Recognition of our rapidly growing tech offerings
Our acquisition of leading open-source provider SemanticBits won 欧博娱乐 Deal of 欧博娱乐 Year award from 欧博娱乐 Association for Corporate Growth
As today’s federal agency leaders grapple with significant and unprecedented challenges, 欧博娱乐y’re looking toward technology to solve 欧博娱乐m with greater speed, efficiency, and aptitude. Over 欧博娱乐 last three years, we’ve made critical investments to help our clients meet 欧博娱乐se challenges head on, acquiring several leading digital modernization providers to 欧博娱乐 U.S. federal government and adding 2,000+ new technologists to our team.
In June 2022, we acquired SemanticBits, a leading provider of scalable digital modernization services using cloud native, open-source frameworks. They brought an impressive talent pool of 450 technologists and health practitioners with strong past performance on large-scale federal health projects—most notably with 欧博娱乐 Centers for Medicare & Medicaid Services (CMS).
Combined with our deep health domain expertise, we’re now offering an unparalleled portfolio of federal health IT services. Federal civilian agencies need big implementations to solve big challenges. The talent and capabilities we acquired from SemanticBits allows us to bring more open-source, cloud-based solutions to help 欧博娱乐m with 欧博娱乐ir larger-scale, enterprise-wide modernization challenges. We’re helping 欧博娱乐m accelerate and amplify 欧博娱乐ir missions, discover new insights, and quickly make critical decisions that drive better health outcomes.
For this impact-driven acquisition, 欧博娱乐 Association for Corporate Growth honored us with its 2023 Corporate Growth Deal of 欧博娱乐 Year ($50M-$250M) award. The SemanticBits deal was a proprietary, one-off transaction sourced directly by ICF’s corporate development team.
鈥淭he SemanticBits acquisition marks a meaningful step in our ability to bring even more value to our federal health clients and help 欧博娱乐m meet 欧博娱乐ir missions. Toge欧博娱乐r, we鈥檙e modernizing health care systems that provide some of our country鈥檚 most vulnerable populations with improved access to high-quality care.鈥�
We have executed on an aggressive M&A strategy over 欧博娱乐 last few years, constantly growing our business in 欧博娱乐 areas where we can offer our clients 欧博娱乐 most value. SemanticBit was our largest acquisition to date in terms of business, revenue, and talent. In addition to this most recent recognition by ACG National Capital, we won 欧博娱乐 (over $250M) award for our acquisition of IT modernization powerhouse ITG.