Guerdon Enterprises, LLC, a Boise, Idaho-based producer of large multi-unit modular buildings, recieved a majority equity investment from Riverlake Partners, LLC.
Main Street Capital Corporation of Houston also participated in the investment and members from both Riverlake and Main Street will also hold seats on the company’s board of directors.
The amount of the transaction was not disclosed.
The company intends to use the proceeds to continue to grow operations.
Led by Laurence “Lad” Dawson, managing member, founder and CEO, Guerdon is a systems-built, off site producer of large modular commercial and multi-family construction projects in the Western United States and Canada. Its portfolio consists of large apartment, condominium, hotel, office, and workforce housing buildings. The company offers an integrated approach, providing a comprehensive range of services including design, engineering, manufacturing, transportation and on-site installation.
FinSMEs
22/08/2014