| Type | Public corporation |
|---|---|
| Traded as | NASDAQ: ICFI |
| Industry | Professional Services Consulting |
| Founded | 1969 |
| Headquarters | Fairfax, Virginia |
| Key people | Sudhakar Kesavan Chairman and CEO |
| Revenue | ca. $765 mil (2010) |
| Employees | ca. 4,000 (2011) |
| Website | www.icfi.com |
ICF International (NASDAQ: ICFI), formerly known as ICF Consulting, is a management, technology, and policy consulting firm based in Fairfax, Virginia. ICF International partners with government and commercial clients to deliver professional services and technology solutions in the energy, environment, and transportation; health, education, and social programs; and homeland security and defense markets.
ICF employs more than 4,000 employees. Washington Technology ranked ICF No. 64 in its "2011 Top 100" list of the largest government contractors based on prime contracting revenue.[1]
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ICF was founded in 1969 as the Inner City Fund, a venture capital firm established to finance inner-city businesses. Its first president was C. D. Lester, a former Tuskegee Airmen, who was joined by three U.S. Department of Defense analysts. The firm's consulting business proved more successful than its investments, and in 1972, it was reorganized as a consulting firm and renamed ICF Incorporated. ICF focused on energy issues for U.S. federal agencies throughout the 1970s.
During the 1980s, the firm expanded its environmental business and began to build its engineering capabilities. In 1988, the firm acquired Kaiser Engineers, which had originated as the engineering unit of Henry J. Kaiser's industrial empire and grew to rank among the largest engineering and construction companies in the world. The following year, the combined company went public and eventually traded its stock on the New York Stock Exchange. The combined company operated as "ICF Kaiser," maintaining its consulting unit largely intact.
In 1999, ICF International ended its decade-long affiliation with Kaiser Engineers through acquisition by its management and CM Equity Partners, LP, an equity investment firm based in New York City.[2]
In 2002, ICF International acquired two divisions of Arthur D. Little: Global Environment & Risk (Americas) and Public Sector Program Management.
In 2005, ICF International acquired Synergy, Inc., a provider of strategic planning, analysis, and technology solutions in defense command and control, operations, and logistics. Also in 2005, ICF International acquired Caliber Associates, a Fairfax, Virginia, firm that provided high-end consulting services, primarily to U.S. federal clients.
In 2007, ICF International acquired Energy and Environmental Analysis (EEA), Advanced Performance Consulting Group (APCG), Z-Tech Corporation, and SH&E.
In 2008, ICF acquired Jones & Stokes.[3]
In 2009, ICF International acquired Macro International Inc.[4] and Jacob & Sundstrom, Inc.[5]
In 2010, ICF acquired Marbek Resource Consultants Ltd.[6]
In 2011, ICF acquired Ironworks Consulting LLC.[7]
In 2006, ICF Consulting was renamed ICF International to reflect the firm's growing geographic presence and increased service offerings. The firm also pursued an Initial Public Offering (IPO) and now is a publicly traded firm listed on the NASDAQ under the symbol NASDAQ: ICFI .
ICF International offers advisory, implementation, and IT services in:
ICF provides information vital to the EPA's Integrated Planning Model which is used to measure the impact of environmental policies on the electric power sector of the continental United States and the District of Columbia.[11]