ICF Acquires SemanticBits
June 8, 2022
ICF (NASDAQ: ICFI) entered into a definitive agreement to acquire SemanticBits for $220 million, a transaction financed through ICF's existing credit facility and expected to close in mid-July 2022. SemanticBits, a Herndon, Virginia–based health IT and digital modernization services provider with about $135 million in 2022 revenue (approximately $115 million recurring in 2023) and a team of ~450, will expand ICF's federal health capabilities and addressable market including CMS.
- Buyers
- ICF
- Targets
- SemanticBits
- Industry
- IT Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
ICF to Acquire Creative Systems and Consulting
December 13, 2021
IT Services
ICF (NASDAQ:ICFI) has entered into a definitive agreement to acquire Creative Systems and Consulting, a provider of IT modernization and digital transformation services for U.S. federal agencies. The deal adds Creative’s ~270-person team and platform expertise (Salesforce, Microsoft, ServiceNow) to ICF’s federal digital capabilities and is expected to be slightly accretive to GAAP EPS in 2022.
-
ICF Acquires Incentive Technology Group (ITG)
January 13, 2020
IT Services
ICF (NASDAQ:ICFI) has entered into a definitive agreement to acquire Incentive Technology Group, LLC (ITG), a fast-growing provider of cloud-based platform services to the U.S. federal government. The transaction values ITG at a purchase price of $255 million, is expected to close in Q1 2020, and is intended to strengthen ICF's IT modernization and cloud capabilities in the federal market.
-
SEMIFIVE Acquires Analog Bits
March 22, 2022
Manufacturing
SEMIFIVE, a South Korea–based SoC design platform provider, acquired Analog Bits, a Sunnyvale-based supplier of low-power mixed-signal IP, to expand its design IP capabilities and SoC platform offerings. The deal broadens SEMIFIVE's product portfolio for AI, AIoT and other SoC markets and extends its global footprint in the United States.
-
HubSpot Acquires Clearbit
November 1, 2023
Data & Analytics
HubSpot, Inc. has entered into a definitive agreement to acquire Clearbit, a B2B data and intelligence provider, to integrate Clearbit's firmographic, technographic, and contact data into HubSpot's AI-powered customer platform. Upon closing, Clearbit will become a wholly owned subsidiary and its data capabilities will be integrated into HubSpot's marketing, sales and service offerings to provide richer customer intelligence and intent signals.
-
MarkLogic Acquires Smartlogic
November 23, 2021
AI & Machine Learning
MarkLogic Corporation, a Vector Capital portfolio company, has acquired Smartlogic, a metadata management and semantic AI platform provider. The acquisition brings Smartlogic's Semaphore technology and senior management team into MarkLogic to expand its metadata, semantic AI and information-enrichment capabilities; financial terms were not disclosed.
-
Behind Investments Acquires Semantic Visions from Pale Fire Capital
August 26, 2025
Data & Analytics
Behind Investments has acquired Semantic Visions, a Prague-based provider of open-source data analytics, from Pale Fire Capital. The deal gives Behind Investments full ownership (it had been a minority shareholder since 2022) and positions the buyer to expand capabilities in AI and data analytics for enterprise clients.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.