The practice of purchasing a business for its talent rather than its goods, services, or revenue stream is known as “acqui-hiring,” a combination of the terms acquisition and hiring. To put it simply, it involves buying a group of intelligent individuals who have collaborated effectively in the hopes that they could help the buyer’s business grow. Because it speeds up the hiring process, acqui-hiring has become more and more popular. The Acqui-hiring method is generally applied in the tech sector. Businesses can quickly acquire a skilled and proven workforce with the aid of this procedure.
An acquisition can revitalize a business and boost its earnings potential. Large internet firms like Dropbox and Twitter have made acquisitions to expand their workforce. This is also what Hubspot has done. The objective is considerably easier with an acqui-hire.
