The family shareholders of Tayco were interested in selling the entire business but wanted to ensure that the employees, customers and suppliers would continue. Osprey Capital was engaged to develop a strategy to help find the right strategic buyer.
Ultimately the business was sold to Bill Melnick, the owner of BRC Group of Companies which includes a premium mid-market office furniture manufacturer. Bill brings unique industry expertise that will allow Tayco to increase capacity and develop innovative, high-design products.
