Orion completes second acquisition in two weeks
Monmouth Junction, New Jersey, March 27, 2017 – Orion, a global IT business solutions firm, today announced their most recent acquisition of New York based Structured Network Solutions, Inc., (SNS). This latest transaction is the second acquisition in two weeks and reflects Orion’s efforts to identify strategic acquisitions that fit well towards building the future of the company.
Headquartered in Melville, New York, “SNS” strengthens Orion’s capabilities in network design, directory authentication services, IT security policy, design strategies and storage solutions and adds strength to Orion’s market share in government, non-governmental organizations, and not-for-profits verticals. SNS was co-founded in 1998 by Anthony Anastasio, Barry Dubson and Joe D’Agostino, who will remain in their current roles along with their team of 20+ highly skilled developers, architects, and systems engineers.
“SNS is Orion’s second acquisition this year and reflects our overall commitment to strategic, sustainable growth,” stated Raj Patil, CEO and President of Orion. “This acquisition strengthens our high-end IT infrastructure design and management capabilities in the areas of private and public cloud environments.”
“We are excited at the opportunities that this acquisition creates for us. We have full confidence that this is the right company, and the right time for us to join their team. Orion shares similar values, and bring to bear decades of deep industry and domain expertise, a global presence, and a shared focus on delivering excellence,” stated Barry Dubson, co-founder of SNS.
Orion focuses on delivering solutions across data, analytics, enterprise collaboration, risk and compliance, knowledge management and cloud; enabling its customers to drive their journey “from data to decision making”. The company has established itself as a strategic partner to numerous Fortune 1,000 and large enterprise clients in the financial services, telecom, healthcare, consumer products, education, and government industries. Through its U.S. base and offshore development centers in India, Orion services a broad range of client engagements and delivers cutting edge and cost-effective solutions to clients. Orion is an investment of Washington, DC-based private equity firm Potomac Equity Partners.
Founded in 1993 and headquartered in New Jersey, Orion is a global provider of IT solutions and services to the Fortune 1,000 and large enterprise clients. The Company serves as a strategic IT partner for leading financial services, healthcare, communications, consumer products, education, and government organizations. Orion delivers solutions across data, analytics, enterprise collaboration, risk & compliance, knowledge management and The Cloud. Orion’s ability to service a broad range of clients using its blended engagement models has resulted in delivering cutting edge and cost effective solutions to its clients, and the company has experienced revenue growth in 23 of the 24 years since its founding. For more information, visit www.orioninc.com.
Based in Melville, NY, Structured Network Solutions has been a leading provider of technology integration services since 1998. They help solve technological challenges to help companies get ahead of the competition by designing and implementing critical IT. From computer network installation and management to VPN and remote access solutions, they provide high-end IT consulting services. Their expertise in architecture, design & Implementation of global network initiatives is proven in the work they deliver; including short term project consulting engagements to long-term corporate partnerships that provide strategic direction, implementation, training and staff augmentation. For more information, visit www.snsconsulting.com.
About Potomac Equity Partners
Potomac Equity Partners is a Washington, D.C.-based private equity investment firm focused on providing superior equity returns through the close partnership and collaboration with its portfolio company management team members. The firm strives to invest in companies with leading products and services, superior management teams, and in which its invested capital and collaborative efforts can enable companies to exponentially ramp their long-term growth prospects and overall performance. The principals of Potomac Equity Partners have a long and successful history of investing with management teams across a wide range of industries including software and technology, education and training, healthcare, and information services. For more information, visit www.potomacequitypartners.com.
For additional information, please contact:
Orion Systems Integrators, LLC