Investment in Redfaire from BGF
Founded in 2003, the Limerick-headquartered business provides consulting, implementation, managed services, application support and cloud services across Oracle’s JD Edwards (JDE), Oracle Cloud Infrastructure (OCI) and Fusion platforms. Now a team of more than 200 people, Redfaire supports a customer base of blue-chip global enterprises running complex, mission-critical systems, with operations across Ireland, the UK, mainland Europe and North America.
Pegasus Capital advised the shareholders of Redfaire on its €13 million minority investment from BGF.
Redfaire is a leading Oracle ERP services provider headquartered in Limerick. Founded in 2003, the company supports enterprise customers across Ireland, the UK, Europe, North America, the Middle East, and Asia Pacific with consulting and implementation, managed services, application support and cloud services spanning JD Edwards, Oracle Cloud Infrastructure and Oracle Fusion.
Redfaire has built a strong reputation as a trusted Oracle partner, combining deep technical expertise with long-term customer relationships and an international delivery network. Redfaire is also an award winning, accredited Oracle Cloud Managed Service Provider, positioning the company to support customers as they modernise their ERP estates and adopt cloud and hybrid solutions.
BGF is a growth capital investor in small and mid-sized businesses across Ireland and the UK, investing across a broad range of sectors. The firm is led by CEO Andy Gregory, with Leo Casey serving as Partner and Head of Ireland, overseeing BGF’s investment activities across the island of Ireland. In Ireland, BGF is backed by the Ireland Strategic Investment Fund (ISIF), Bank of Ireland and AIB and has €250 million available to invest in Irish SMEs. BGF provides follow-on funding to support further growth, and tailored value creation support from investment to exit.
This is the second transaction that Pegasus Capital has advised Redfaire on in 2026, following on from its agreement to acquire eKal Solutions a UK-based Oracle Fusion consultancy in January 2026.
The investment will support Redfaire’s next phase of growth including international expansion, continued development of its Oracle Fusion practice and selective acquisitions to broaden its geographic reach and capabilities.
Year: 2026
Sector: Software & TMT
Terms: €13 million Investment