Business in the Burbs

Sale of Tappan Wire and Cable is completed

September

Tappan Wire and Cable, Inc., a Blauvelt-based supplier of wire and cable products for the security, industrial, and communications markets, announced today that its management team has completed an acquisition of the company. The financing for the buyout was provided by management and Allied Capital Corp., a Washington-based business development company. The value of the transaction was not disclosed. The current management team will continue to run the company and control the board.

This entry was posted on Wednesday, September 5th, 2007 at 6:12 pm by Jay Loomis.
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One Response to “Sale of Tappan Wire and Cable is completed”

Paul September 6th, 2007 at 5:40 am
Congrats to the Tappan Team

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