After closing the deal between ICF and CITYTECH, we keep getting asked what billion-dollar companies find appealing about high-growth IT services teams.
In our experience, there are four “lenses” through which potential acquirers will view your team.
• Culture: Have you developed the ability to attract, retain and develop a strong team?
• Skills: Is what you offer relevant in developing technologies?
• Growth: Are you excited about scaling up, or worried?
• Innovation: Do you have that special something they’re looking for?
We predicted back in January that this would be a strong year for specialized IT services companies, and this sale and the trends that cause it are certainly bearing that prediction out.