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Farlie Turner Completes the Recapitalization of PTG Enterprises

By: - Date: 09/16/2010

FORT LAUDERDALE, Fla. -- Farlie Turner & Co., a Fort Lauderdale, Florida-based investment bank, announced that it has completed a successful recapitalization of PTG Enterprises. PTG Enterprises is one of the largest providers of transportation services in Florida, serving markets in and around West Palm Beach, Jacksonville and Tampa. The Company operates a fleet of over 850 taxicabs, 140 premium sedans, 250 paratransit, mini-buses. PTG has the leading market share position in all of its markets and enjoys numerous exclusive vendor contracts with area airports, hotels, and businesses. Boathouse Capital invested an undisclosed amount in connection with the recapitalization facilitated by Farlie Turner.

About Farlie Turner & Co., LLC


Farlie, Turner & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with the FINRA, provides middle market firms with merger and acquisition, private placement and financial advisory services.


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