One Equity-backed Orion Business Innovations acquired MERA.

One Equity-backed Orion Business Innovations, a fast-growing digital transformation firm headquartered in New Jersey, acquired and merged with MERA, an outsourced product development business headquartered in Switzerland. One Equity Partners is making a significant investment in MERA to support the transaction. Financial terms were not disclosed. “Orion shares MERA’s values and commitment to developing innovative, industry-leading products and providing best-in-class services that customers have come to expect of both our businesses,” said Alex Bogachek, CEO of MERA. “Their core competency in enabling operational efficiencies through enterprise automation solutions aligns well with our outsourced product development capabilities, enabling us to provide a large number of solutions and services for customers across our joint geographies.”