Asian Currency

EIDA Solutions wants to scale in the US, Europe and Asia. Renatus is backing the company to do it



Another week, another deal. Last weekend, CRS Group, a cold storage business based in Co Meath backed by Renatus Capital Partners, announced it was being acquired by Dutch company Coolworld Rentals. Now, seven days later, Renatus, a private equity firm that has raised €110 million from investors through three separate funds, has made a multi-million euro investment in construction software specialist EIDA Solutions. EIDA’s co-founders, chief executive Dan McAlister and chief technology officer Ramy Michael will remain very significant shareholders in the business following the investment and will continue to lead the business.  EIDA currently employs 47 people and now…







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