General Employment (JOB) Announces Acquisition of Dallas-Based Paladin Consulting
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General Employment Acquires Dallas IT & Professional Staffing Solutions Company Paladin Consulting, Inc.
December 31, 2015 7:00 AM ESTNAPERVILLE, IL -- (Marketwired) -- 12/31/15 -- General Employment Enterprises, Inc. (NYSE MKT: JOB) ("the Company" or "General Employment"), a provider of specialty staffing services and solutions, today announced that it has acquired Dallas-based information technology and professional staffing company Paladin Consulting, Inc. ("Paladin"), effective January 1, 2016. The acquisition is expected to be accretive to earnings per share and anticipated to generate solid earnings before interest, taxes, depreciation and amortization (EBITDA) and estimated projected revenue in the range of $16 million to $18 million for calendar 2016. Under the terms of the sale and purchase agreement, General... More
