General Employment Enterprises Inc. (NYSE MKT: JOB), an Oakbrook Terrace, Ill.-based staffing firm, acquired Denver-based Access Data Consulting Corp., an IT staffing and consulting firm based in Denver.

General Employment acquired 100% of Access Data’s common stock for a combination of cash, stock and seller financing.

Access Data, which now operates as a wholly owned subsidiary of General Employment, provides higher-end IT consulting and IT contract staffing services nationwide from offices in Denver and Colorado Springs, Colo.

Access Data founder, CEO and President William Daniel “Dan” Dampier will continue to lead Access Data as president. He will also join General Employment’s senior leadership team and assist with its overall strategic growth plan including expanding the company’s breadth of higher margin IT services offerings, accelerating organic revenue growth and assisting in the evaluation of IT staffing and solutions acquisition candidates.

The acquisition increases General Employment’s IT service offerings and expands its geographic footprint into the mountain-west market.

“The recruiting processes, sales methodology and performance measurement program in place at Access Data are superb,” said General Employment Chairman and CEO Derek Dewan. “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.”

General Employment utilized cash from its follow on equity offering completed in late July of this year pursuant to its $75 million shelf registration plus a portion of the proceeds from a three year $4.2 million mezzanine debt financing put into place contemporaneously with the transaction to help fund a portion of the purchase price of Access Data and for future acquisitions. Additional terms of the transaction were not disclosed.

Access Data had revenue of approximately $21 million and EBITDA of approximately $2.5 million for its fiscal year ended 2014 based on its audited financial statements.

The deal follows General Employment’s acquisition in July of Atlanta-based IT staffing firm Agile Resources Inc.