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Global IT Engineer Recruitment Service

WellBear Acqui-Hire

What is WellBear Acqui-Hire?

A service outsourcing the recruitment and training of dozens to hundreds of engineers to international IT firms, followed by local hiring in batches.

Our system involves a Vietnamese IT company deploying hired personnel with relevant technical expertise to establish a local team, overseeing the recruitment and training of new staff, and subsequently transferring the hired workforce (or the entire company) to the new entity. This service is designed to build a team ranging from several dozen to several hundred people. We offer comprehensive support for local engineer recruitment, including office space rental, local incorporation assistance, back-office support, and local management guidance.

Overall Image

1st Phase

Outsourcing the recruitment and training of engineers to affiliated IT firms in Vietnam, followed by the establishment of a subsidiary for the purpose of hiring/transferring engineers.

2nd Phase

Following a designated training period, the affiliated company assigns the engineers to the subsidiary, after which the Japanese company executes an M&A deal to acquire the subsidiary.

Why WellBear Acqui-Hire can solve Japan's engineering shortage

ASSIGNMENT

Challenges in Hiring IT Engineers

Unable to hire IT engineers

During the initial phase, our team will specialize in providing expertise to small and medium-sized companies with a robust track record in M&A, offering comprehensive assistance tailored to your needs.

High cost and inability to accumulate know-how with outsourced engineers

During the initial phase, our team will offer services encompassing not only M&A-related activities but also leveraging our extensive hands-on experience in business and development within the IT sector. Over the medium to long term, our goal is to expand our network to include areas such as environmental technology.

No experience in managing the recruitment of overseas engineers

During the initial phase, our expansion efforts will primarily focus on Asia, leveraging our established network of local business partners in the region. Subsequently, we intend to extend our reach to encompass North America, Western Europe, Eastern Europe, and the Middle East.

Strengths

Solutions

Capable of Large-scale Recruitment

Through strategic partnerships with IT companies possessing expertise in local recruitment, it is feasible to recruit several dozen IT engineers in Vietnam within approximately six months.

Cost Reduction and Know-how Accumulation through Full-time Employment

This scheme is predicated on the establishment of full-time employment, facilitating cost reductions over the medium to long term and the accumulation of specialized know-how.

Local Management and Operational Support

Our team, comprising overseas IT engineers, WellBear members with significant expertise in M&A execution management, and handpicked partners, offers robust support in the role of a PMO, ensuring a confident and efficient process.

Schedule

Executing site visits, selecting partners, conducting recruitment and training, and completing M&A transactions within a 6-month timeframe.

Interviewing and selecting an IT company as a partner, and finalizing contract terms.
Outsourcing the recruitment, training, and establishment of the engineering team to the partner, followed by the team's transfer or M&A upon its formation.

Step1

Online Interview

We conduct pre-qualification assessments online to validate company profiles, team compositions, and track records. In accordance with your specified IT engineer skill criteria, we streamline the selection of partner companies and conduct preliminary online interviews with three firms. These interviews aim to finalize contract terms prior to the scheduled site visit.

In accordance with your specified IT engineer skill criteria, we will refine the list of potential partner companies and conduct initial online interviews with a selected subset of three firms. We will negotiate contract terms prior to the site visit.

Step2

Site Visits

Interviewing and selecting partner IT companies during site visit

During our site visits, we will conduct interviews to select approximately three partner IT companies in the region. Additionally, we will explore opportunities for collaboration with prominent local universities and major corporate entities in Vietnam, with an eye toward future expansion.

Step3

Agreeing and Signing the Contract Outline

Finalize and agree upon the contract details pertaining to training, recruitment, and team transfer (M&A).

Step4

Incorporation, Team Recruitment, and Training

We offer comprehensive support for the incorporation process and execute team transfers (M&A) in accordance with the contract terms.

Additionally, our partners are tasked with establishing a local subsidiary. Upon the recruitment, training, and placement of engineers within the subsidiary, the team is transferred to the subsidiary through the M&A process.

Step5

Team Transfer (M&A)

We execute team transfers (M&A) in accordance with contractual agreements and offer comprehensive PMI services.

Following the team transfer (M&A), we oversee the transition process, recruit back-office personnel, and implement employee and stakeholder incentives. Additionally, if required, we collaborate with local partners to provide PMI services, including recruiting and training support for engineers, as well as the introduction of consolidated accounting operations.

Accomplishments

Led the recruitment, training, and M&A processes for engineering teams in Vietnam and other international locations at Monstarlab

Demonstrated expertise in establishing a development organization comprising approximately 500 professionals in Vietnam, coupled with a successful track record of M&A dealings with numerous global entities.

WellBear's management team and partners are largely drawn from the leadership ranks of Monstarlab, a company that went public in 2023 and boasts an engineering organization of over 1,500 professionals in approximately 20 countries. Specifically, the team has a proven track record of scaling a 10-person development unit in Vietnam to an impressive workforce of over 500 people in approximately five years following an M&A. In addition, we have extensive experience in executing M&A activities in the IT sector across multiple geographies, including Asia (e.g. Philippines), Europe, the United States and the Middle East. This has given us extensive insight and expertise in recruiting and managing the training of IT engineers across diverse geographic landscapes.

Partnership with Seasoned Professionals in Overseas Engineer Recruitment and Training

EXPERTISE

- Technical DD (IT) for M&A
- Project Management
- Offshore Development Management
- Cost and Resource Control

PROFILE

At Recruit Technology, our partner led the establishment of a laboratory development hub comprising several hundred professionals in Vietnam, collaborating with the country's largest development company and assuming management responsibilities in the local region. Subsequently, as an executive and head of the development business at Monstarlab, he spearheaded technical DD activities for potential overseas acquisition targets before venturing into independent practice.

EXPERTISE

- Management of IT Companies in Vietnam and Japan
- Recruitment of IT Engineers in Vietnam
-Training of IT Engineers in Vietnam
- Development Operations Design in Vietnam

PROFILE

As the former CEO of Monstarlab Vietnam Danang subsidiary, our partner successfully expanded the Danang office to nearly 400 employees within a span of approximately four years. Presently, he oversees the management of a system development company as well as a product development and deployment company across Vietnam, Japan, and the United States.