Fairfax company completes acquisition of 270-person Creative Systems and Consulting
Fairfax company completes acquisition of 270-person Creative Systems and Consulting
Katherine Schulte// January 4, 2022//
Fairfax-based management consulting firm ICF International Inc. announced Monday that it had completed its acquisition of McLean-based IT federal contractor Creative Systems and Consulting.
Financial terms of the transaction were not disclosed.
The company announced in December 2021 that it had entered into a definitive agreement to acquire Creative and expected to close the transaction before the end of the year.
Founded in 2010, Creative provides federal agencies with IT services including cloud and infrastructure solutions and data analytics. The company has 270 employees.
“This transaction is aligned with our strategy of pairing organic growth with select acquisitions that strengthen ICF’s position in key growth markets,” ICF Chairman, President and CEO John Wasson said in a December 2021 statement. “Creative’s expertise in cloud development considerably expands our qualifications in the federal IT modernization/digital transformation arena, and the company has delivered flagship work with many civilian agencies that have been long-standing clients of ICF
Founded in 1969, ICF has about 7,500 employees. In 2020, its gross revenue was $1.51 billion, an increase of 1.9%. In November 2021, the company acquired Rockville, Maryland-based data management and health care information technology provider ESAC Inc.