Home / M&A Activity / ICF Acquires Digital IT Consulting Firm CITYTECH

ICF Acquires Digital IT Consulting Firm CITYTECH

acquisitionICF International (NASDAQ: ICFI) has completed its purchase of CITYTECH, a consulting services provider focused on interactive media, mobile applications and cloud computing and customer service management.

Terms were not disclosed and ICF intends for the acquisition to complement its portfolio of integrated digital and interactive offerings for both government and enterprise customers, ICF said Monday.

Chicago-based CITYTECH has a 100-employee workforce and reported $16 million in revenue for its fiscal year 2013.

Squire Sanders served as ICF’s legal counsel on the transaction while PwC performed financial and tax due diligence for Fairfax, Va-based ICF.

Check Also

Navy Awards BAE $185M in Destroyer Ship Modernization Contracts

BAE Systems' ship repair business in San Diego has won a pair of contracts worth $185M combined from the U.S. Navy to modernize Arleigh Burke-class USS Decatur and USS Stethem destroyer ships.

ST Engineering’s iDirectGov Buys Glowlink in Satcom Tech Expansion Push

ST Engineering has acquired Glowlink Communications Technology through its iDirect Government subsidiary for approximately $25M.