Allied Capital Corp., Washington, D.C., has invested $26.4 million to support the management-led buyout of Tappan Wire & Cable Inc. from the founding owner and a company ESOP.
Founded in 1978, Tappan Wire & Cable is a manufacturer and distributor of low- and medium-voltage cables serving the communications, security, fire safety, computer networking and instrumentation markets.
“This deal represented an opportunity to invest in a niche player in a fragmented industry r
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