Potomac Equity Partners has made an undisclosed investment in Orion Systems Integrators. Based in New Jersey, Orion is a provider of information technology solutions for Fortune 500 and other mid-market clients.
WASHINGTON, D.C., JANUARY 7, 2015 – Potomac Equity Partners, LLC, a Washington, D.C.-based investment firm whose principals have extensive experience investing in the software and technology sectors, today announced an investment in and partnership with Orion Systems Integrators, LLC (“Orion”), a leading and rapidly growing provider of information technology (“IT”) solutions for Fortune 500 and other mid-market clients. Terms of the transaction were not disclosed.
Headquartered in New Jersey with a global workforce of over 1,100 employees located in nine offices spanning four continents, Orion provides a full range of IT solutions, including enterprise software design and development, cloud computing services, data analytics, business intelligence, managed services and systems integration services to Fortune 500 and mid-market clients.
The company serves as a strategic partner to numerous customers in the financial services, healthcare, communications, consumer products, education, and government industries. Through its U.S. base, offshore development centers in India and Chile, and emerging presences in Germany and Canada, Orion has the ability to service a broad range of client engagements and deliver cutting edge and cost-effective solutions to clients.
“Orion is poised to capitalize on the continued growth in the IT services industry, driven by the increased global adoption of cloud-based and mobility solutions, and build on its strong existing customer base,” said John Bates, Founder and Partner of Potomac Equity Partners. “Potomac Equity Partners is honored to be partnered with Orion and its management team, and looks forward to working with the company to help it realize its full potential and capitalize on the numerous opportunities in front of the company.”
Potomac Equity Partners’ investment in Orion will further accelerate Orion’s realization of its numerous growth opportunities, including an expansion of the company’s sales and customer service organization, technology capabilities, solutions portfolio and global capabilities.
“We are genuinely excited to be partnered with Potomac Equity Partners,” said Sunil Mehta, Chief Executive Officer of Orion. “The firm’s expertise investing in technology companies and its network of relationships within our targeted customer base will be invaluable as we build on the strong growth we have achieved over the past twenty-two years.” He added “This partnership will further enable Orion in providing world-class, innovative, scalable, high-performance technology solutions to the business community.”
About Potomac Equity Partners, LLC
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, information services, and healthcare IT and services. For more information, visit www.potomacequitypartners.com.
About Orion Systems Integrators, LLC
Founded in 1993 and headquartered in New Jersey, with nine offices spanning four continents and a workforce of over 1,100 employees, Orion Systems Integrators is a global provider of IT solutions and services to the Fortune 500 and mid-market clients. Orion serves as a strategic IT partner for leading financial services, healthcare, communications, consumer products, education, and government organizations. Orion offerings include mission critical enterprise software design and development, cloud development and integration, cloud migration, data analytics and business intelligence, mobility solutions, quality assurance, infrastructure support, systems integration, implementation, maintenance and support services. 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 21 of the 22 years since its founding. For more information, visit www.orioninc.com.