Nitin Khanna is an Indian-born business professional who has spent the past two decades investing in and founding a series of successful companies. Khanna currently serves as the CEO of MergerTech, a Portland-based mergers and acquisitions (M&A) firm that he established with his brother in 2009. The firm helps in an advisory capacity to a variety of global clients, with this being driven through its experienced and dedicated team and years of expertise. However, Khanna had a long career before getting to this.
After he graduated from Purdue University, Nitin Khanna initially served in paper manufacturing with Oracle before moving on to become CEO of cannabis product developer Cura Cannabis. Khanna grew up in his native India, where he was inspired by his hardworking and entrepreneurial family. This led to him dreaming big, which prompted a move to attend the West Lafayette-based university at age 17.
While at the university, Nitin Khanna majored in industrial engineering and later pursued an M.A. in the niche. Not long after graduating, he worked with International Paper as a manufacturing engineer until 1994, before moving on to Oracle, where he worked until 1998. However, Khanna was still inspired by his family’s entrepreneurial spirit, which led to him and his brother establishing Saber Software in 1999.
The company offered voting technology solutions to public and private agencies, a niche that was bolstered in 2000 following the results of the Gore v Bush election. This led to states being forced to modernize their election software by 2006, with Oregon being the first state to do so. As a result, Nitin Khanna was able to secure a contract between Saber Software and the state government, which led to 21 more states working with the company.
With Saber Solutions managing this many voting systems, it became the largest provider of state government solutions in the country. As a result of these contracts, Nitin Khanna was able to expand the company to over $300 million in yearly revenue while employing 1,500 people across the country. This then led to Khanna selling the company to in 2008 for over four times this revenue, with the entrepreneur receiving a position with the firm.
In the years that followed, Nitin Khanna led eight M&A acquisitions with the firm, which gave him the experience necessary to start his own company in the niche. Much of this was driven by the fact that a significant number of people were coming to him seeking advice for their acquisitions. Alongside this, Khanna wanted to help the economy in Portland, as well as use his position to give back to the community.
As a result, Nitin Khanna soon started investing in a variety of firms across the city, which led to the idea of MergerTech. The company, which was established in 2009, focuses on M&A advisory services and works with a variety of international clients in the technology industry. The primary services that the business focuses on are helping tech companies find a financial or strategic partner that best suits their needs and growth strategy.
Find out more here https://mergertech.com/team/nitin-khanna/