ICF was founded in 1969 as the Inner City Fund, a venture capital firm whose mission was to finance inner-city businesses. 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. In 2006, the company was renamed ICF International to reflect the firm's growing geographic presence and increased scope of its service offerings from advisory services through implementation and improvement. In September 2016, the firm was renamed ICF as part of its rebranding effort. The new brand reinforces ICF’s identity as a trusted services provider in key markets ranging from energy and energy efficiency to cybersecurity, health and social programs, disaster management, and marketing services.
The initial public offering occurred on September 28, 2006.
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ICF has made more than 25 acquisitions between 2005 and 2023. These acquisitions reflect our commitment to a growth strategy that helps us continue to provide better services and implementation of solutions as well as greater depth of expertise to our clients.
In 2023, we acquired CMY, a power engineering firm that advises utilities and energy project developers across the U.S., Europe, and Asia, which strengthens our ability to support clients’ needs for grid transformation, reliability, resilience and renewables integration.
In 2022, we acquired Blanton & Associates, , Inc., an environmental consulting, planning and project management firm that supports a variety of infrastructure projects in key markets, strengthening our presence in Texas. We also acquired SemanticBits, which broadens ICF's digital modernization capabilities with leading open-source solutions for U.S. federal agencies and adds health IT expertise.
In 2021, we acquired Creative Systems and Consulting to enhance our capabilities in delivering low-code/no-code platforms to the U.S. federal government, and ESAC, also known as Enterprise Science and Computing, to expand our health analytics and bioinformatics capabilities in the public health arena.
In 2020, we acquired Incentive Technology Group, LLC to expand our IT modernization services to the U.S. federal government.
In 2018, we acquired DMS Disaster Consultants to augment and enhance our disaster response, recovery, and preparedness capabilities.
Other recent acquisitions have expanded our digital marketing, strategic communications, and customer engagement offerings. These acquisitions include: Ironworks Consulting (2011), Ecommerce Accelerator, LLC (2013), Mostra S.A. (2014), Citytech (2014), Olson (2014), Trade NTE (2016), The Future Customer (2017) and We Are Vista (2018).
To expand our geographic footprint, in 2012 we acquired GHK Holdings Limited, a London-based consultancy with offices in Europe and Asia that added capabilities in core ICF areas such as environment, health, education, social programs, and international development. The acquisitions of Mostra S.A and The Future Customer (above) also have contributed to expanding our footprint in Europe.
We acquired Jacob & Sundstrom, Inc. in 2009 to expand our capabilities in cybersecurity and identity management services to U.S. federal agencies.
The acquisitions of Energy and Environmental Analysis (EEA), Inc. (2007), Jones & Stokes (2008), Marbek Resource Consultants Ltd. in Canada (2010), and Symbiotic Engineering, LLC (2012) expanded the firm’s environmental capabilities and offerings. We significantly strengthened our transportation service offerings with federal, state, and industry clients through the acquisition of SH&E (2007), one of the world’s largest consulting firms dedicated to air transport, and Aerostrategy (2011), a management consulting firm focused on the aviation and aerospace sectors.
In 2007, we sought to enhance our capabilities in the federal space by acquiring Advanced Performance Consulting Group and Z-Tech Corporation, focused on organizational performance and health information/health technology services, respectively. We further augmented our public health capabilities when we acquired Macro International Inc. (2009). ICF acquired Synergy, Inc. and Caliber Associates in 2005, enhancing our ability to serve the U.S. departments of Health & Human Services, Justice, Defense, and Education.
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On August 3, 2023, our Board of Directors declared a quarterly cash dividend of $0.14 per common share, payable on October 13, 2023, to shareholders of record at the close of business on September 8, 2023.
Future dividends will be determined by the Board of Directors and will depend on our future earnings, financial condition, and cash requirements.
If you own your shares in your name as a registered shareholder with ICF’s transfer agent, American Stock Transfer (AST), the dividend is payable to you either by physical check or via Direct Deposit. If you have not previously elected to receive dividend payments by Direct Deposit but would like to do so, please complete the Direct Deposit Authorization Form here http://www.astfinancial.com/ or contact AST by dialing a toll-free number 1-800-937-5449. AST representatives will be available to assist you Monday through Friday, 8:00 am– 8:00 pm Eastern Time.
If you own your shares through a broker / dealer in “street name,” you will receive your cash dividend through your broker / dealer. Please contact your broker / dealer to get specific information on how you will receive your dividend.
If you are unsure which of these categories apply to you, please contact your broker / dealer or AST via email at firstname.lastname@example.org or by phone at 1-800-937-5449.
If held in “street name,” please contact your broker / dealer to have them research the issue directly.
If held as a registered shareholder with AST, please contact AST via email at email@example.com or by phone at 1-800-937-5449.
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