Envestnet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

6 Months Ended

Jun. 30, 2021

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition:


	Preliminary Estimate
	(in thousands)
Total tangible assets acquired, net of cash	$	2,032
Total liabilities assumed	(596)
Identifiable intangible assets	9,500
Goodwill	21,858
Total net assets acquired	$	32,794

A summary of estimated intangible assets acquired, estimated useful lives and amortization method is as follows:


	Preliminary Estimate (in thousands)		Estimated Useful Life in Years	Amortization Method
Proprietary technology	$	6,900	6	Straight-line
Customer list	$	2,600	14	Accelerated
Total intangible assets acquired	$	9,500