ICF International files for IPO
- By David Hubler
- Sep 15, 2006
ICF International, a provider of management, technology and policy consulting services to the federal government, has filed for its initial public offering with the Securities and Exchange Commission.
The company, based in Fairfax, Va., said it will sell close to 4.7 million shares for $14 to $16 a share. The IPO is expected to raise about $86 million.
ICF said it will list its stock on the Nasdaq National Market under the symbol ICFI.
The company, founded in 1969, has 1,300 employees and reported revenue of $177 million in fiscal 2005, which ended Dec. 31.
In its SEC filing, the company said its principal competitors include BearingPoint, Booz Allen Hamilton, CRA International, L-3 Communications, Lockheed Martin, Navigant Consulting, Northrop Grumman, PA Consulting Group, Science Applications International Corp. and SRA International.
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.