Observed Signal · Aug 21, 2026 · Funding · Source: EU-Startups · Impact: 2/5 · Sentiment: Positive
Redfaire Secures €13 Million to Scale ERP and Cloud Services
Limerick-based enterprise resource planning (ERP) and cloud services provider Redfaire has secured a €13 million minority investment from Ireland-based growth capital firm BGF. The funding will support the company's international expansion, service development, and targeted acquisition strategy. Redfaire recently acquired eKal Solutions to expand its capabilities in human capital, financial, and supply chain management. Along with the funding, Glenn Timms joins Redfaire as Non-Executive Chair.
Redfaire's €13 million funding round allows it to expand its ERP and cloud consulting services internationally, strengthening back-office IT capabilities.
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Key Takeaways & Evidence Grounding
- Redfaire secured a €13 million minority investment from growth capital firm BGF.
- The funding will support Redfaire's international expansion, service development, and acquisition strategy.
- Redfaire recently acquired eKal Solutions to expand its ERP capabilities.
- Glenn Timms has been appointed as the Non-Executive Chair of Redfaire.
Connected Companies & Entities
“Redfaire, a Limerick-based enterprise resource planning (ERP) and cloud services provider, has secured a €13 million minority investment fro...”
“The company specialises in Oracle’s JD Edwards ERP software and Oracle Cloud Infrastructure...”
“Backed by the Ireland Strategic Investment Fund (ISIF), Bank of Ireland, AIB and Ulster Bank...”
“A former PwC Corporate Finance Partner, Timms brings extensive executive and board experience...”
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