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Erisbeg acquires Eolas Recruitment

Posted: 1 Dec 2022

Erisbeg acquires Eolas Recruitment

Dublin, Ireland 28 November 2022

Irish private equity firm Erisbeg has today agreed to acquire a majority stake in Leading Specialist IT
Recruiter Eolas Recruitment Limited (‘Eolas Recruitment’) from its shareholders. The consideration
for the transaction was not disclosed. The transaction is subject to approval from the Competition
and Consumer Protection Commission.

In conjunction with the acquisition, Eolas Recruitment has announced the appointment of Jim Ryan
as Managing Director to succeed founder and Managing Director Vincent Flynn. Eolas Recruitment
has also announced the appointment of senior executives Peter Kirby and Stephen Daly to the Eolas
Recruitment board of directors. Stephen and Peter will retain their existing executive roles and
responsibilities.

Commenting on the announcement, Vincent Flynn, Eolas Recruitment founder and Managing
Director said, “My wife Mary & I started Eolas Recruitment in 1999 with a vision to create Ireland’s
Leading Specialist IT Recruitment Firm, we are very proud of what we have achieved in that time,
with the support of our talented and hard-working employees, our wonderful clients, all of the
Specialist IT consultants, and the goodwill of the entire business community who have supported our
journey over the past 23 years. We feel that Erisbeg are the right partner for Eolas Recruitment at
the right time, and I am delighted that the business is in safe hands now for the next stage of its
growth and development.”

Thomas Davy, Erisbeg Partner said “Today is a very exciting day for us at Erisbeg. Eolas Recruitment
is a terrific and highly respected firm, that has wonderful employees, a highly talented roster of
consultants available to it and an unrivalled blue chip client base. We are looking forward to
supporting the Eolas Recruitment management team and their growth strategy for the business. We
welcome Jim Ryan, Stephen Daly and Peter Kirby to the Eolas Recruitment board of directors and
look forward to working closely with them as we build on the strong foundations put in place by
Vincent and Mary Flynn.”

About Erisbeg

Erisbeg is a leading Irish private equity firm, focused on investment in high performing service
businesses with international growth potential. Erisbeg has current investments in Critical
Communications, Healthcare, Compliance, Logistics and Recruitment sectors, and is currently
investing from its flagship fund Erisbeg I LP, a €110m fund supported by leading European and Irish
institutional investors, including AIB plc.

About Eolas

Founded in 1999, Eolas Recruitment is Ireland’s leading specialist IT Recruitment Company. Eolas
Recruitment is a trusted counterparty to its longstanding and blue-chip client base across a wide
spectrum of sectors including the financial, business services, consumer products and payments
sectors. The team is made up of the smartest minds in IT recruitment, with a combined knowledge
spanning over 100 years in this arena. Eolas Recruitment has been successfully placing ambitious IT
candidates across many sectors for over 22 years, sharing their knowledge and experience in order
to help its candidates achieve the perfect role. Eolas Recruitment specialises in Recruitment in both
the Permanent and Contract IT Sector across all sectors of business.

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Latest Reviews

Recruitment process was smooth. Alan was in touch with me via email even when I was out of Ireland. I was given sufficient time for interview preparation and they also gave me enough time to rest after coming back to Ireland and did not rush me to join work immediately. The onboarding process went smooth as well. Alan was very helpful throughout. Thanks Eolas for your service and helping me get a contract job.
Deepika Phadtare
Deepika Phadtare
09:31 08 Feb 23
I would highly recommend Eolas Recruitment. It was Very quick response to my application and they kept me up to date with every stage of the process. I am just about to start a great new role thanks to their fantastic services. I wanted to thank STEPHEN DALY and CAOIMHE CRONIN for all the support and encouragement. 😇
Sasikala R
Sasikala R
19:57 06 Feb 23
Great working with this agency, I landed a great opportunity with them, they do everything with people looking to change like me, Special thanks to Luke P for going beyond to help in any he could.
Ciaran Collins
Ciaran Collins
19:47 02 Feb 23
My fresh experience with eolas recruitment was excellent and amazing, Peter Kirby and Caoimhe Cronin was really supportive and professional, guided me through the entire interview process and supported me every moment before and after the interview. I am very grateful to eolas as my recruiting agency. Thank you for the great service you offered.Lijumol Shaji
lijumol Shaji
lijumol Shaji
09:46 28 Jan 23
It was a wonderful experience throughout the recruitment process. Luke Prendergast dealt and assisted me with every step in a very professional manner.
Khushpinder Singh
Khushpinder Singh
12:24 17 Jan 23
I'm currently contracting through Eolas and I couldn't recommend them enough. Everything from interviews through to supporting on boarding has been very efficient. I've dealt primarily with Stephen Daly for recruitment, he's a gentleman, very competent and always available for questions. Also Berilyn Teeling my accounts contact is very friendly and professional.One stand out feature is the communication between agents in Eolas. When you take the time to reply with feedback to one of the Eolas agents about a proposed role that isn't for you, you'll be contacted about a position that suits you if one arises!
Christopher Casey
Christopher Casey
11:44 17 Jan 23
It was an amazing experience with Eolas recruitment team.Caoimhe Cronin was very helpful all the way through the recruitment process. I would say it was one of the best HR experiences I have with Caoimhe.Thank you for all your help and support.
aitham vinay
aitham vinay
15:14 09 Jan 23
Excellent experience going through the recruitment process with Eolas Recruitment as a job seeker. Alan was superb in keeping me up to date and preparing me for the various interview rounds. I can highly recommend.
Thomas O'Brien
Thomas O'Brien
14:04 09 Jan 23
My experience with Eolas was great. It was a pleasure dealing with Alan Kane. He was extremely professional and helpful throughout the process.He kept me up to date with my progress after the interview. I would higly recommend Alan and Eolas team.
Komal Joshi
Komal Joshi
14:10 03 Jan 23
Alan and Peter were great at onboarding me through the process. They helped to give me whatever resources and understanding I needed in order to settle my nerves at every step of the way and I couldn't be more grateful for their help! Highly recommend.
Tadhg Deeney
Tadhg Deeney
14:50 24 Dec 22
I was with Caroline on securing a position with a tech company.The job specification on the position was clear. I was also able to get a salary range the position offered and not "competitive salary" answer.The company I applied for was a bit slow at getting back. Eolas followed up with what the delay was and kept me up to date with what was happening.Got interviews: YesGot Job Specs: YesGot Salary Range: YesGot Position: YesThomas
Tom Walsh
Tom Walsh
16:22 08 Dec 22
I had a great experience working with Peter Kirby and Caoimhe Cronin at Eolas. They are very professional and very communicative. I received supports and adviceseach step through the whole process. I would highly recommend Eolas. Thanks a million!
Wei Duan
Wei Duan
18:50 22 Nov 22
From the initial discussion about my role through, the vetting, onboarding and right through to the invoicing and payment process the experience with Eolas has been first rate. Luke helped me highlight the items on the CV that the client was looking for and Stephen gave me solid advice about how to invoice in Euros from a UK company. Stephen advised me to open a euro account. Advice which I initially ignored...at my cost...the Royal Bank of Scotland creamed 4.6% of my first invoice! Next time I will listen to the voice of experience.
Tony Hasler
Tony Hasler
08:51 18 Nov 22
I had an incredible experience with Eolas and Peter Kirby. I was prepped for my interview and received regular updates throughout the process. By far, the best experience I’ve had with a recruiter and would thoroughly recommend.
Liane Mulvaney
Liane Mulvaney
18:56 25 Oct 22
I would highly recommend Eolas recruitment. Have been placed in a couple of roles during my career and have always found the team to be very competent, honest and efficient.
Finbar Pimlott
Finbar Pimlott
15:04 24 Oct 22
Fantastic support received from Sean Prendergast. He went above and beyond to match my experience and interest to the role and company, gave me great preparation for the interview and kept me fully informed every step of the way. He was professional and personable, and I would highly recommend his services.
Katie O' Connor
Katie O' Connor
15:19 21 Oct 22
One of the best recruitment companies in Ireland. Alan from Eolas helped me right from day 1 of my process and is even catching up with me after getting an offer letter. A big thanks to Eolas and Alan for their commitment in getting candidates the right job in top companies.
Dheeraj Shetty
Dheeraj Shetty
16:49 20 Oct 22
My experience with Eolas was a fantastic one It was a pleasure dealing with Peter Kirby who was very professional. Throughout the interview process his advice and guidance proved to be extremely helpful. I received help preparing for my interview. I was thoroughly informed about what the interview was going to be like. I was also kept up to date with my progress after the interview. The turnaround time was phenomenal! I recommend the Eolas team to anyone searching for a new position.
Rowena Bisschoff
Rowena Bisschoff
12:20 10 Oct 22
Peter Kirby from Eolas Recruitment has been a great help throughout the hiring process. He had contacted me for a potential opportunity and assisted me right from interview preparation to the offer confirmation. He was a great help for seamless communication with the company and clarified all my doubts in the timely fashion.
Shamali Naik
Shamali Naik
12:56 06 Oct 22
My recent experience with Eolas was excellent and refreshing. Nicola is a total professional and guided me through the interview process ensuring I was well prepared, following up after each stage and providing useful insight and tips. Best recruiter I have dealt with hands down.
Declan Cox
Declan Cox
07:28 28 Sep 22
it was a pleasure engage a new Job with Eolas Recruitment, Nicola Byrne assisted me a quite accurate. she did her job in transparent mode for me. the communication was fluid between both ways. Eolas is highly recommended.
Aldo Franceskini
Aldo Franceskini
22:00 27 Sep 22
Stephen is a dedicated, professional and efficient consultant. He provided exceptional support throughout the recruitmemt process.Thank you Stephen for an effortless process in acquiring my current contract. It has been a great experience.
Cristina Brescanu
Cristina Brescanu
18:47 26 Sep 22
My experience with Eolas Recruitment was absolutely excellent. I dealt with Caoimhe for the whole process and she couldn’t have been more helpful and supportive if she tried, from start to finish she was there to help me with whatever I needed be it tips or answering questions I was confused about or even keeping in contact with the employer for me, we regularly spoke on the phone where she made the whole process smooth and easy and I can not thank her enough for everything she has done for me. 12/10 service.
Ben Flood
Ben Flood
15:29 16 Sep 22
Great experience working with Eolas. Pete was very professional and efficient from the first application until the final offer.
Ben Tierney
Ben Tierney
10:10 16 Sep 22
george lynch
george lynch
08:04 14 Sep 22
I've had a great experience with Eolas and with their staff who are always keeping me informed and giving me professional advice. Specifically, Stephen Daly, who has always been kind and very patient with me as I started out on my new recruitment journey.
Maria Strozynska
Maria Strozynska
08:35 08 Sep 22
The guys at Eolas are really professional and the recruitment process is one of the smoothest and most communicative I’ve ever experienced. Caoimhe, Alan and Peter made landing a great role feel like a walk in the park. I definitely recommend!
Folarin Samuel
Folarin Samuel
11:16 10 Aug 22
Eolas supported well during my recruitment journey.
santosh chougule
santosh chougule
16:23 08 Aug 22
Very impressed with the people I’ve come across during the recruitment process! It was a great experience and I reckon Eolas Recruitment is undoubtedly one of the best agencies out there.
Jerin George
Jerin George
15:47 05 Aug 22
Peter Kirby provided me with excellent guidance, advice and communication throughout my recruitment experience. Ably supported by Caoimhe Cronin, any questions and follow ups I had were addressed promptly. Overall I have experienced a speedy and very pleasant experience with the Eolas team. Thank you all. I recommend Peter, Caoimhe and Eolas Recruitment for any recruitment needs.
Peter Sheerin
Peter Sheerin
10:43 05 Aug 22

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