Regional Electrical Maintenance has been acquired by Astra Holding Group

Dublin, Ireland (November 9, 2026) – FOCUS Capital Partners (“FOCUS”), an international corporate finance advisory firm, is pleased to have acted as exclusive financial adviser to Critico, an Erisbeg-backed business, on the sale of its portfolio company Regional Electrical Maintenance to Astra Holding Group.

Regional Electrical Maintenance (REM), based in Ashbourne, Co. Meath, is a provider of access control, automation and security systems, including gates, doors, traffic barriers and car park systems, to commercial, residential and industrial customers across Ireland since 2001.

Astra Holding Group is a permanent-capital holding company providing a long-term home for small and medium-sized businesses in the UK and Ireland. The acquisition marks Astra’s first investment outside the UK and its entry into the Irish market.

The transaction was led by Cormac Shankey, alongside Patrick Dooley, Alan Kelly and Ruairi McEntee at FOCUS Capital Partners.

Cormac Shankey, Senior Manager, FOCUS Capital Partners, said:

“REM is a great Irish business operating in a sector with strong growth prospects, and we saw significant interest from both trade and private equity buyers throughout the process. We’re delighted to have secured a strong outcome for the shareholders and found the right partner in Astra to support the next stage of REM’s growth. A big thank you to the Critico and Erisbeg teams for their trust and support throughout the process, and we wish the REM management team every success going forward.”

Andrew Murphy, Partner, Erisbeg, commented:

“We are very happy to welcome Astra as the next custodians of REM. Special thanks to our advisors, FOCUS Capital Partners who ran the process for us. From start to finish, FOCUS’ preparation, planning and support through the process delivered an excellent result for Erisbeg in a very tight timeline, resulting in Erisbeg’s third exit from Fund1. Special thanks to Cormac Shankey and Paddy Dooley on this deal and look forward to working with FOCUS on future projects.”

Astra will work closely with James and the wider REM team to support continued growth across Ireland, deepen existing customer relationships, and invest in the systems and capacity that will define the next phase of the business.

James Tunnah, Managing Director of REM, said:

“What stood out about Astra was that they weren’t buying REM to change it. They understood that our engineering standards, our response times and our relationships are the business. Their backing means we can go after the growth we’ve seen here for years — same team, same work, with a lot more behind us”

Amit Rai and Sergey Sushentsev, Co-Founders of Astra Holding Group, commented:

“REM is exactly the kind of business we set out to find: a specialist that has earned its position through technical quality and reliability. We are proud to become its long-term home, and delighted that James will continue to lead it. Ireland has been on our map for some time, and REM is the right business to begin with.”

Read more on Astra Holding’s website here.