Observed Signal · Aug 21, 2026 · Funding · Source: BGF · Impact: 4/5
BGF invests €13m in Redfaire and announces multiple new investments and exits
BGF has completed a €13 million minority investment in Limerick-based Redfaire, an ERP and cloud services provider founded in 2003. The funding will support Redfaire's international expansion, service development, and selective acquisitions. Redfaire recently acquired eKal Solutions and will appoint Glenn Timms as Non-Executive Chair via the BGF Talent Network.
This investment underscores BGF's continued commitment to scaling founder-led technology businesses in Ireland and the UK. It enables Redfaire to accelerate international growth and pursue strategic acquisitions in the competitive ERP and cloud services market.
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Key Takeaways & Evidence Grounding
- BGF completed a €13 million minority investment in Redfaire, announced on 21 August 2026.
- Redfaire is a Limerick-headquartered ERP and cloud services provider founded in 2003 with over 200 employees.
- The funding will support international expansion, continued service development, and selective acquisitions.
- Redfaire recently acquired eKal Solutions, adding capabilities in human capital management, enterprise performance management, financials, and supply chain management.
- Glenn Timms is being appointed as Non-Executive Chair of Redfaire through the BGF Talent Network.
Connected Companies & Entities
1 Entity mapped“BGF is the investor that completed the €13 million minority investment in Redfaire and will provide capital, strategic guidance, and access ...”
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