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ICF International to acquire Ironworks Consulting

ICF International, a provider of consulting services and technology solutions to government and commercial clients, has agreed to purchase Innsbrook-based Ironworks Consulting, LLC for the cash purchase price of $100 million, officials with ICF announced today.

“This transaction is emblematic of ICF’s strategy – to continuously expand our range of implementation service offerings in our markets,” said ICF International Chairman and CEO Sudhakar Kesavan. “Ironworks is an excellent strategic fit for ICF, adding complementary capabilities and clients across several of our key markets. With its record of sustained growth and deep client relationships in similar verticals, it strengthens our position in the fast-growing interactive digital services space.”

Ironworks is an interactive web development firm that provides customer engagement solutions across web, mobile and social media platforms to blue chip companies in the health, energy and financial services industries, as well as to U.S. federal government agencies and nonprofit organizations.

Ironworks is expected to report revenues of $57 million for 2011 and an operating income margin of more than 20 percent.

The purchase will be funded through ICF’s existing bank credit line.

Ironworks, founded in 2001, offers integrated customer-facing applications, including interactive, portal and content management solutions and business and IT alignment services to a number of of Fortune 500 companies and government agencies.

Commercial business is expected to account for approximately 65 percent of Ironworks’ 2011 revenues, representing its work for companies in the health; energy; nonprofit; financial services; and manufacturing, retail, and distribution markets. In the government arena, Ironworks’s clients include Centers for Disease Control and Prevention, Department of Veterans Affairs, and National Science Foundation, among others.

“We are pleased to be joining ICF, which we see as an excellent platform to support our future growth,” said Ironworks Chief Executive Officer Scott Walker. “Our priority markets, emphasis on long-term client relationships, and ‘go-to-market’ strategies are consistent, and both of our firms have entrepreneurial cultures that value collaborative work environments.”
Community

Rotary donates to ‘Bright Beginnings’

The Sandston Rotary Club recently donated $1,000 to the Sandston YMCA for its Bright Beginnings program, which helps provide children in need with school supplies for the new school year. > Read more.

Author, child abuse survivor to speak at Henrico event

To help celebrate twenty years of service to advocating for abused and neglected children in Henrico County, Henrico Court Appointed Special Advocates, Inc. (CASA) will host an evening with bestselling author K.L. Randis on Tuesday, Aug. 26, from 5:30 p.m. to 7:30 p.m. at Belmont Recreation Center in Lakeside.

Randis is best known for her bestselling novel, Spilled Milk, which tells her painful – but ultimately triumphant – personal story of abuse and of child abuse prevention. The book is her first novel.

The event is free to the public, but seating is limited Reservations may be made by e-mailing .(JavaScript must be enabled to view this email address). Belmon Recreation Center is located at 1600 Hilliard Road. > Read more.

Philippines ambassador to the US visits Filipino Festival in Henrico


The Ambassador of the Philippines to the United States Jose L. Cuisia, Jr. attended the Ninth Annual Filipino Festival at Our Lady of Lourdes Church earlier this month. Cuisia (pictured above with festival performers) was welcomed by County Manager John Vithoulkas and Brookland District Supervisor Dick Glover (below) at the church, which is located in Lakeside.

While enjoying some of the cultural performances at the festival, the ambassador and his wife had a private lunch with Vithoulkas, Glover, Eldon Burton (an outreach representative from U.S. Senator Mark R. Warner’s Office) and Father James Begley, the pastor of OLL. > Read more.

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Entertainment

Restaurant watch

Find out how your favorite dining establishments fared during their most recent inspections by the Virginia Department of Health. > Read more.

Cultural Arts Center seeks artists, designs for holiday displays

The Cultural Arts Center at Glen Allen is seeking artists, crafters, and creative groups for three opportunities allowing creative thinkers and doers to design and display imaginative holiday decorations.

The center is seeking designs for:

• Illumination 2014 – A Festival of Trees: Artists can celebrate the holiday season by creating a one-of-a-kind Christmas tree filled with decorations to suit any unique or traditional theme. Past trees exhibited have included Buzz Lightyear; HEROES; Santa tree; Musicology; and many others. > Read more.

Weekend Top 10


For our Top 10 calendar events this weekend, click here! > Read more.

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Calendar

The American Red Cross will hold a blood drive from 11 a.m. to 3 p.m. at Henrico Doctors’ Hospital Forest Campus, 1602 Skipwith Rd. Eligible donors with types O negative,… Full text

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