Firm Acquires Innovative Computing and Parent

Innovative Computing Corp, Anadarko Group Inc, and their parent corporation, PBB TransIT Corp, have been acquired by PTC Acquisition Corp, a privately owned company. The buyout was led by Ernest Betancourt, president of Innovative; other members of the Innovative management team; and Zon Partners LLC of Princeton NJ.

Betancourt, president of PTC, said that as a result of the buyout, more than $3 million is now available to the company for general business purposes with additional capital available.