Jasmine Andrade
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Fairfax enterprise completes acquisition of 270-particular person Artistic Techniques and Consulting
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Katherine Schulte
Fairfax-dependent administration consulting organization ICF International Inc. declared Monday that it experienced concluded its acquisition of McLean-primarily based IT federal contractor Inventive Systems and Consulting.
Fiscal phrases of the transaction were being not disclosed.
The company announced in December 2021 that it experienced entered into a definitive agreement to get Resourceful and predicted to shut the transaction right before the conclusion of the calendar year.
Started in 2010, Inventive supplies federal companies with IT expert services including cloud and infrastructure solutions and data analytics. The company has 270 employees.
“This transaction is aligned with our tactic of pairing organic advancement with choose acquisitions that fortify ICF’s position in crucial advancement marketplaces,” ICF Chairman, President and CEO John Wasson mentioned in a December 2021 assertion. “Creative’s know-how in cloud development substantially expands our skills in the federal IT modernization/electronic transformation arena, and the company has sent flagship work with quite a few civilian companies that have been extensive-standing customers of ICF
Founded in 1969, ICF has about 7,500 staff. In 2020, its gross income was $1.51 billion, an raise of 1.9%. In November 2021, the corporation obtained Rockville, Maryland-primarily based information management and wellness treatment information technologies provider ESAC Inc.
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