Healthcare Staffing Partnership Acquires OfficeWorks

Healthcare Staffing Partnership, a new staffing holding company backed by two leading Wall Street private equity groups, announced today the acquisition of OfficeWorks, Inc. from The Ropart Asset Management Funds and other investors.

OfficeWorks is a leading regional provider of financial, administrative, clinical, and allied personnel to the Healthcare Industry.

Ephraim Barsam, CEO of three other portfolio companies—Nurses in Partnership, Health Talent, and Tech Group (“TGI”)—will become CEO of Healthcare Staffing Partnership.  Barsam said of the transaction: “After we completed the acquisition of TGI, we felt that there were many more opportunities to acquire in the healthcare staffing space.  We intend to continue aggressively investing in and acquiring other healthcare staffing companies to become part of our group.  Among other things, we expect to offer second chances to those hit by the recession.”

Contact: Ephraim Barsam – ebarsam@nipinc.com

The Ropart Asset Management Funds is a private equity firm that invests directly in small to midsize companies. The firm pursues a flexible strategy, investing throughout the capital structure and in multiple industries, including Business Services, Healthcare Services, Consumer Products, Financial Services, and Technology.

Contact: William Schlueter – william@ropart.com

De Bellas & Co. is the #1 investment banking firm in advising on mergers and acquisitions in the Staffing Industry.

Contact: Alfred De Bellas – adebellas@debellas.com

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