Multihog Limited is focused on the design and manufacture of compact multi-purpose tractors, particularly for municipal, airport and commercial use. The range of applications for its product range includes street sweeping, snow clearing, hedgerow cutting, mowing and surface cleaning. The Company exports to c. 30 countries and will launch an electric powered model in 2024.
Pegasus Capital advised a private investor on a material investment in Multihog Ltd., thereby providing the business with a partner whose time horizons and ambitions align with the management team.
Year: 2023
Sector: Manufacturing
Terms: Not disclosed
Further Transactions
Year: 2026
Sector: Software & TMT
Terms: €13 million Investment
Pegasus Capital advised Redfaire on its minority investment from BGF. Redfaire is a leading JD Edward and Oracle JD Edwards Consultancy, offering a full range of ERP Consulting Services, International Rollouts, Upgrades, CNC, Support, IaaS, SaaS and PaaS with offices in UK, Ireland and US. Together, the group offers a unified ERP and Cloud transformation service, broader global delivery capacity, deeper expertise across Oracle Cloud and AI and more value for JD Edwards customers planning hybrid or long‑term cloud migration.
BGF is a growth capital investor in small and mid-sized businesses across Ireland and the UK, investing across a broad range of sectors. 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.
Year: 2026
Sector: Education
Terms: Not disclosed
Axis Education Group brings together the Dublin Academy of Education, Independent College, International House Dublin and Public Affairs Ireland. The group serves over 20,000 in-person and online learners across three Dublin campuses, employs more than 220 academic and administrative staff, and combines more than 90 years of educational experience. Pairing the Dublin Academy of Education's teaching with Studyclix's digital reach deepens the group's ability to support learners both in the classroom and online.
Year: 2026
Sector: Software
Terms: Not disclosed
Pegasus Capital advised Alkimii on its majority investment from August Equity. Alkimii is an Irish-headquartered hospitality software business providing workforce management, HR, property operations, and analytics software to hotel and hospitality operators. The business was founded by Ronan McAuley in 2015.
August Equity is a London-based private equity investor, focused on essential services and B2B software businesses across the UK and Ireland.
Year: 2026
Sector: Business Services
Terms: Not disclosed
Pegasus Capital advised the shareholders of TelLab on the sale of the business to Celnor Group, a group of ambitious, entrepreneur-led businesses in the Testing, Inspection, Certification and Compliance (TICC) sector with revenues of £275m across four divisions and operating across 60 locations in six countries. TelLab was founded in 1991 and operates from its INAB ISO 17025-accredited laboratory facilities in Tullow, County Carlow, providing environmental analysis, water testing, fuel analysis, chemical manufacturing and research & development services.