Tonka Bay Equity Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Tonka Bay Equity Partners has acquired 3 companies. It has also invested in 2 others.

Tonka Bay Equity Partners’ most common sectors for investment arehealthcare services (16%) and manufacturing (13%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (43%) and growth capital (34%). In total, Tonka Bay Equity Partners has invested in 16 US states and 2 different countries.

In the last 3 years, Tonka Bay Equity Partners has exited 3 companies. The Firm’s most common exit type is trade sale (48%).

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

M&A Summary

  • M&A Total Activity56
    • M&A Buy Activity33
    • M&A Sell Activity23
  • Total Sectors Invested 17
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 26
  • M&A Advisors 3

Tonka Bay Equity Partners

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 ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.2/yr) # 27 1 2 1 1 1 33
Sell (0.6/yr) # 20 - 1 1 - 1 23
  56

Most Recent M&A

Company Date Value Type
Image Audiovisuals 2024-04-02 - Buyout (LBO, MBO, MBI)
Denver, Colorado · www.imageav.com
United Skin Specialists LLC 2024-01-09 - Trade Sale
Plymouth, Minnesota · www.unitedskinspecialists.com
Corporate Technologies LLC 2023-09-07 - Secondary Buyout
Minneapolis, Minnesota · www.gocorptech.com
Standard Locknut LLC 2022-11-30 - Divestiture
Westfield, Indiana · www.standard-miether.com
Seaway Plastics Engineering LLC 2022-06-23 - Secondary Sale
Port Richey, Florida · www.seawayplastics.com
Professional Credit 2021-07-26 - Growth Capital
Vancouver, Washington · www.professionalcredit.com
NuSource Financial LLC 2021-02-16 - Secondary Sale
Eden Prairie, Minnesota · www.nusourcefinancial.com
Orange Tree Employment Screening LLC 2021-02-02 - Growth Capital
Minneapolis, Minnesota · www.orangetreescreening.com
E-Cloth Ltd. 2020-08-25 - Buyout (LBO, MBO, MBI)
Kent, United Kingdom · www.e-cloth.com
FreshPack Produce, Inc. 2019-07-09 - Trade Sale
Denver, Colorado · www.freshpackproduce.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Healthcare Services - - 5 (15%) -
Business Services 1 (13%) - 4 (12%) -
Manufacturing 1 (13%) - 4 (12%) -
Aerospace - - 2 (6%) -
Distribution - - 2 (6%) -
Plastics - - 2 (6%) -
Safety/Security - - 2 (6%) -
Semiconductors 1 (13%) - 2 (6%) -
Test/Measurement Equipment - - 2 (6%) -
Chemicals - - 1 (3%) -
Consumer Products 1 (13%) - 1 (3%) -
Electrical Equipment 1 (13%) - 1 (3%) -
Information Technology 1 (13%) - 1 (3%) -
Leisure - - 1 (3%) -
Machinery - - 1 (3%) -
Media 1 (13%) - 1 (3%) -
Staffing 1 (13%) - 1 (3%) -
Total 8 - 33 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 7 (88%) - 32 (97%) -
  Minnesota 3 (38%) - 11 (33%) -
  Colorado 1 (13%) - 4 (12%) -
  Wisconsin 1 (13%) - 2 (6%) -
  Iowa - - 2 (6%) -
  California - - 2 (6%) -
  Indiana 1 (13%) - 1 (3%) -
  Washington 1 (13%) - 1 (3%) -
  New York - - 1 (3%) -
  New Jersey - - 1 (3%) -
  Massachusetts - - 1 (3%) -
  Georgia - - 1 (3%) -
  Florida - - 1 (3%) -
  Connecticut - - 1 (3%) -
  West Virginia - - 1 (3%) -
  Texas - - 1 (3%) -
  North Carolina - - 1 (3%) -
United Kingdom 1 (13%) - 1 (3%) -
Domestic 7 (88%) - 32 (97%) -
Cross-border 1 (13%) - 1 (3%) -
Total 8 - 33 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 4 (50%) - 14 (42%) -
Growth Capital 2 (25%) - 11 (33%) -
Secondary Buyout 1 (13%) - 5 (15%) -
Divestiture 1 (13%) - 2 (6%) -
Recapitalization - - 1 (3%) -
Total 8 - 33 -

Exits by Deal Type

Type Total # Value
Secondary Sale 11 (48%) -
Trade Sale 11 (48%) -
Trade Sale - Public Company 1 (4%) -
Total 23 -

Top M&A Advisors

Financial Deals
William Blair
1
Bayview Capital Group LLC
1
Lincoln International
1

M&A Connections

Deals
Acquired from
Investor(s)
15%
5 (15%)
Strategic(s)
6%
2 (6%)
Exited to
Investor(s)
48%
11 (48%)
Strategic(s)
48%
11 (48%)

FAQ

When was Tonka Bay Equity Partners founded?

Tonka Bay Equity Partners was founded in 1998.

What type of investor is Tonka Bay Equity Partners?

Tonka Bay Equity Partners is a private equity firm.

Where is Tonka Bay Equity Partners headquartered?

Tonka Bay Equity Partners is headquartered in Minnetonka, Minnesota.

How much capital does Tonka Bay Equity Partners have under management?

Tonka Bay Equity Partners has 560M USD under management.

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