Tag: Cortec Group

SARASOTA, Fla. - Private equity-backed Harmar is getting its second new CEO in less than three years. The lift manufacturer, whose controlling shareholder is New York-based Cortec Group, announced recently that it had named Steven Dawson as CEO. “This is a positive change,” said David Baxter, vice president of marketing for Harmar. “We're just dialing it up a bit.” Dawson, who comes from the building products industry and has worked with another Cortec-owned company,...

SARASOTA, Fla. - Chuck Vollmer has opened a 101 Mobility location in Sarasota, Fla., where senior citizens make up one-third of the population. 101 Mobility sells, services and installs a complete line of mobility and accessibility products and equipment. Vollmer's relationship with Harmar Mobility will benefit customers of 101 Mobility, according to a release. “They will notice added quality assurance, product diversity and reasonable price-points,” it states. 101 Mobility has an equity...

NEW YORK - Cortec Group, a New York-based private equity firm, now has a stake in both a manufacturer and a provider of ramps, lifts and other mobility equipment.Cortec, which already owns Harmar Mobility, has formed an equity partnership with Wilmington, N.C.-based 101 Mobility. The provider operates 30 locations, primarily through a franchise program.“After launching our franchise program in 2010, we have experienced a rapid rate of growth,” stated CEO Dave Pazgan, who, along with founders...