General Employment Enterprises, Inc. Announces Definitive Agreement to Acquire Assets of Ashley Ellis, LLCSeptember 1st, 2011 | Press Releases and Industry News | No Comments »
OAKBROOK TERRACE, Ill., Aug. 31, 2011 /PRNewswire/ — General Employment Enterprises, Inc. (NYSE Amex: JOB) today announced that on August 31, 2011, it entered into an asset purchase agreement with Ashley Ellis, LLC and Brad Imhoff for the purchase of substantially all of the assets of Ashley Ellis, including properties, rights, powers and privileges of Ashley Ellis. Ashley Ellis is an Information Technology Recruiting and Staffing firm with offices located in Naperville, Illinois; Atlanta, Georgia and Houston, Texas.
Salvatore J. Zizza, General Employment’s Chief Executive Officer stated, “We are very pleased to announce that we entered into this definitive acquisition agreement with Ashley Ellis. Ashley Ellis will be a complementary addition to our core business and will also strengthen our operation with the addition of two talented Ashley Ellis executives who will join our General Employment staff – Brad Imhoff, former CEO of Ashley Ellis, will serve as the Chief Operating Officer of General Employment and President of the Company’s Professional Staffing Division and Katy Gallagher, former COO of Ashley Ellis, will serve as the Vice President of Operations. Brad and Katy are sure to bring innovative ideas and new perspectives to our organization and they will play an important role in our organic growth. I am very excited about our future and the prospect of our continued growth both organically and through future acquisitions.”