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General Employment acquires Atlanta IT staffing firm

August 03, 2015

General Employment Enterprises Inc. (NYSE MKT: JOB), an Oakbrook Terrace, Ill.-based staffing firm, acquired Agile Resources Inc., an Atlanta-based IT staffing and consulting services provider.

The acquisition adds service capabilities and extends General Employment’s footprint into the greater Atlanta area.

The transaction closed July 31. General Employment acquired all of Agile’s common stock for consideration including cash, stock and seller financing. Additional terms were not disclosed.

Agile is now a wholly owned subsidiary of General Employment.

Agile provides IT staffing professionals with expertise in the areas of .Net, sharepoint, enterprise resource planning, software engineering, database support (Microsoft SQL, Oracle, Sybase & Informix), legacy systems support, data analytics, cloud migration, big data, cyber-security, health IT, network and help-desk support and mobile applications.

Tricia Dempsey, the founder, CEO and president of Agile, will remain with the company as president and help grow General Employment’s IT staffing and IT solutions division.

“The acquisition of Agile brings to General Employment a highly profitable and fast growth IT staff augmentation and consulting organization that provides outstanding client service and is led by a dynamic individual and growth-oriented executive,” said General Employment Chairman and CEO Derek Dewan. “Tricia has done a great job growing and managing the business. In addition, we are fortunate that she brings a dedicated and seasoned recruiting and sales team to our company who have significant expertise across a broad spectrum of IT staffing solutions.”

Dempsey founded privately held Agile in 2003. The firm provides CIO advisory services and IT project support resources in the areas of application architecture and delivery, enterprise operations, information lifecycle management and project management. Staffing services include contract IT professionals, contract-to-permanent and permanent placement as well as statement-of-work engagements on a time-and-materials basis.

“The performance measurement tools, recruiting processes and go-to-market sales methodology utilized by Agile are best of breed and we will share these with our leadership group and include them among our best practices,” Dewan said. “The acquisition also fits within our strategic growth strategy which includes expansion of our IT staff augmentation and solutions presence into key markets where there is significant spending for IT staffing services. Staffing Industry Analysts estimates the entire U. S. market spend for IT staffing at $28 billion for 2015 and we are growing our company's geographic footprint to better serve our national clients in more key markets with a broader and deeper breadth of IT service offerings. We welcome the entire Agile team to the General Employment family and are excited that they will assist the company in reaching its goals while furthering their careers.”