M&A

ICF closes deal for Brussels communications firm

Acquisition expands ICF’s European presence

ICF International has completed its acquisition of Mostra SA, boosting ICF’s strategy of providing implementation services that leverage its advisory services and enhances its policy work.

Founded in 1986, Mostra S.A. is a Brussels-based, communications firm with annual revenues of around $40 million. The company has 140 employees offering end-to-end, multi-channel communications solutions to assist government and commercial clients in reaching out to their stakeholders and customers, ICF said in a release.

The acquisition augments ICF’s growth strategy in Europe, adds breadth and depth to ICF’s European-based services, adds advisory capabilities in selected domains to Mostra’s services, adds technology capabilities to Mostra’s strategic communications offerings and creates opportunities for expansion outside of European institutions, ICF said.

Squire Sanders acted as ICF’s legal counsel on the transaction.

PricewaterhouseCoopers conducted financial and tax due diligence for ICF.

Mostra’s shareholders were advised by goetzpartners Corporate Finance.

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.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
 Top 100 Promo 2016
contracts DB
SEARCH

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More