Largo asphalt firm plans expansion after recapitalization


Turtle Southeast Inc. plans to use new equity funding from Canopy Capital to expand its services and enhance its geographic footprint.

Canopy Capital, a private equity firm in Tampa founded by veteran dealmaker Scott Long, provided an undisclosed sum of growth financing to Turtle, an asphalt milling company in Largo. Assurance Mezzanine Fund, a private investment firm in Orlando, provided additional financing, according to a press release from CEA Group, the Tampa investment bank that was the matchmaker…

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