ICF International and SkyWorks Holdings Announce Formation of ICF-SkyWorks
ICF-SkyWorks to Market Full Suite of Advisory Services to Airline and Related Industries
Fairfax, Virginia, September 15, 2010 -
ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, and SkyWorks Holdings, LLC, a premier aviation financial advisory and asset management firm, announced today that they have established ICF-SkyWorks, which joins ICF airline and aviation advisory firm SH&E (SH&E/ICF) with SkyWorks Capital. ICF-SkyWorks will offer a full array of advisory services to airlines, aviation suppliers, manufacturers, and private equity and other financial services firms.
Services offered to clients by ICF-SkyWorks include investment banking/financial advisory, consulting, and restructuring. Several unique attributes offered by ICF-SkyWorks that clients cannot receive from generalist firms:
Senior professionals with top-level airline management experience
World-class investment bankers focused on the aviation industry
Outstanding consultants focused on aviation, many of whom have airline management experience
Respected functional experts with in-depth knowledge of airline and aviation operations
"We are pleased to join with SkyWorks to create a full service advisory firm focused on aviation," said Deborah Meehan, co-chair of ICF-SkyWorks and chief operating officer for SH&E/ICF. "Bringing together our collective extensive experience and expertise in the airline and related industries allows clients and potential clients the benefit of working with a single entity to meet their business needs."
"SkyWorks is excited to bring this array of services to the marketplace," said Thomas Mahr, co-chair for ICF-SkyWorks and CEO for SkyWorks Holdings. "The combination results in the most capable advisory firm in the aviation industry."
Scott C. Gibson has joined ICF-SkyWorks as its managing partner. "Clients now have a one-stop shop for all of their needs in the aviation industry and related areas, something the generalist firms cannot provide," said Gibson. "The joining of SH&E/ICF and SkyWorks brings together two of the most recognized and esteemed names in aviation to create a world class global consultancy."
SH&E/ICF provides the aviation industry with a full range of services, including strategy, network, and business advisory; business transformation and performance improvement; human capital analytics and organizational design; and restructuring. Additionally, SH&E/ICF has developed several innovative aviation software systems that merge products, consulting experience, and technical support into effective new management tools for commercial airlines and airports worldwide. Also, the SH&E/ICF proprietary Airport Schedule Report is a monthly airport management information report that summarizes the flight activity of all scheduled domestic and international airline operations at a given airport. All of these services and products will now be offered through ICF-SkyWorks.
About ICF International
ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy and climate change; environment and infrastructure; health, human services, and social programs; and homeland security and defense 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 research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,500 employees serve these clients worldwide. ICF's Web site is http://www.icfi.com.
About SkyWorks Holdings, LLC
SkyWorks Holdings, LLC, is the parent company of SkyWorks Capital, LLC, and SkyWorks Leasing, LLC. SkyWorks Capital provides advisory services on asset-based financings, aircraft selections, financial restructurings, debt and equity offerings, strategic assessments, and mergers and acquisitions. SkyWorks Leasing provides turn-key third party portfolio asset management, remarketing and technical advisory services for commercial aircraft. SkyWorks Capital Asia, a joint venture among SkyWorks Capital, Swire Pacific Ltd. and Air China Development Corp. (Hong Kong) Ltd., provides financial advisory services to aviation industry participants located throughout the Asia-Pacific region.
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 the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the 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. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.