Tonka Bay Equity Partners Mergers and Acquisitions Summary

Private Equity Profile

Tonka Bay Equity Partners’ most common sectors for investment are healthcare services (19%) and manufacturing (12%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (45%) and growth capital (34%). In total, Tonka Bay Equity Partners has invested in 14 US states.

In the last 3 years, Tonka Bay Equity Partners has exited 5 companies. The Firm’s most common exit type is trade sale (50%).

Join Mergr to view Tonka Bay Equity Partners’ full profile and discover more middle-market private equity firms just like it.

M&A Summary

  • M&A Total Activity47
    • M&A Buy Activity27
    • M&A Sell Activity20
  • Total Sectors Invested 14
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 23
  • M&A Advisors 3

Tonka Bay Equity Partners

301 Carlson Parkway, Suite 325,
Minnetonka, Minnesota 55305
United States
(952) 345-2030
www.tonkabayequity.com
info@tonkabayequity.com

Tonka Bay Equity Partners is a Midwest US-based private equity firm that targets control and non-control investments in manufacturing, business services, and value-added distribution companies with at least $2 million of EBITDA. Tonka Bay will consider a variety of transaction situations, including management buyouts, shareholder liquidity events, recapitalizations, and expansions. Tonka Bay Equity Partners was formed in 1998 and is based in Minnetonka, Minnesota.


Investment Criteria

Sectors of Interest: Aerospace, Business Services, Chemicals, Consumer Products, Consumer Services, Distribution, Electrical Equipment, Electronics, Food, Healthcare Services, Leisure, Machinery, Manufacturing, Packaging, Plastics, Safety/Security, Semiconductors, Test/Measurement Equipment, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization, Secondary Buyout, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA 2 -
Investment Size - -
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.0/yr) # 27 - - - - - 27
Sell (1.4/yr) # 13 - 3 1 3 - 20
  47

Most Recent M&A

Company Date Value Type
FreshPack Produce, Inc. 2019-07-09 - Add-on Acquisition
Denver, Colorado · www.freshpackproduce.com
AppleWhite Dental Partners 2019-06-03 - Add-on Acquisition
Dubuque, Iowa · www.applewhite-dp.com
Quest Events LLC 2019-01-08 - Secondary Buyout
Frisco, Texas · www.questevents.com
P.T. international Corp. 2018-01-11 - Secondary Buyout
Charlotte, North Carolina · www.ptintl.com
CORWIL Technology Corp. 2017-09-12 - Add-on Acquisition
Milpitas, California · www.corwil.com
NPI/Medical 2017-05-09 - Add-on Acquisition
Ansonia, Connecticut · www.npi-med.com
Q Management Services LLC 2017-04-04 - Add-on Acquisition
Rochester, New York · www.qdental.com
Circuit Check, Inc. 2015-12-23 - Secondary Buyout
Maple Grove, Minnesota · www.circuitcheck.com
NPI/Medical 2015-11-17 - Secondary Buyout
Ansonia, Connecticut · www.npi-med.com
United Skin Specialists LLC 2015-09-15 - Growth Capital
Plymouth, Minnesota · www.unitedskinspecialists.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Healthcare Services 1 (17%) - 5 (19%) -
Manufacturing - - 3 (11%) -
Aerospace - - 2 (7%) -
Business Services - - 2 (7%) -
Distribution - - 2 (7%) -
Plastics 1 (17%) - 2 (7%) -
Safety/Security 1 (17%) - 2 (7%) -
Semiconductors 1 (17%) - 2 (7%) -
Test/Measurement Equipment 1 (17%) - 2 (7%) -
Chemicals - - 1 (4%) -
Consumer Services - - 1 (4%) -
Electrical Equipment 1 (17%) - 1 (4%) -
Leisure - - 1 (4%) -
Machinery - - 1 (4%) -
Total 6 - 27 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 6 (100%) - 27 (100%) -
  Minnesota 3 (50%) - 9 (33%) -
  Colorado - - 3 (11%) -
  Wisconsin 1 (17%) - 2 (7%) -
  Iowa - - 2 (7%) -
  California - - 2 (7%) -
  Georgia 1 (17%) - 1 (4%) -
  Florida 1 (17%) - 1 (4%) -
  West Virginia - - 1 (4%) -
  Texas - - 1 (4%) -
  North Carolina - - 1 (4%) -
  New York - - 1 (4%) -
  New Jersey - - 1 (4%) -
  Massachusetts - - 1 (4%) -
  Connecticut - - 1 (4%) -
Total 6 - 27 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 2 (33%) - 12 (44%) -
Growth Capital 4 (67%) - 9 (33%) -
Secondary Buyout - - 4 (15%) -
Divestiture - - 1 (4%) -
Recapitalization - - 1 (4%) -
Total 6 - 27 -

Exits by Deal Type

Type Total # Value
Trade Sale 10 (50%) -
Secondary Sale 9 (45%) -
Trade Sale - Public Company 1 (5%) -
Total 20 -

Top M&A Advisors

Financial Deals
William Blair & Co. LLC
 1
Bayview Capital Group LLC
 1
Lincoln International
 1

M&A Connections

Deals %
Acquired from
PE Firm(s)
86%
6 86%
Strategic(s)
14%
1 14%
Exited to
PE Firm(s)
57%
13 57%
Strategic(s)
43%
10 43%

Investor Summary

Size

Middle-Market

PE Assets

350M USD

Established

1998

Specialist/Generalist

Generalist

Leadership

Cary Musech

Founder & Partner

Peter Kooman

Co-Founder & Partner

Jane King

CFO

Shane Slominski

Partner

Steve Soderling

Partner

 Subscribe to unlock this and 153,104
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 3.9K Private Equity Firms
  • 141K M&A Transactions
  • 149K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 42K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal