Elixirr acquires procurement consultancy Retearn

We are delighted to announce our acquisition of Retearn, a boutique procurement, transformation and insights consultancy. Retearn marks our second acquisition since listing on the London Stock Exchange in July last year, joining Den Creative and Coast Digital in our growing House of Brands. 

Self-funded transformation experts Retearn focus on unlocking their clients’ potential, enabling them to become lean, efficient and profitable. Rated 51% better than their competition the firm has an outstanding reputation in the market for identifying efficiencies, transforming operations and delivering significant cost savings for clients.

The introduction of Retearn’s specialist services enhances Elixirr’s current capabilities and provides a self-funding option to our clients against our entire offering, supporting them to facilitate greater investment in strategic initiatives and growth – increasingly crucial in today’s disruptive environment. 

Stephen Newton, Elixirr’s Founder & CEO, commented

“Today I’m delighted to welcome Retearn as the latest addition to Elixirr’s House of Brands. The current climate determines an even greater need for business leaders to run efficient operations, whilst the necessity to invest in growth remains paramount. Combining Retearn’s expertise in unlocking material savings for businesses with Elixirr’s extensive growth and innovation-led capabilities will enable our clients to accelerate investment into their biggest strategic initiatives. 

This announcement marks our second acquisition in just over six months as we progress our ambitious growth plans and continue to serve our ultimate goal: to solve our clients’ toughest business challenges.   

Founded by three ambitious entrepreneurs who are driven by making real change happen for clients, Retearn echoes Elixirr’s ethos entirely. I’m excited to see what the future holds for the House of Brands as we continue to maintain our passion for client success whilst widening the breadth of our service offering.”  

Mark Wyllie, CEO of Retearn said:

“We were ready for our next phase of growth and Elixirr’s unique House of Brands offers the perfect platform for this. We can maintain the brand that’s made Retearn what it is today, whilst benefitting from the value and expertise of the collective Elixirr Companies to create lasting change for our clients. Being part of Elixirr is also a brilliant opportunity for our staff to further develop their skillsets and careers. 

We are excited for what the future holds and look forward to the next chapter of our story as part of the House of Brands!” 

Through the House of Brands strategy, we acquire boutique businesses with passionate founders who are looking to grow their business through access to a broader client base. This model maintains the benefits of boutique consulting, namely entrepreneurial accountability and specialist expertise, whilst offering a versatile house of experts who are equipped to tackle any business problem.

Our philosophy is strongly aligned with Retearn; they possess the fierce drive to make change happen, have an unwavering focus on delivery, and are prepared to graft to achieve tangible results for their clients. We’re thrilled to welcome Retearn into our team.