Gross
Carrying
Amount | | Accumulated
Amortization | | Net
Carrying
Amount | | Customer relationships | | 14.6 | | $ | 658,783 | | $ | (18,298 | ) | | $ | 640,485 | | $ | 266,950 | | $ | (77,081 | ) | | $ | 189,869 | | Technology | | 4.6 | | | 4,925 | | | (414 | ) | | | 4,511 | | | 87,017 | | | (50,981 | ) | | | 36,036 | | Tradenames | | 14.6 | | | 98,392 | | | (2,731 | ) | | | 95,661 | | | 54,221 | | | (16,078 | ) | | | 38,143 | | Non-compete agreements | | | | | — | | | — | | | | — | | | 1,758 | | | (1,471 | ) | | | 287 | | | | | | $ | 762,100 | | $ | (21,443 | ) | | $ | 740,657 | | $ | 409,946 | | $ | (145,611 | ) | | $ | 264,335 |
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