Engineering Staffing Report: June 22, 2023

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Power Staffing Solutions acquires Hourglass HR

Power Staffing Solutions, a Toronto-based staffing firm, acquired Hourglass HR, a provider of RPO, healthcare, IT and engineering staffing based in Ottawa, Ontario.

With the acquisition, Hourglass HR founder Mark Cohen has been appointed as Power Staffing Solutions’ VP. Cohen has more than 30 years of experience in sales, staffing, training, management and development. He will report to Power Staffing Solutions Managing Partner Saye Sathiyakumar.

Meanwhile, Hourglass HR managing director Jonathan Cohen will continue to lead the company as director of operations.

“Not only is Hourglass HR keenly focused on the same sectors and services that we are in, they share our uncompromising passion for excellence,” Sathiyakumar said. “Their tenacity, drive and integrity make them a natural fit with our culture.”

The deal follows Power Staffing Solutions’ acquisition in February of the private homecare organization Stay Home Forever. Power Staffing Solutions was founded in 2018.