ICFI - Mergers and acquisitions

Accretive Transaction of Leading Energy Technology Provider Expands ICF's Utility and State & Local Government CapabilitiesDivestiture Allows Ameresco to Focus on Core Projects, Asset and O&M Businesses RESTON, Va. and FRAMINGHAM, Mass., Jan. 7, 2025 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, today announced it has acquired Applied Energy Group (AEG), a leading energy technology and advisory services company with over 100 utility management and demand-side energy experts from Ameresco (NYSE:AMRC). AEG provides a suite of integrated technology and advisory solutions to a growing set of electric and gas utilities, state and local governments, and s

Third Quarter Highlights: Total Revenue Was $468 Million; Service Revenue1 Was $335 Million, Up 22%Diluted EPS Was $1.01 Inclusive of $0.28 in Tax-Effected Severance, M&A and Facility-Related ChargesNon-GAAP EPS1 Was $1.61, Up 22%GAAP EPS and Non-GAAP EPS Include a One-Time Tax Benefit of $0.20 Adjusted EBITDA1 Was $49.8 Million; Adjusted EBITDA Margin on Service Revenue1 Was 14.8%Contract Awards Were $865 Million; TTM Contract Awards Were $2.2 Billion Representing a Book-to-Bill Ratio of 1.31Business Development Pipeline Was $9.0 Billion at Quarter-End After Record Q3 Awards RESTON, Va., Nov. 3, 2022 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and digital services provider, repor

Expands Environmental Capabilities to Support Large Infrastructure Projects --Strengthens ICF's Presence in Important Texas Market-- FAIRFAX, Va., Sept. 1, 2022 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and digital services provider, today announced it has acquired Blanton & Associates, Inc., an environmental consulting, planning and project management firm headquartered in Austin, Texas, that supports a variety of infrastructure projects in key markets. Blanton & Associates' team of more than 75 highly specialized and experienced staff bring proven domain experti

Second Quarter Highlights: Total Revenue Was $423 Million; Service Revenue1 Was $306 Million, Up 9%Diluted EPS Was $0.97 Inclusive of $0.16 in Tax-Effected M&A and Facility-Related ChargesNon-GAAP EPS1 Was $1.33, Up 12%Adjusted EBITDA1 Was $44.1 Million, Up 10%; Adjusted EBITDA Margin on Service Revenue1 Was 14.4%Contract Awards Were $346 Million; TTM Contract Awards Were $1.96 Billion Representing a Book-to-Bill Ratio of 1.21Record Business Development Pipeline of $8.7 Billion at Quarter-End Raises Full Year 2022 Revenue, Adjusted EBITDA, Non-GAAP EPS and Cash Flow Guidance to Include the SemanticBits Acquisition FAIRFAX, Va., Aug. 3, 2022 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consult

FAIRFAX, Va., July 14, 2022 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and digital services provider, announced today that it has completed the acquisition of SemanticBits, a premier partner to U.S. federal health agencies for mission-critical digital modernization solutions. The company announced its intent to acquire SemanticBits last month. ICF plans to provide updated financial guidance for full-year 2022, which will include the expected contribution from the acquisition when the company issues its second quarter results in early August. Founded in 2005, Semant

FAIRFAX, Va., Feb. 24, 2022 /PRNewswire/ -- Fourth Quarter Highlights: Total Revenue Was $388 Million; Service Revenue¹ Increased 4.3% to $273 Million Diluted EPS Was $0.63, Inclusive of $0.43 of Tax-Effected Facility and M&A Charges Non-GAAP EPS¹ Was $1.19 Adjusted EBITDA Margin on Service Revenue¹ Was 13.9% Contract Awards of $652 Million, Up 24% for a Book-to-Bill Ratio of 1.68Full Year Highlights:   Total Revenue Was $1.55 Billion; Service Revenue Increased 6.4% to $1.11 Billion Diluted EPS Was $3.72, Inclusive of $0.57 of Tax-Effected Facility and M&A Charges Non-GAAP EPS

FAIRFAX, Va., Jan. 3, 2022 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and digital services provider, announced today that it has completed the acquisition of Creative Systems and Consulting (Creative), a premier provider of IT modernization and digital transformation solutions to U.S. federal agencies. The company announced its intent to acquire Creative last month. Founded in 2010, Creative provides federal agencies with a full suite of capabilities including digital strategy, cloud and infrastructure solutions, customer experience and data analytics. Their 270-pe

FAIRFAX, Va., Nov. 2, 2021 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and digital services provider, today announced it has acquired ESAC, also known as Enterprise Science and Computing, one of the leading specialized providers of advanced health analytics, research data management and bioinformatics solutions to U.S. federal health agencies.   Through strong partnerships with the Centers for Medicare and Medicaid Services, the National Institutes of Health, the Department of Veterans Affairs, the Food and Drug Administration and more, ESAC successfully enables int

FAIRFAX, Va., Nov. 2, 2021 /PRNewswire/ --  Third Quarter Highlights: Total Revenue Was $394 Million, up 9%; Service Revenue¹ Increased 4% to $276 Million Diluted EPS Increased 14% to $1.07, Inclusive of $0.14 in Special Charges Non-GAAP EPS¹ Increased 20% to $1.32 Adjusted EBITDA Margin on Service Revenue¹ Was 15.9%, up 160 Basis Points Contract Awards of $604 Million; TTM Contract Awards Were $2.1 Billion for a Book-to-Bill Ratio of 1.33—Increases GAAP EPS and Non-GAAP EPS Guidance for Full Year 2021 and Operating Cash Flow Guidance to $110 Million— —Substantial Backlog and