Private equity firm Erisbeg acquires majority stake in Meath based EMR

EMR has revenue of over €18 million

(l-r) Thomas Davy, Erisbeg and Mark Quinn, CEO of EMR Integrated Solutions. Picture - Fennells

Private equity firm Erisbeg has acquired a majority stake in EMR Integrated Solutions (EMR), a provider of telecommunications and cyber security solutions for utilities and network operators in Ireland and Britain.

EMR has expanded in recent years, with annual revenue increasing fourfold to over €18 million between 2016 and 2022.

Erisbeg has also committed to providing finance to support further acquisitions by EMR, according to a joint statement from both companies.

EMR chief executive Mark ...