Redfaire Secures €13 Million Minority Investment From BGF To Support Technology Services Growth

Redfaire has secured a €13 million minority investment from BGF to support the continued development of its business, workforce and technology services across the regions it serves.

The investment marks a new growth phase for Redfaire while allowing the company to continue operating with its existing strategic focus and customer relationships.

Redfaire was founded around providing organizations with a combination of technology expertise, practical advice and implementation support.

The company works with customers navigating complex technology decisions and broader transformation initiatives, helping organizations generate greater value from their technology investments.

Over time, Redfaire has expanded by building long-term customer relationships and developing a team focused on delivering technology services across multiple markets.

The €13 million investment from BGF represents a minority position in the company.

Redfaire said the financing reflects confidence in its business, employees and customer relationships.

The new capital will be used to support further development of the company and the services it provides to customers.

Redfaire also plans to continue investing in its people as the company expands.

The investment gives Redfaire additional financial resources while allowing management to maintain its focus on helping customers address increasingly complex technology requirements.

The company said its core approach will remain unchanged following the transaction.

Redfaire intends to continue supporting customers throughout different stages of their technology transformation journeys, from evaluating strategic technology decisions to implementing solutions and improving the value generated from existing investments.

BGF’s investment adds an institutional growth partner as Redfaire moves into its next stage of expansion.

KEY QUOTE:

“Today marks an important milestone for Redfaire. We have announced a €13 million minority investment from BGF, reflecting confidence in our business, our people, and the relationships we have built with customers over many years. This investment will support the continued development of our business, our people, and the services we provide to customers across the regions we serve.”

Redfaire Statement