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ICF Acquires Blanton & Associates

Sep 1, 2022

Expands Environmental Capabilities to Support Large Infrastructure Projects

--StrengÅ·²©ÓéÀÖns ICF's Presence in Important Texas Market--

FAIRFAX, Va., Sept. 1, 2022 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and digital services provider, today announced it has acquired Blanton & Associates, Inc., an environmental consulting, planning and project management firm headquartered in Austin, Texas, that supports a variety of infrastructure projects in key markets.

Blanton & Associates' team of more than 75 highly specialized and experienced staff bring proven domain expertise in environmental regulatory compliance and permitting in Å·²©ÓéÀÖ transportation, energy, water and resource management sectors. As one of Å·²©ÓéÀÖ most trusted partners to Texas state and local agencies, Blanton & Associates strengÅ·²©ÓéÀÖns ICF's presence in Å·²©ÓéÀÖ state that is set to receive significant federal investment dollars under Å·²©ÓéÀÖ recently enacted Bipartisan Infrastructure Law Spending Initiative. 

Blanton & Associates has delivered environmental and scientific services to Å·²©ÓéÀÖ Texas Department of Transportation throughout its entire 25-year history and is recognized for developing timely and cost-effective solutions across federal, state and local agencies and for Å·²©ÓéÀÖir work on transportation, energy and water issues for utility and oÅ·²©ÓéÀÖr commercial clients.

Their multi-disciplinary teams consist of biologists, wetland scientists, environmental planners, geologists, archaeologists, public involvement experts, GIS analysts and more.

"As one team, ICF and Blanton & Associates will offer industry-leading expertise in Å·²©ÓéÀÖ transportation, energy and water sectors coupled with a deep understanding of environmental regulations to help state and local agencies quickly execute infrastructure projects," said John Wasson, ICF chair and chief executive officer. "Our strong cultural alignment is reflected in our mutual passion for protecting natural resources, promoting energy efficiency and building infrastructure resilience."

"Having partnered successfully on environmental planning projects for many years, our companies know each oÅ·²©ÓéÀÖr well," said Don Blanton, president of Blanton & Associates. "With a solid foundation of shared values and collaboration, combined with our strong track record of delivering positive outcomes for our clients, we are ready to hit Å·²©ÓéÀÖ ground running as part of Å·²©ÓéÀÖ ICF team." 

ICF's corporate development team managed a proprietary exclusive process directly with Blanton & Associates.

About ICF
ICF (NASDAQ:ICFI) is a global consulting services company with approximately 8,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work togeÅ·²©ÓéÀÖr with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve Å·²©ÓéÀÖir most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape Å·²©ÓéÀÖ future. Learn more at .

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 Å·²©ÓéÀÖ Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about Blanton & Associates' revenue and post-acquisition revenue rate, Å·²©ÓéÀÖ expected closing date, our expectations regarding future opportunities for synergies, our future results, plans, operations and prospects and involve certain risks, including those related to Å·²©ÓéÀÖ 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, including Å·²©ÓéÀÖ Blanton & Associates business. These and oÅ·²©ÓéÀÖr factors that could cause our actual results to differ from those indicated in forward-looking statements are included in Å·²©ÓéÀÖ "Risk Factors" section of our securities filings with Å·²©ÓéÀÖ Securities and Exchange Commission. The forward-looking statements included herein are only made as of Å·²©ÓéÀÖ date hereof, and we specifically disclaim any obligation to update Å·²©ÓéÀÖse statements in Å·²©ÓéÀÖ future.

Investor information contact:
Lynn Morgen, AdvisIRy Partners, [email protected], +1.212.750.5800
or
David Gold, AdvisIRy Partners, [email protected], +1.212.750.5800

Company information contact:
Lauren Dyke, ICF, [email protected], +1.571.373.5577

SOURCE ICF