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ICF International (ICFI) Completes Buyout of We are Vista

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So far this year, shares of ICF International, Inc. (ICFI - Free Report) have gained 38.7%, outperforming the 13.4% rise of the industry it belongs to.

 

The company recently completed the purchase of We are Vista, a U.K.-based creative communications agency.

We are Vista — known for its work in communications strategy, research, digital engagement, content development, design and art direction — will join ICF International's global marketing and communication team.

With its presence in London and Leeds, the company will help ICF International expand its integrated set of advisory and engagement marketing capabilities across Europe while serving its public and private sector clients in the region.

Together, they are expected to deliver analytics supported marketing and communications services, to better serve clients with transformative engagement strategies.

Bottom Line

The latest move is one of ICF International’s business strategies to strengthen its global marketing, technology, communications and digital services portfolio. This follows the appointment of John Armstrong (a former founding executive of IBM iX) as executive vice president and group lead for ICF Olson (the commercial marketing and communications division of ICF International) on Sep 6 and the acquisition of London-based loyalty strategy and marketing company —  The Future Customer on Jan 2.

Zacks Rank & Other Stocks to Consider

Currently, ICF International carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Some other top-ranked stocks in the broader Business Services sector include Broadridge Financial Solutions (BR - Free Report) , Paychex (PAYX - Free Report) and Core-Mark Holding Company (CORE - Free Report) . While Broadridge sports a Zacks Rank #1, Paychex and Core-Mark carry a Zacks Rank #2.

The long-term expected earnings per share growth rate for Broadridge Financial Solutions, Paychex and Core-Mark is 10%, 8.4% and 13%, respectively.

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