Infosys Enhances Trading Capabilities with MRE Consulting Acquisition
Deal News | Apr 17, 2025 | PR Newswire Cision Infosys
Infosys, a leader in next-generation digital services and consulting, has announced an agreement to acquire MRE Consulting, a Houston-based firm known for its expertise in energy and commodity trading and risk management (E/CTRM). This acquisition aims to strengthen Infosys' capabilities in the energy sector, aligning with the global trend towards sustainable energy solutions. MRE Consulting, founded in 1994, brings over 200 professionals with deep industry knowledge and proprietary frameworks in E/CTRM, enhancing Infosys' service offerings. The acquisition is expected to be finalized by the end of June 2025, subject to customary conditions. The leaders of both companies express excitement about the synergy and expanded opportunities this merger will bring. Infosys emphasizes the strategic importance of this move as the energy sector is increasingly digitized and transformed by AI and other technologies. The acquisition will also extend Infosys' client base and deepen its capabilities in digital transformation within the energy domain.
Sectors
- Information Technology and Consulting
- Energy and Utilities
Geography
- India – Infosys is headquartered in Bengaluru, India, and plays a key role in the Indian IT and consulting industry.
- United States – MRE Consulting is based in Houston, Texas, and the acquisition signifies Infosys' expansion in the US, particularly in the energy sector.
Industry
- Information Technology and Consulting – Infosys, being a global leader in digital services and consulting, operates in this sector, providing various technological solutions and consulting services.
- Energy and Utilities – MRE Consulting's specialization in Energy/Commodity Trading and Risk Management (E/CTRM) extensively engages with the energy and utilities sector.
Financials
- Not disclosed – The financial terms of the acquisition deal between Infosys and MRE Consulting were not disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
Infosys | Acquirer | Company | Infosys is a global leader in next-generation digital services and consulting, enabling clients worldwide to navigate digital transformations. |
MRE Consulting Ltd. | Target | Company | MRE Consulting is a technology and business consulting service provider specializing in Energy/Commodity Trading and Risk Management (E/CTRM). |
Mike Short | Founder | Person | One of the founders of MRE Consulting, involved in the company's operations and strategic direction. |
Dru Neikirk | Founder | Person | One of the founders of MRE Consulting, involved in the company's operations and strategic direction. |
Shane Merz | Founder | Person | One of the founders of MRE Consulting, involved in the company's operations and strategic direction. |
Ashiss Kumar Dash | EVP & Global Head | Person | Exec at Infosys leading their Services, Utilities, Resources, Energy, and Sustainability operations. |