Public Company Business Services

ICF

Reston, Virginia, United States

ICF is a leading global solutions and technology provider combining expertise and cutting-edge technology to help clients solve complex challenges, navigate change, and shape the future.

Focus Areas
Management consulting, Digital transformation, Technology services
Website
icf.com

Tracked deals

4

4 tracked deals across 2020-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout · 1 divestiture

ICF Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for ICF. 1 2020 1 2021 1 2022 1 2025

Supporting Data

Recent Transactions

  • ICF Acquires Applied Energy Group from Ameresco
    January 7, 2025
    Buyer
    ICF
    Target
    Applied Energy Group
    Seller
    Ameresco, Inc.
    Industry
    Energy
    Location
    New York, United States
    Type
    Divestiture

    ICF has acquired Applied Energy Group (AEG) from Ameresco in a divestiture that expands ICF's utility and state & local government energy technology and advisory capabilities. AEG brings a cloud-based demand-side management platform, over 100 utility and DSM experts, and projected ~$30 million in 2024 revenue; Ameresco said the sale allows it to focus on core projects, asset and O&M businesses.

  • ICF Acquires SemanticBits
    June 8, 2022
    Buyer
    ICF
    Target
    SemanticBits
    Industry
    IT Services
    Location
    Virginia, United States
    Type
    Buyout

    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.

  • ICF to Acquire Creative Systems and Consulting
    December 13, 2021
    Buyer
    ICF
    Target
    Creative Systems and Consulting
    Industry
    IT Services
    Location
    Virginia, United States
    Type
    Buyout

    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
    Buyer
    ICF
    Target
    Incentive Technology Group, LLC (ITG)
    Industry
    IT Services
    Location
    Virginia, United States
    Type
    Buyout

    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.

Related Acquisition Pages

IT Services Buyers & Acquisitions 3 tracked deals by ICF. Energy Buyers & Acquisitions 1 tracked deal by ICF. Acquisitions in Virginia 3 tracked deals by ICF. Acquisitions in New York 1 tracked deal by ICF.

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