M&A

ICF closes deal for CITYTECH

ICF International has closed its acquisition of CITYTECH, bringing on increased capability in areas such as web experience management and mobile application development.

Financial terms of the deal were not disclosed.

Chicago, Ill.-based CITYTECH specializes in enterprise applications development, web experience management, mobile application development, cloud enablement, managed services and customer experience management solutions. The company is a leading partner with Adobe.

The company had $16 million in annual revenues and 100 employees in fiscal 2013.

CITYTECH complements ICF Interactive, a service offering from ICF, which combines user experience, creative services, systems integration, marketing, and e-commerce services into an integrated suite of capabilities designed to meet commercial and government clients’ digital and interactive business needs, the company said in a release.

Squire Sanders provided ICF with legal counsel, and PricewaterhouseCoopers conducted financial and tax due diligence. For CITYTECH, Polsinelli served as legal counsel, and Corum Group was financial advisor, ICF said.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

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