Orion, a global IT business solutions firm has acquired New York-based Vernalis Group, Inc. and India-based Vernalis Systems Private Limited in an all-cash deal..Vernalis provides custom software and technology solutions to a variety of enterprise clients in the financial services and professional athletics industries..Orion is backed by Washington, DC-based private equity firm Potomac Equity Partners, which was represented by Brown Rudnick LLP..Vernalis was represented by Gibson & Perkins, PC..Poovayya & Co. acted as India counsel for Potomac Equity Partners and the team was led by Partners Siddhartha George and Rohan Kumar, along with Senior Associate Priyanka Shreni and Associates Amit Kiran and Gazzal Bishnoi.
Orion, a global IT business solutions firm has acquired New York-based Vernalis Group, Inc. and India-based Vernalis Systems Private Limited in an all-cash deal..Vernalis provides custom software and technology solutions to a variety of enterprise clients in the financial services and professional athletics industries..Orion is backed by Washington, DC-based private equity firm Potomac Equity Partners, which was represented by Brown Rudnick LLP..Vernalis was represented by Gibson & Perkins, PC..Poovayya & Co. acted as India counsel for Potomac Equity Partners and the team was led by Partners Siddhartha George and Rohan Kumar, along with Senior Associate Priyanka Shreni and Associates Amit Kiran and Gazzal Bishnoi.
