Add-on Acquisition • Information Technology

ICF International Acquires Incentive Technology Group

On January 13, 2020, ICF International acquired information technology company Incentive Technology Group for 255M USD

Acquisition Context
  • This is ICF International’s 2nd transaction in the Information Technology sector.
  • This is ICF International’s largest (disclosed) transaction.
  • This is ICF International’s 8th transaction in the United States.
  • This is ICF International’s 2nd transaction in Virginia.

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M&A Deal Summary

Date January 13, 2020
Target Incentive Technology Group
Sector Information Technology
Buyer(s) ICF International
Deal Type Add-on Acquisition
Deal Value 255M USD

Target Company

Incentive Technology Group

Arlington, Virginia, United States
Incentive Technology Group (ITG) is a unique IT consulting and modernization firm, primarily working with federal government agency clients. ITG provides full lifecycle solutions using a broad range of technology platforms.
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Buyer Overview 1

Buyer

ICF International

Reston, Virginia, United States

Category Company
Founded 1969
Sector Business Services
Employees7,998
Revenue 2.0B USD (2024)
DESCRIPTION

ICF International is a provider of management, technology, and policy consulting and implementation services to government and commercial clients in the United States. ICF International was founded in 1969 and is based in Reston, Virginia.


Deal Context for Buyer #
Overall 11 of 15
Sector: Information Technology 2 of 5
Type: Add-on Acquisition 10 of 13
State: Virginia 2 of 4
Country: United States 8 of 12
Year: 2020 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-04 We are Vista

West Yorkshire, United Kingdom

We are Vista is a creative communications agency working to support the growth of global brands in the U.K., Europe and beyond.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 ESAC

Rockville, Maryland, United States

ESAC specialized providers of advanced health analytics, research data management, and bioinformatics solutions to U.S. federal health agencies. ESAC is based in Rockville, Maryland.

Buy -