Sage Communications | June 22, 2022
Sage Communications, a leading technology and public sector marketing and public relations agency in the Washington, D.C.-metro region, announced today that the company has formed a strategic alliance with federal management consultancy Deep Water Point to provide top-level marketing and professional services to businesses supporting the federal government.
The new alliance provides an unmatched solution for companies that seek to increase their business and growth in the federal government. Through a combination of both companies’ extensive understanding of the federal government, its critical programs, and industry, Sage and Deep Water Point will offer broad strategic and tactical capabilities to their many clients working with the federal government.
Our new alliance with Deep Water Point brings together our team’s ability to foster a more welcoming and informed federal market with Deep Water Point’s knowledge and experience from the perspective of federal agencies and government contractors. Whether targeting an entire agency mission or just one program, Sage Communications and Deep Water Point together will help companies map an efficient, practical, and doable path to success.”
David Gorodetski, co-founder and CEO of Sage Communications
Deep Water Point’s unparalleled understanding of government agencies and programs stems from its longstanding relationships and direct experience across every federal mission. Its team of more than 300 former senior-level agency and industry leaders guide clients to the right opportunities for their capabilities, increasing win probability and leading to success.
The new partnership with Sage will not only further that path to success but also bolster current capabilities by adding more professional communication experts within marketing and public relations while developing integrated offerings.
“Moving our business forward with one of the top marketing and PR agencies in the D.C. metro area provides both companies the opportunity to offer a more comprehensive suite of services to our mutual clients. Most importantly, companies doing business with us will benefit and that’s the basis for our relationship,” said Howard Seeger, Deep Water Point’s President and CEO.
About Sage Communications
Located in the Greater Washington, D.C. area, Sage Communications is a full-service marketing communications and public relations agency providing strategic marketing services to technology, government, healthcare, pharmaceuticals, non-profits and consumer-oriented organizations. The company provides a unique fusion of traditional and digital services that include public relations, advertising, marketing, branding, social media, interactive services, and event management to Fortune 500 companies, start-ups, non-profits, government agencies, associations and coalitions to deliver custom, high-impact communications programs. Sage supports several organizations and activities including the Leadership of Greater Washington, DC Jazz Festival, Access Youth, and The Children’s Inn at NIH.
About Deep Water Point
Deep Water Point’s unique combination of government and industry expertise helps businesses accelerate their growth in the complex federal market. With 300+ former senior government and industry executives who have operational experience and a proven track record of success, our expertise covers the federal civilian, DOD, intelligence community, and health and life sciences markets. Our complete array of services, from opportunity identification through capture, implementation, and operations, is unmatched by any other federal government consultancy. With a presence throughout the National Capital Region, Central Florida, the United Kingdom and the European Union, Deep Water Point has become one of the fastest growing and respected consultancies in the federal market.
Carahsoft | June 13, 2022
Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, announced that it has been named the 2022 Federal Partner of the Year for “Excellence in Engagement” by Dell Technologies. This award was presented to Carahsoft at Dell Technologies World recognizing Carahsoft’s dedicated sales, integrated marketing, and overall quest to best serve customers alongside Dell.
We are honored to be recognized as Dell’s Federal Partner of the Year. With the support of our reseller partners, our dedicated Dell team is committed to driving value through customer and reseller education, implementing strategic marketing campaigns, and coming up with new ways to interest our customers in the power of Dell. We look forward to continuing this momentum and building upon this successful partnership.”
Maryam Emdadi, Vice President, Carahsoft
Carahsoft became an authorized distributor for Dell in 2017 after many successful years working with the company. Carahsoft works closely with Dell Technologies to develop and implement marketing initiatives, such as the Dell Partner Webinar Series, which trains and empowers hundreds of customers and partners on the capabilities of Dell’s industry-leading technology.
Over the past five years, Carahsoft has grown to become Dell’s largest Federal Distributor. Carahsoft and our reseller partners remain committed to furthering Dell’s business momentum and driving value for customers.
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles.
ICF | June 10, 2022
ICF, a worldwide consulting and digital services firm, said today that it has reached a definitive agreement to acquire SemanticBits, a leading provider of mission-critical digital modernization solutions to US government health agencies.
In 2022, SemanticBits is predicted to produce $135 million in yearly revenue. In 2023, almost $115 million of that will be recurring, owing to the conclusion of many small company contracts. As part of ICF, SemanticBits is expected to produce EBITDA margins in the high teens, based on its track record of double-digit sales growth. ICF will use its existing credit facility to cover the $220 million deal. Upon completion, the deal is expected to be accretive to ICF's EPS.
SemanticBits offers a comprehensive set of open-source digital modernization services, including end-to-end agile at scale development, cloud-native solutions, data analytics, and human-centered design.
SemanticBits, which was founded in 2005, has a team of 450 technologists and practitioners with experience working on large federal health IT projects and expertise across 30 technology platforms. They use a fully agile approach that complements ICF's deep federal health domain expertise and digital modernization capabilities. SemanticBits provides help to federal health authorities in the United States, primarily the Centers for Medicare and Medicaid Services (CMS).
This latest acquisition is in keeping with our strategy to complement organic growth with acquisitions that strengthen ICF's position in key growth markets and provide meaningful revenue synergies over time."
John Wasson, ICF chair and chief executive officer
John further added, "SemanticBits' advanced health IT and data science solutions accelerate and improve mission impact and health outcomes. As one of the industry's leading digital service and platform providers using open-source, SemanticBits scales our rapidly growing set of digital modernization capabilities and, together with our deep federal health expertise, will enable ICF to support larger, more complex projects across federal civilian agencies."
The acquisition is scheduled to close in mid-July, subject to regulatory and customary conditions. When ICF reports its second quarter results in early August, it aims to publish updated financial forecast for the full year 2022, which will include the projected contribution from the SemanticBits purchase.