v3.25.2
Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2025
Business Combination [Line Items]  
Summary of the Consideration Paid

The following is a summary of consideration paid:

 

 

Fair Value

 

Cash

 

$

42,705

 

Fair value of equity consideration

 

 

19,283

 

Fair value of contingent consideration

 

 

11,259

 

Total purchase consideration

 

$

73,247

 
Summary of Fair Value of the Net Assets Acquired as of the Acquisition Date

The following table presents the provisional fair value of the net assets acquired as of the acquisition date:

 

 

Fair Value

 

ASSETS

 

 

 

Cash and cash equivalents

 

$

2,468

 

Accounts receivable

 

 

1,409

 

Due from related parties

 

 

51

 

Prepaid expenses and other assets

 

 

351

 

Property and equipment, net

 

 

170

 

Right-of-use assets

 

 

827

 

Intangible assets, net

 

 

31,306

 

Total assets acquired

 

$

36,582

 

LIABILITIES

 

 

 

Accounts payable and accrued expenses

 

$

2,105

 

Accrued Compensation and benefits

 

 

176

 

Deferred revenues

 

 

1,246

 

Lease liabilities

 

 

827

 

Deferred tax liabilites

 

 

7,826

 

Total liabilities assumed

 

$

12,180

 

 

 

 

 

Net identifiable assets acquired

 

$

24,402

 

Goodwill

 

 

48,845

 

Net assets acquired

 

$

73,247

 
Summary of the Fair Value of Identifiable Intangible Assets Acquired The following table presents the fair value of the identifiable intangible assets acquired:

 

 

 

 

 

Weighted-

 

 

 

 

 

 

Average

 

 

 

 

 

 

Amortization

 

 

 

Fair Value

 

 

Period

 

Value of management and advisory contracts

 

$

20,102

 

 

10

 

Value of direct investors and intermediary relationships

 

 

9,776

 

 

13

 

Value of trade name

 

 

879

 

 

 

20

 

Value of technology

 

 

549

 

 

 

4

 

Total identifiable intangible assets

 

$

31,306