Cortec Recapitalizes Dr. Leonard’s Parent

Cortec Group Fund III has recapitalized Edison, NJ-based High Response Holdings, which mails the Dr. Leonard’s Healthcare and Carol Wright Gifts titles and has a syndication agreement to mail the cobranded Roaman’s Healthcare Catalog by Dr. Leonard’s. Cortec had acquired Dr. Leonard’s Heathcare Corp. in May 2002.

“While we have returned nearly all of our invested capital,” partner David Schnadig said in a statement, “we remain very enthusiastic about High Response’s future opportunities due to the company’s broad customer franchise, well-known brand names, excellent management team, superior control systems, and high return on invested capital. We and management continue to seek complementary acquisitions of direct marketers that will capitalize on these core strengths.”

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.