ICF International Inc. (NASDAQ: ICFI) is continuing to shop through the mergers and acquisitions market, with a deal to purchase information technology firm Creative Systems and Consulting.
The agreement, announced Monday after market close, comes a month after the Fairfax consulting firm bought Rockville health information technology firm Enterprise Science and Computing Inc. (ESAC). Much like with that deal, terms of the Creative Systems acquisition were not disclosed.
Creative will not only provide ICF with one of largest women-owned businesses in Greater Washington, it also secures for the company key offerings in the IT modernization and digital transformation fields, as well as a portfolio of federal clients hungry for them. The acquisition is expected to close by the end of the year.
ICF CEO John Wasson said in a phone interview that one of the clear benefits that Creative brings is its expertise in low-code/no-code capabilities, in which developers construct tools modularly…
Read the full story from the Washington Business Journal.
