AMS extends reach in North America with new acquisition
HirePower, a leading Toronto-based provider of RPO, joins the AMS portfolio
Toronto, Canada – (2 November 2022) – AMS, the global provider of talent acquisition outsourcing and advisory services, announced today it has acquired 100% of the share capital in HirePower, a leading Canadian provider of Recruitment Process Outsourcing (RPO).
Founded in 1992, Toronto-based HirePower holds an established position in the Canadian market as the partner of choice for the in-country operations for many Fortune 500 companies and local mid and large-scale organizations. The acquisition represents a complementary addition to AMS’s rapidly expanding North American operations and will support the continued broadening of AMS’s client base.
With recognized experience in managing, enabling and delivering talent acquisition solutions for blue-chip clients, the acquisition gives AMS outstanding on the ground capability and a platform to create a digital and technology sourcing and hiring center of excellence in Canada, supporting North American and global clients.
Commenting on the acquisition, David Leigh, CEO of AMS, said:
“The acquisition of HirePower expands our capabilities in the rapidly growing North American market, particularly in relation to technology and digital hiring. We have grown significantly in North America over the last few years and, prior to this acquisition had approximately 2,000 employees in the region. The addition of HirePower’s excellent team, which has built a market leading business with an excellent reputation for service and client satisfaction, will help us continue our strong momentum.”
Meryl Rosenthal, Founder & President of HirePower said:
“I am incredibly proud of HirePower and the journey we have been on together as a team over the past 30 years. Our success has been built on our strong commitment to our values and delighting our Clients, which has led to long-lasting partnerships with both fortune 100 and 500 organizations and emerging businesses. It is very gratifying to see the business enter its next phase of growth with AMS, which I know shares in our values and Client focused ethos.”
Today’s announcement reflects AMS’s strong period of growth and continued commitment to the North American market. With headcount growing more than four-fold in the last 18 months, AMS has established itself as a leading provider of RPO, talent acquisition and TA Technology advisory services in North America.
AMS also continues to grow globally. The acquisition follows those of FlexAbility (India), the Up Group (Europe) and CnL Advisors (US).
OMERS, one of Canada's largest defined benefit pension funds with C$119.5 billion in net assets, is a principal investor in AMS.
The financial details of today's transaction are not disclosed.