M&A Deal Summary

Tonka Bay Equity Partners Acquires Quick Cable

On April 16, 2012, private equity firm Tonka Bay Equity Partners acquired electrical equipment company Quick Cable

Acquisition Highlights
  • This is Tonka Bay Equity Partners’ 1st transaction in the Electrical Equipment sector.
  • This is Tonka Bay Equity Partners’ 17th transaction in the United States.
  • This is Tonka Bay Equity Partners’ 2nd transaction in Wisconsin.

M&A Deal Summary
Date 2012-04-16
Target Quick Cable
Sector Electrical Equipment
Buyer(s) Tonka Bay Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Quick Cable

Franksville, Wisconsin, United States
Quick Cable is a manufacturer of connectors, cable, cable assemblies, and tools for the energy storage industry. Quick Cable battery enclosures, racks, and containment systems, together with related battery maintenance and safety products, assure the safe and optimal use of energy storage. Quick Cable was formed in 1946 and is based in Franksville, Wisconsin.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Tonka Bay Equity Partners

Minnetonka, Minnesota, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1998
PE ASSETS 560M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

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.

DEAL STATS #
Overall 17 of 33
Sector (Electrical Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 12 of 14
State (Wisconsin) 2 of 2
Country (United States) 17 of 32
Year (2012) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-20 Restaurant Technologies

Mendota Heights, Minnesota, United States

Restaurant Technologies is a foodservice industry partner, proudly serving more than 32,000 quick-service and full-service restaurant chains, independent restaurants, grocery delis, hotels, casinos, universities, and hospitals nationwide. The company helps make foodservice operations safer, smarter, and more efficient through cooking oil and hood and flue management solutions. It has a long history of sustainability, working with partners to provide used cooking oil as input into renewable diesel and biodiesel, creating an ESG-friendly process of recycled used cooking oil for its customers. Restaurant Technologies was formed in 1996 and is based in

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-08 Solve Industrial Motion Group

Charlotte, North Carolina, United States

Solve Industrial Motion Group is a provider of metric and American standard power transmission products including ball bearings, mounted bearings, linear bearings, bearing housings and a variety of roller chain and belt drive components. Solve Industrial Motion Group was founded in 1994 and is based in Charlotte, North Carolina.

Buy -
Mergr

Product

Company

Legal