"We look forward to continuing our outstanding three-year relationship with Gary and his team and welcome the Dr. Leonard's employees to our direct marketing family," said Michael John of JH Partners.
"We are confident that the breadth and depth of experience on the expanded management team will create significant value for all stakeholders including customers, employees, vendors, and investors."
CIT arranged a senior secured credit facility to support the acquisition and Ableco Finance LLC and Prudential Capital Group participated in the financing. Prudential Capital Partners also led a senior subordinated notes issuance and was an equity co-investor.
Dr. Leonard's Healthcare Corporation was advised by Goldsmith-Agio-Helms / Lazard Middle Market on the transaction.
marketing@alchempro.com
