Limerick’s Redfaire secures BGF €13m minority investment
The company intends to put the investment towards its growth strategy, international expansion plans and acquisitions to broaden its reach. Read more: Limerick’s Redfaire secures BGF €13m minority investment
Limerick-based technology firm Redfaire has secured a €13 million minority investment from growth capital firm BGF. Redfaire, founded in 2003, offers consulting, implementation, managed services, application support, and cloud services for Oracle's enterprise resource planning systems, with a focus on Oracle JD Edwards and Oracle Cloud Infrastructure (OCI) and Fusion platforms.
The company employs around 200 people and has offices in Europe, Australia, South America, and Africa. Redfaire intends to utilize the investment for its growth strategy, international expansion, continued development of its Oracle Fusion practice, and strategic acquisitions to broaden its geographic reach and capabilities. CEO and co-founder Brian McInerney welcomed the investment, stating that BGF's backing serves as a strong endorsement of Redfaire's work and team.
BGF Investor MJ Murphy commended Redfaire's ambitious, founder-led approach, highlighting the company's deep technical expertise and long-term client relationships.
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