Infosys to acquire MRE Consulting for $36 million in all-cash deal

IT services major Infosys on Thursday said it will acquire US-based MRE Consulting Ltd. in an all-cash deal worth USD 36 million.

The Houston-headquartered MRE Consulting, with a team of over 200 professionals, provides technology and business consulting services to the Energy & Utilities, Services, and Healthcare industries.

The IT firm will acquire the consultancy company through its wholly owned subsidiary Infosys Nova Holdings LLC.

The acquisition will enable Infosys to deepen its presence in the E/CTRM domain and tap into MRE’s client base and proprietary business process frameworks.

“This strategic investment brings newer capabilities for Infosys in trading and risk management, especially in the energy sector,” the company said in a regulatory filing.

Ashiss Kumar Dash, Executive Vice President and Global Head – Services, Utilities, Resources, Energy, and Sustainability at Infosys, said the acquisition comes amid rising demand for digital transformation in the energy and commodities space.

“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,” Dash said.

MRE’s founders Mike Short, Dru Neikirk and Shane Merz said the partnership with Infosys would allow them to scale their operations, deliver new capabilities and expand into new markets.

The acquisition is expected to close during the first quarter (April-June) of FY26.