Elixirr has acquired Retearn, a boutique procurement, transformation, and insights consultancy firm in its third acquisition since its inception. Elixirr unveiled that its first set of annual financial results since going public saw a humungous growth in profit amid a global downturn. Now Retearn joins the firm's House of Brands – a boutique firm portfolio including Den Creative and Coast Digital that operates with the company's management consulting wing.
Retearn is a specialist procurement consultancy that helps organizations optimize their working capital and transform the consultancy sector. It is recognized as UK's leading management consultant in operations and supply chain. Retearn has a team of around 45 consultants and staff operating from an office in London. The firm has an outstanding reputation in the market for identifying efficiencies, transforming operations.
The move by Elixirr comes at a time of heightened demand for operational excellence services, as business leaders across sectors face a growing need to run efficient and agile operations. Combining Retearn's expertise in unlocking savings for businesses with Elixirr's growth and innovation-led capabilities will enable both the companies to accelerate investment into their most significant strategic initiatives.