ICF Consulting Acquires Two Divisions of Arthur D. Little, Inc.
Fairfax, Virginia, May 17, 2002 -
ICF Consulting announced today that it has closed on the transactions to acquire two major consulting divisions of Arthur D. Little, Inc. (ADL). These divisions, known as Global Environment & Risk (Americas) and Public Sector Program Management, will strengthen and expand significantly ICF Consulting's existing businesses in environment, energy, applied technology, and program management consulting.
Arthur D. Little is the world's first management consulting firm and for more than a century it has brought leading-edge expertise in strategy, implementation, and technology to help governments and corporations around the world. "Arthur D. Little and ICF Consulting have similar traditions of quality and customer focus," says Sudhakar Kesavan, ICF Consulting Chairman and CEO. "Both Arthur D. Little divisions reflect our firm's commitment to growth and service enhancements in our key business lines. Moreover, these services will broaden our existing technology capabilities. ICF Consulting will gain a large presence in the Boston area and this helps us recruit from the considerable pool of professional talent in the region. Additionally, we gain offices in California, Texas, and Brazil, which is consistent with our corporate strategy of expanding our domestic and global presence."
Global Environment & Risk (Americas) division offers diversified environmental services in four functional areas: science and engineering; environmental systems and risk management; applied process technology; and environmental chemistry. These services are provided to all levels of government, energy utilities, and the chemical, resource, and service industries. Kesavan explained, "This division's technology and engineering credentials extend ICF Consulting's expertise in life sciences, risk assessment, and economic analysis."
Public Sector Program Management division provides expertise in program management, technology management, learning integration, e-government, and customer relationship management. Key clients include the FAA, IRS, Postal Service, U.S. Army, and South Carolina Research Authority. Kesavan explained, "This division presents ICF Consulting with an important opportunity to diversify its federal client base, add significant expertise in on-site program management and technology management services, and provide significant leverage for our existing competencies in e-learning, strategic communications, and information technology."
"We are pleased to welcome the accomplished professionals of these Arthur D. Little divisions," says Kesavan. "ICF Consulting's current clients and staff will benefit greatly by getting access to their experience and advice."
About ICF International
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.