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Press Release

ICF Completes Acquisition of ITG

Jan 31, 2020

Lynn Morgen
AdvisIRy Partners
David Gold
AdvisIRy Partners
Lauren Dyke
Vice President, Communications

ICF (NASDAQ: ICFI), a global consulting and digital services provider, announced today that it has completed the acquisition of Incentive Technology Group, LLC (ITG), a leading provider of cloud-based platform services to the U.S. federal government.

Read more about the acquisition and ICF's enterprise technology services.

About ICF

ICF (NASDAQ:ICFI) is a global consulting services company with over 7,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.

Caution Concerning Forward-looking Statements

Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.