Acquisition Enhances ICF
Consulting’s
Social Programs
and Human Services Businesses
 WASHINGTON,
DC, October 11, 2005 – ICF
Consulting, a leading management, technology, and policy
consulting firm, announced today that it has acquired Caliber
Associates,
a Fairfax, Virginia, firm that provides high-end consulting
services, primarily to U.S. federal clients. Caliber is an
established leader in providing research, consulting, and
innovation in human
services and human resource issues. With
the addition of more than 300 employees, this acquisition
enhances ICF Consulting’s ability to serve the U.S.
Department of Health and Human Services (HHS), the U.S. Department
of Justice (DOJ), the U.S. Department of Defense (DOD), and
the U.S. Department of Education (ED).
"Caliber and ICF Consulting have similar traditions
of recognized analytical excellence, strong client relationships,
and innovative solutions to our most challenging public policy
issues," says
Sudhakar Kesavan, ICF Consulting Chairman and CEO. "This
acquisition allows ICF Consulting to enhance its information
technology and human
capital service offerings to Caliber’s
federal client base, since both firms share a strong understanding of the mission
of these clients. These integrated qualifications differentiate
ICF Consulting’s
technology and human capital solution offerings to our federal
clients from other providers who are purely technology-centric."
Caliber, with annual revenues of $40 million, provides full life cycle program
consulting and support in research and evaluation, communications, training
and technical assistance, and information technology. Together,
ICF Consulting and Caliber have expanded capabilities to assist both
civilian and national security organizations in developing more effective and
innovative human resource, education, and social service programs.
"Our client bases and skill sets are highly complementary, and both
firms share a deep commitment to partnering with our clients to perform quality,
meaningful work," says Sharon Bishop, Caliber co-founder and Vice President.
"I am confident that joining with ICF Consulting will allow us to enrich
our delivery of valuable and innovative solutions to our clients, while providing
enhanced opportunities to our employees."
Caliber co-founder and President Jerry Croan says, "Caliber has served
clients for more than 22 years, and our employees pride themselves in helping
clients develop effective solutions for the public good. I am delighted that
Caliber clients found a home at a firm similarly known for its subject matter
expertise, distinguished professionals, and analytical rigor."
Both Jerry Croan and Sharon Bishop will continue to manage the Caliber
business within ICF Consulting.
Legg Mason Wood Walker, Incorporated, acted as financial advisor to ICF Consulting
for this transaction. BB&T Capital Markets | Windsor Group acted
as financial advisor to Caliber Associates.
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ICF International (Nasdaq: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 1,800 employees serve these clients worldwide. ICF’s Web site is http://www.icfi.com.
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For Immediate Release
Contact: Douglas Beck
1.703.934.3820
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