IT firm Orion makes pair of acquisitions
IT solutions firm Orion has made two acquisitions this month, gaining software and tech solutions companies Vernalis Group in New York and Vernalis Systems Private in India. The purchases will extend Orion’s capabilities in the professional services industry and enable its entry into sports and entertainment.
Monmouth Junction-based information technology business solutions company Orion has made a pair of acquisitions this month, it announced recently.Monmouth Junction-based information technology business solutions company Orion has made a pair of acquisitions this month, it announced recently.



In the first deal, the company acquired software and technology solutions companies Vernalis Group Inc., based in New York, and Vernalis Systems Private Ltd., based in India. The transaction will increase Orion’s presence in the professional services industry, as well as giving it entry into the sports and entertainment sector, the company said in a news release.



“We are excited about the acquisition of Vernalis and the opportunities of our combined company,” Orion CEO Raj Patil said in a prepared statement. “Rarely do two firms bring such a similar customer engagement model to bear; and the resulting close partnerships that Vernalis has developed with its marquee customers will be a valuable addition to Orion’s existing list of customer partners.”



In the second deal, it added Melville, New York-based network design company Structured Network Solutions Inc. That deal will bolster Orion’s offerings in the network strategies and solutions area, while adding to its market share in government and nongovernmental organizations, as well as not-for-profit verticals, the company added.



“SNS is Orion’s second acquisition this year and reflects our overall commitment to strategic, sustainable growth,” Patil said. “This acquisition strengthens our high-end IT infrastructure design and management capabilities in the areas of private and public cloud environments.”



SNS co-founders Anthony Anastasio, Barry Dubson and Joe D’Agostino will remain in their current roles with the company, along with their team of more than 20 developers, architects and systems engineers, Orion said.



Orion is a portfolio company of Washington, D.C.-based private equity firm Potomac Equity Partners.

