In Spring 2019, MERA met with a private equity firm, One Equity Partners, to execute a merger combination with Orion Business Innovation, a premier provider of business transformation solutions. For both MERA and Orion, this acquisition was the first step towards an ambitious goal – to create a firm with leading capabilities in the IT market, that could deliver with agility and scale.
The strategic merger of MERA and Orion has more than doubled the strength of each business. In just a year, the headcount of the combined entity has grown to 4,000 employees, with subsequent acquisitions of Behavior Design, Cabeus, Tekmark, and Zodiac. These acquisitions enabled the company to offer clients a unique combination of digital strategy, experience design, and engineering services with expanded delivery capabilities across the US and Europe. Possessing over 30 years of experience in designing outsourced software solutions, MERA takes a central role in the combined company’s Digital Product Development division.
In March 2020, a year after the merger, the company united under a new corporate brand name “Orion Innovation”. Orion’s mission is to be an agile and trusted partner for business transformation initiatives, providing deep emerging technology, digital design and domain expertise. Having significantly extended its services portfolio, the company now works with a wide range of clients across many industries including financial services, professional services, telecommunications and media, consumer products, automotive, industrial automation, professional sports and entertainment, life sciences, ecommerce and education.
“Diversification of business and the possibility to cross-sell expanded services to existing customers, allows us to continue to grow in this unprecedented and unpredictable time. Access to new services and industry verticals opens new possibilities for our clients,” said Max Kitaygora, Chief Business Development Officer at Orion Innovation.