Company Description

Thayer Power & Communication Line Construction Co., Inc., a Debtor-in-Possession, is a leading provider of utility line repair and construction services.  The Company is primarily engaged in the construction and repair of power and communication lines in the states of Pennsylvania, Ohio, New York, and Kentucky.

Services Provided

MelCap Partners successfully represented Thayer, the Debtor, as the Company’s exclusive investment-banker and financial advisor through a  reorganization under §363 of the Chapter 11 Bankruptcy Code.

The Result

Thayer was sold to The Anderson Group, LLC, a private equity firm with offices in the United States and China.

“MelCap’s experience in guiding our company through this process proved to be invaluable. Their online due diligence room allowed prospective buyers the access to the information they needed with very little disruption to our ongoing operations. MelCap not only brought numerous options to the table, but they found the perfect fit for our company.”

Mr. Joseph A. Thayer

Thayer’s President