Madison Street Capital acted as the exclusive financial advisor in arranging a $3.2 million debt facility for MonDak Portables. North Avenue Capital provided the facility.
Founded in 2008 and based in Epping, ND, MonDak is a portable toilet manufacturing, delivery and servicing company that rents and sells portable toilets and trailers.
Madison Street Capital Senior Managing Director Lester “Jay” Rodgers led the transaction.
“We enjoyed working closely with Kathy, Barb and Rick to directly address MonDak’s capital needs to support their long-term initiatives,” said Rodgers. “The leadership team is best-in-class and the organization is poised for solid growth, anchored by its diverse capabilities. We are pleased to have worked with their team to achieve this successful outcome.”
Madison Street Capital is an international investment banking firm which provides corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses.
Headquartered in St. Johns County, FL, North Avenue Capital is a specialized commercial lender.
