ICF International - CityTech
United States
United States
About the transaction
ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, closed on the acquisition of CITYTECH, Inc., a Chicago-based digital interactive consultancy
specializing in enterprise applications development, web experience management, mobile application development, cloud enablement, managed services, and customer experience management solutions. For 2013, CITYTECH had annual revenues of approximately $16 million and 100 employees.
After several conversations, even flying to multiple offices, we began to learn that our team was going to stay intact, we were going to be part of a growing part of the business, and really able to make a difference and move the needle. All those things were very important to us to moving forward, while the mechanics of the deal, the valuations, the terms and things like that, we had a great partner in Corum to help lead us through that.
