ICF International Inc. (NASDAQ: ICFI) jumped back into the mergers and acquisitions market for the first time in almost two years Tuesday, purchasing Rockville health information technology firm Enterprise Science and Computing Inc. (ESAC) in a deal announced after market close.
Terms of the acquisition weren’t disclosed, but the purchase marks the Fairfax consulting firm’s first M&A move since it bought Incentive Technology Group LLC (ITG) in January 2020 for $255 million.
ESAC focuses on big data integration and visualization, health IT interoperability, algorithm development and other data science disciplines to help make the sharing of research and information more seamless. ICF’s health, education and social programs contracts have accounted for 44% of the company’s $1.16 billion in revenue generated through the first three quarters of the year.
The company specializes in areas such as electronic health records and health data management, research data management,…
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