Assurance Mezz Completes Investment in Turtle Southeast, LLC

By Assurance Capital Fund
June 15, 2018

Assurance Mezzanine Fund (“Assurance”) is pleased to announce its latest investment in Largo, FL-based Turtle Southeast, LLC (“Turtle”). Assurance partnered with Canopy Capital Partners, which led a majority recapitalization of Turtle in mid-June 2018.

Founded in 1974 by the Ando Family, Turtle is a leading provider of asphalt milling services for both prime contractors and government agencies serving the maintenance, repair and construction of Florida’s roadways.

Assurance provided a combination of debt and equity in support of the transaction, the proceeds of which will help Turtle take advantage of numerous growth opportunities in the Roadway Infrastructure Services industry, ranging from add-on acquisitions to investments in new equipment and new services.

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