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Sverica International Makes a Strategic Investment in the Bartech Group

Livonia, MI, March 12, 2012– Michigan-based Bartech Group (Bartech) announced Friday it has received an investment from Sverica International to fund its ongoing strategic growth. Bartech, a leading professional services firm, specializes in the delivery of workforce solutions to global corporations. Bartech’s primary offering allows customers to effectively control the costs, processes and risks associated with the procurement and administration of non-employee labor.

In conjunction with the investment, David W. Barfield has been promoted to President, Chief Executive Officer and Chairman of Bartech’s Board of Directors, succeeding Jon E. Barfield. Active in the company’s leadership and growth since 1995, David served as Bartech’s Chief Operating Officer, where he developed and led the company’s workforce solutions strategy and field organization. “Our company has experienced significant growth over the past five years in a growing, yet highly competitive segment of our industry. To remain competitive, we must help our customers win in the global marketplace by delivering quality services to meet their increasing demands for talent. Sverica shares our long-term vision and this relationship enables Bartech to make the necessary investments to add significant value to customers.”

David Finley, Managing Director at Sverica International, commented, “We welcome Bartech into the Sverica portfolio and look forward to working with such a talented and dedicated management team. Bartech’s leadership, market position and stellar reputation in the staffing industry provide a unique platform to capitalize on favorable market conditions going forward.”

Jordan Richards, Principal at Sverica International, added, “We are excited to partner with David and his management team to build upon their historical success of providing a high level of service to clients throughout the workforce solutions space. We look forward to supporting Bartech’s growth initiatives by working with leadership to expand its service offerings and geographic footprint in its next growth phase.”

About Bartech Group
Established in 1977, Bartech is an industry-leading professional services firm delivering workforce solutions to global firms. Managing more than 25,000 daily work assignments and approximately $2 billion in annualized billings, Bartech helps large users of non-employee workers achieve greater quality, savings and efficiency while minimizing the risks associated with the management of non-employee workers. Bartech has maintained its minority certification by the National Minority Supplier Development Council. Learn more at www.bartechgroup.com.

Dr. Michael Urig, FACOG, who serves as Chairman of AOA, spoke enthusiastically about the partnership expansion and the potential it brings for AOA’s future success. “We look forward to our ongoing partnership with Women’s Health USA in order to continue delivering great and affordable care to our patients along with keeping our autonomy as physicians. This partnership allows us to focus more on patient care while enjoying combined expertise in the business aspects of our practice. I’m excited and proud of our AOA physicians and partners who have helped build this wonderful service for women in the Phoenix area.”

Andrew Villa, MD, the President of the group, added. “We are excited to work with Women’s Health USA to further our mission to provide exceptional healthcare to women through Arizona’s leading women’s health practice. Our new partnership will enhance our efforts to bring the most advanced, innovative, and highest quality medical care to our communities. Moving forward together will allow us to expand our reach into other communities throughout Arizona, elevating the level of care to women.”

Goran Dragolovic, CEO at Women’s Health USA, commented on the company’s market and purpose: “Our mission is to support physicians in the women’s health field by protecting their clinical autonomy and allowing them to maintain control of their practice, and by empowering them to more effectively design and deliver optimal care for their patients. Drs. Urig and Villa and the rest of the AOA providers have a collective vision, passion and commitment to quality that is palpable, and we are energized by this opportunity to partner with them.”

About Women’s Health USA
Founded in 1997, WHUSA provides OBGYN, In Vitro Fertilization, and other specialty women’s health practices with a full suite of practice management solutions including payor contracting, revenue cycle management, EMR support, financial & human resources management, merger & acquisition support, ancillary services development, and risk management services.  WHUSA’s unique partnership model enables physicians and physician groups to maintain their independence, while leveraging the resources of a national organization.  For more information, please visit www.whusa.com.

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