Redfaire Raises €13 Million to Expand ERP and Cloud Services Globally

Redfaire will use the investment to expand internationally, improve its services and support its future growth. The company also plans to make selected acquisitions to strengthen its business.

The investment comes soon after Redfaire acquired eKal Solutions. The acquisition adds new expertise in areas such as human resources management, financial management, supply chain management and business performance management.

“We built Redfaire by staying close to our customers and taking on their most complex ERP challenges. BGF’s investment is a strong endorsement of that work and of the team behind it. Their backing allows us to accelerate international expansion, further enhance our capabilities, and broaden our reach and expertise. BGF is a partner that shares our long-term, growth-focused mindset, and we look forward to delivering for our customers and our people,” said Brian McInerney, CEO and co-founder of Redfaire.

MJ Murphy, Investor at BGF, said, “Redfaire is exactly the kind of ambitious, founder-led business that BGF is proud to back. From its base in Limerick, the team has built a genuinely differentiated ERP and cloud practice, earning the trust of some of the world’s largest enterprises through deep technical expertise and long-term client relationships.”

“The management team’s appetite for growth is clear to see, and the real opportunity now is to further scale the business internationally, both organically and through acquisitions. We look forward to supporting the team with capital, strategic guidance and access to our value creation platform as they enter this next phase,” he added.

Founded in 2003, Redfaire helps businesses upgrade their ERP systems and move to cloud or hybrid technology. The company supports customers as they modernise their IT systems.

Redfaire provides a range of services, including consulting, ERP implementation, managed services, application support and cloud services. These services help businesses run and manage their technology more effectively.

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