Retain International is a software company that develops and provides people management, planning and forecasting tools which are currently available in 65 countries. It has a strong customer base in the professional services market including accounting, banking, and consulting sectors. Key clients include the ‘big 4’ accountancy firms.
The company was acquired by Capita plc in February 2014 for an undisclosed sum.
Magma acted as lead adviser for the company on the sale of the business, structuring the transaction and advising exiting shareholders. Magma continues to provide tax and wealth management advice to the former shareholders.