M&A Deal Summary

Fruition Group Acquires Eolas Recruitment

On March 1, 2024, Fruition Group acquired staffing company Eolas Recruitment from Erisbeg

Acquisition Highlights
  • This is Fruition Group’s 1st transaction in the Staffing sector.
  • This is Fruition Group’s 1st transaction in Ireland.

M&A Deal Summary

Date 2024-03-01
Target Eolas Recruitment
Sector Staffing
Buyer(s) Fruition Group
Sellers(s) Erisbeg
Deal Type Add-on Acquisition

Target

Eolas Recruitment

Bray, Ireland
Eolas Recruitment is an IT Recruitment Company. Eolas Recruitment is a blue-chip client base across a wide spectrum of sectors including the financial, business services, consumer products and payments sectors. Eolas Recruitment was founded in 1999 and is based in Bray, Ireland.

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Buyer(S) 1

Buyer

Fruition Group

West Yorkshire, United Kingdom

Category Company
Founded 2008
Sector Staffing
DESCRIPTION

Fruition Group is a recruitment agency specializing in technology, clean technology, and cybersecurity, offering both permanent and contract talent solutions for clients across various sectors and sizes. Fruition Group was founded in 2008 and is based in West Yorkshire, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER
DESCRIPTION

Erisbeg is a private investment focused on acquiring and further developing established business in Ireland and England. The Firm has a special interest in partnering with business owners who have built successful companies and are seeking a flexible succession plan. Erisbeg was formed in 2016 and is based in Dublin.


DEAL STATS #
Overall 2 of 3
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 2 of 3
Year: 2024 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 BP Multipage

Dublin, Ireland

BP Multipage is a supplier of wireless communications systems. BP Multipage engages in installing and maintaining critical wireless communication systems incorporating: portable two-way radio, radio paging, lone worker alarms, nursecall systems, digital – tetra radio systems, medical bed head trunking and ear defender headsets. BP Multipage was founded in 1985 and is based in Dublin, Ireland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-29 Medray

Dublin, Ireland

Medray is a provider of diagnostic imaging equipment, including X-ray and CT, to customers across the healthcare, veterinary and dental markets in the UK and Ireland. Medray was founded in 1979 and is based in Dublin, Ireland.

Sell -