This marks the third successful staffing acquisition in two years for Peoplesource.
December 7, 2016 Toronto – Peoplesource Staffing Solutions announced today that they have successfully completed the acquisition of Shannon Human Resources.
Peoplesource’s acquisition of Shannon Human Resources will expand their workforce solutions to a diverse set of clients as well as expand our geographical reach and make us a leading player in Ottawa, while simultaneously adding strength to their other existing Ontario offices. The combined business will provide expertise in the talent development services sector, enabling them to better serve their clients nationwide.
“The acquisition of Shannon Human Resources is an integral part of our high-growth consolidation strategy.” Says Teri Scott, President of Peoplesource. “This fits very well with our customers’ increasing needs for a full range of HR solutions across the nation. They’ll add considerable depth to our operations, allowing us to offer a more specialized office and clerical division. Shannon Human Resources also compliments our 2014 and 2015 successful acquisitions of Abacus Resource Group and 500 Staffing.”
“Everybody changes when they become an owner,” says Peoplesource and Wish Group CEO Frank Cianciulli. “Their commitment to the business changes and that gets reflected in the work they do; whether it’s improving customer service or dedication to their craft, it all leads to higher levels of profitability and a stronger business unit.”
Peoplesource is privately owned and one of the few companies in Canada that give their workers a financial stake in the business – thanks to employee share ownership programs.
“We believe this is a fantastic match for both organizations and we are pleased to join Peoplesource,” commented Shannon Doyle, CEO of Shannon Human Resources. “The team at Shannon Human Resources understands the value of Peoplesource. Shannon Human Resources has been in business for the last 38 years and have shown and proven commitment to improving customer service as well as providing dedication to the craft, it all leads to higher levels of profitability and a stronger business unit.”
Peoplesource believes that a consolidation strategy is ideally suited for the highly fragmented temporary staffing industry, and they’ll continue to seek out prospective acquisitions that fit into their existing vision, integrity and culture of the organization. With a longer term objective of driving annual revenues to $100 million, the company’s latest acquisition of Shannon Human Resources represents a crucial step of this strategy’s successful implementation.
To learn more, contact Jessica Orchard, Wish Group, at JOrchard@wishgroup.ca or (416)640-9768.
About Peoplesource Staffing Solutions:
Peoplesource has established itself as one of the premier providers of recruitment solutions in Canada by bringing together fresh ideas and unique experiences to build valuable strategic partnerships with both clients and candidates. Peoplesource is proud to be 100% Canadian owned and operated, and is part of the multi-award winning Wish Group company.
Peoplesource does not just match people to jobs. They develop a partnership with the customer, determining what the customer defines as success along the way, all while investing time in and attention to the relationship. Peoplesource has won several accolades for their success, including the Profit Hot 50 Canada’s Emerging Growth Companies, Profit 100 Canada’s Fastest Growing Companies, Canada’s 50 Best Managed Companies, Best Small & Medium Employer, Canada’s Best Places to Work, and the Reader’s Choice Best Staffing Firm Award.
About Wish Group:
Wish Group is a collection of companies anchored by entrepreneurial passion, run by hard work and growing because of integrity. We continue to focus on becoming the premier business solutions provider in Canada by providing diversified services to Canadian clients across industries. We strongly believe our people are the single greatest resource to success. When you combine great ideas with great people, you have an unstoppable force. The energy of our ambitious team combined with proven leadership excellence creates a cohesive organization that focuses on providing exceptional service to our business clientele.
Wish Group has established itself as one of the premier providers of recruitment solutions in Canada by bringing together fresh ideas and unique experiences to build valuable strategic partnerships with both clients and candidates.
About Shannon Human Resources:
Shannon Doyle opened the doors to SHANNON a human resources company in 1978. Originally located in Don Mills she moved her offices to North York in 1983 and then purchased our permanent location at 120 Sheppard Avenue West in the heart of North York in 1991.
Our Mission statement defines our sincere commitment to provide outstanding customer service to both our Clients and our Applicants. We believe this commitment is the cornerstone of our success. We have built solid relationships and strong partnerships with many Fortune 500 companies and many of Toronto’s Top Employers.
Shannon a human resources company is a generalist agency that has developed two very specialized niche staffing capabilities in the Print Industry and in Administrative Staffing. Our recruiting experience covers a broad range from Senior Management to entry level positions and each of our placements is given the same care and attention to detail.
We began the next chapter in our history in September 2010 when we opened our Outplacement Division. Our newly designed offices with state of the art equipment provides full re-employment and employment transition services. This new division makes SHANNON a human resources company a full service agency providing Temporary, Permanent, Contract and Outplacement Services.
We are proud of our history and our longevity in the Staffing Industry as an independently owned Canadian Company and we look forward to our future with our Team of long service Recruiters who are completely committed to quality customer service, flexible pricing and the highest recruiting standards in our industry.