Infosys to acquire Houston-based MRE Consulting

Infosys, an India-headquartered IT consulting firm, has agreed to acquire MRE Consulting, an energy sector business and technology consulting firm.

Founded in 1994, MRE specializes in business advisory and digital transformation services for energy/commodity trading and risk management. The firm also provides solutions in customer engagement, call center optimization, field service, CPQ/pricing, cloud infrastructure, and digital workplace.

MRE’s technology partners include Salesforce and Microsoft.

The consulting firm has a team of more than 200 professionals.

“At Infosys, we are witnessing a significant rise in demand for digital transformation in energy and commodity trading and risk management (E/CTRM). By combining MRE Consulting's deep E/CTRM capabilities with Infosys' established leadership in the energy, resources and utilities sector, we are further enhancing our ability to drive value for our clients in this critical area of their business,” said Ashiss Kumar Dash, EVP & global head – services, utilities, resources, energy, and sustainability, Infosys.

The transaction is valued at approximately $36 million and is expected to close in the fiscal quarter ending June 30, 2025.

“By joining with Infosys, we will extend our expertise, deliver new capabilities, and expand beyond our current markets, while scaling what makes MRE special. We are truly excited about this new journey," said Mike Short, Dru Neikirk, and Shane Merz, founders of MRE.

Infosys also last week announced an agreement to acquire The Missing Link, an Australian cybersecurity firm, for approximately $94 million.

Infosys is the second largest Indian IT consulting firm, with over 300,000 employees and annual revenue of $19 billion.