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David Barfield has succeeded his brother Jon as president, CEO and chairman of Livonia-based Bartech Group Inc.
The change in top leadership comes following an undisclosed investment from private equity firm Sverica International in exchange for an undisclosed equity stake.
"It's a family-owned business that continues to be owned and operated as a family-owned business," said David Barfield, 46.
The brothers' father, John Barfield, founded Bartech's predecessor company in 1976 as John Barfield & Associates.
Jon Barfield, 60, had been president of the...