Capita plc announces that it has acquired Retain International Ltd, a provider of resource planning, scheduling and management software, for an undisclosed sum.
Retain International develops and provides people management, planning and forecasting tools which are currently available in 65 countries. The software integrates with leading Enterprise Resource Planning systems. It has a strong customer base in the professional services market including accounting, banking, and consulting sectors. Key clients include the big four accounting firms.
Sean Massey, managing director, justice and secure services at Capita, said: “Retain International provides an intuitive, reliable and secure platform that allows organisations to extract information, including work productivity rates, revenues, budgets and forecasts all from a single point. The platform allows organisations to construct more accurate business plans, and make better management decisions to improve work productivity and meet customer demand. In addition, it helps organisations to identify and track employee skills so that suitable training programmes can be implemented to plug any gaps.
“This acquisition further enhances Capita’s capability to support organisations in operating efficiently and effectively and will allow us to provide a scalable and resilient solution to our core markets. I am delighted to welcome the team to Capita and I look forward to supporting and developing this outstanding business.”