In April 2022, the Company acquired all the outstanding equity interests of Comparably, Inc. (“Comparably”) and acquired substantially all the assets and certain specified liabilities of Dogpatch Advisors, LLC (“Dogpatch”) (collectively, the “2022 Acquired Companies”) for a total purchase consideration of $150.6 million in cash and $10.0 million in convertible notes receivable. As part of the acquisitions, the Company issued 448,740 restricted stock units at a total grant date fair value of $26.8 million and could be required to issue additional equity awards up to a maximum value of $3.7 million based on the attainment of certain revenue thresholds and the continued employment of acquired employees. The acquisition of Comparably provides ZoomInfo with unique proprietary data to further build TalentOS into a best-in-class talent platform by enriching recruiter search options and providing recruiters with access to millions of quality candidates and employer brand solutions. We acquired Dogpatch Advisors to launch ZoomInfo Labs, a new go-to-market thought leadership team, driving go-to-market data analysis, product enhancements and strategy for our enterprise customers. Dogpatch is a go-to-market consultancy with expertise in scaling revenue teams and building modern sales and marketing systems. The purchase accounting for the 2022 Acquired Companies transactions has been finalized.

The Company has included the financial results of the 2022 Acquired Companies in the consolidated financial statements from each date of acquisition. Due to the integration of the 2022 Acquired Companies into the operations of ZoomInfo, the Company cannot practicably determine the contribution of the 2022 Acquired Companies to consolidated net earnings. Transaction costs associated with each acquisition were not material.


	Preliminary Fair Value at Acquisition Date		Measurement Period Adjustments		Adjusted Fair Value at Acquisition Date
Cash and cash equivalents	$	14.8	$	—	$	14.8
Accounts receivable	2.3		—		2.3
Prepaid expenses and other assets	0.3		0.7		1.0
Intangible assets	34.8		—		34.8
Accounts payable and other liabilities	(0.9)		(0.4)		(1.3)
Unearned revenue	(6.8)		—		(6.8)
Deferred tax liabilities	(6.5)		2.9		(3.6)
Total identifiable net assets acquired	38.0		3.2		41.2
Goodwill	122.5		(3.1)		119.4
Total consideration	160.5		0.1		160.6
Cash acquired	(14.8)		—		(14.8)

Cash paid for acquisitions, net of cash acquired	$	145.7	$	0.1	$	145.8

Cash paid (refunds received) for 2021 acquisitions in 2022 (see "2021 Acquisitions")					(2.1)
Total cash paid for acquisitions in 2022					$	143.7

The excess of purchase consideration over the fair value of net tangible and intangible assets acquired was recorded as goodwill. The fair values assigned to tangible and identifiable intangible assets acquired and liabilities assumed are based on management’s estimates and assumptions. The fair values of assets acquired and liabilities assumed in the Comparably acquisition may be subject to change as additional information is received regarding working capital balances at the acquisition date, and the values of the identifiable intangible assets.


	Preliminary Fair Value at Acquisition Date		Measurement Period Adjustments		Adjusted Fair Value at Acquisition Date		Weighted Average Useful Life
Existing Technology	$	27.6	$	—	$	27.6	5.8 years
Customer Relationships	3.4		—		3.4		9.0 years
Trade name / Trademarks	3.8		—		3.8		8.0 years
Total intangible assets	$	34.8	$	—	$	34.8

Developed technology represents the fair value of the technology portfolios acquired. The goodwill is primarily attributed to the expanded market opportunities when integrating technology with the Company’s technology and the assembled workforce. All goodwill acquired in the twelve months ended December 31, 2022 is expected to be deductible for U.S. income tax purposes.