Hoffmann Family of Companies, through its investment arm, Osprey Capital LLC, entered discussions with various stakeholders to acquire all of the assets of Oberweis Dairy, a legacy, family-owned dairy company based in Illinois, which comes on the heels of Oberweis filing for bankruptcy. The team at Osprey Capital LLC will lead the acquisition, company officials said. The Hoffmann family said it intends to make a competitive offer to buy the company and is confident it will deliver the highest bid based on current due diligence. Oberweis Dairy, founded in 1927 and privately owned by the Oberweis family, includes a dairy home delivery service across parts of the Midwest and Texas, a chain of corporate- and franchise-owned dairy and ice cream stores in the Chicago area, a distribution service to regional supermarkets and high-end fast food hamburger restaurants named That Burger Joint.