Monstarlab to acquire UAE’s ecap to drive rapid talent expansion globally

10X People

Mita Srinivasan
10X People
Published:

Monstarlab to acquire UAE’s ecap to drive rapid talent expansion globally

The acquisition combines the value created through technology with the development and building of word class management team and will support job opportunity creation in the UAE and the placement of talent locally and in global markets

Japanese technology company, Monstarlab, has agreed to acquire ecap, a UAE executive search and human capital advisory business. Hiroki Inagawa, Monstarlab Group CEO, signed the agreement with ecap’s founding partners, Daniel Murphy and Chris Abreu in Dubai.

Monstarlab specializes in end-to-end transformation of enterprise and scale-up businesses. The acquisition combines the value created through technology with the development and building of word class management teams. It will also enable Monstarlab to provide talent acquisition, executive search and leadership assessment in all the core markets that the organization operates in. The acquisition will support job opportunity creation in the UAE and the placement of talent locally and in global markets.

Monstarlab has already delivered successful projects for a number of customers in the region including Careem, for which Monstarlab built and launched the Careem Now platform (pre-acquisition by Uber). The Japanese technology leader has also worked with ADQ, Emirates NBD and Dubai Future Foundation.

Hiroki Inagawa, Monstarlab Group CEO commented: “We are proud to have entered into this agreement to acquire ecap, an organization that helped us to establish in the UAE back in 2019. The acquisition will help us achieve our joint ambition of driving digital transformation for the organizations we work with. By combining the right talent and world-leading technology, we are able to provide customers with the platform they need for success through digitalization.”

According to Inagawa, Monstarlab will strategically scale ecap by leveraging its combined global networks across 17 key markets, giving its clients the tools and access to world-class talent from all geographies..

Through its focus on attracting the world’s best strategists, engineers, and designers, Monstarlab will drive economic diversification and job opportunities through the delivery of transformation initiatives requiring custom development and advanced technologies. Monstarlab will bring significant benefits for businesses, communities, people, and talent within a number of sectors including government, banking & financial services and tourism.