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Tonka Bay Equity Partners

Private Equity Fund

Minnetonka, Minnesota HQ

Member since
2011
Deals they've closed
24
About
Tonka Bay Equity Partners acquires and invests in small and midsized companies that are pursuing the next level of success. Our patient, personalized and collaborative approach has yielded superior returns for investors and management partners alike.Since 1998, Tonka Bay has raised more than $550 mi…
Team (2)
Recent Transactions (24)
Tonka Bay Equity Partners
IT Services
acquired

Corporate Technologies

January 2023

Tonka Bay Equity Partners
Fabricated Metal Product Manufacturing
acquired

Standard Locknut

January 2022

Tonka Bay Equity Partners
Business Support Services, Software and Online Services
acquired

Professional

January 2021

Tonka Bay Equity Partners
Business Support Services, Software and Online Services
acquired

Orange Tree

January 2021

Tonka Bay Equity Partners
Sanitary Paper Product Manufacturing, Soap, Cleaning Compound, and Toilet Preparation Manufacturing
acquired

E-Cloth

August 2020

Tonka Bay Equity Partners
Medical Equipment and Supplies Manufacturing, Medical glassware made from purchased glass, Medical glassware made in glass making plants, Research and Development in the Physical, Engineering, and Life Sciences
acquired

NPI Medical

November 2015

Tonka Bay Equity Partners
Building Finishing Contractors, Death Care Services, Electrical Contractors and Other Wiring Installation Contractors, Health Care Services, House demolishing, Interior Design Services, Investigation, Guard, and Armored Car Services, Legal Services, Personal and Laundry Services, Residential cleaning services, Residential Property Managers, Security Systems Services, Travel Arrangement and Reservation Services
acquired

United Skin Specialists

September 2015

Tonka Bay Equity Partners
All Other Miscellaneous Manufacturing, Bicycles and parts manufacturing, Building Finishing Contractors, Death Care Services, Doll, Toy, and Game Manufacturing, Electrical Contractors and Other Wiring Installation Contractors, House demolishing, Interior Design Services, Investigation, Guard, and Armored Car Services, Legal Services, Musical Instrument Manufacturing, Personal and Laundry Services, Residential cleaning services, Residential Property Managers, Security Systems Services, Sporting and Athletic Goods Manufacturing, Travel Arrangement and Reservation Services, Tricycles, metal, adult and childrens, manufacturing, Vehicle, childrens, metal manufacturing
acquired

Quest Events

June 2015

Tonka Bay Equity Partners
Chemical Manufacturing
acquired

Fenix Group

May 2015

Tonka Bay Equity Partners
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, IT Services, Other Support Services, Security Systems Services, Services to Buildings and Dwellings, Special Food Services, Technology Consulting Services, Warehousing
acquired

NuSource Financial

April 2015

Tonka Bay Equity Partners
Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Automotive or aircraft wire and cable made in aluminum wire draw
acquired

Seaway Plastics Engineering

March 2015

Tonka Bay Equity Partners
Electrical Equipment, Appliance, and Component Manufacturing, Electronic and Communications Manufacturing, Electronic and Precision Equipment Repair and Maintenance, Motorcycle, Bicycle, and Parts Manufacturing, Navigational, Measuring, and Control Instruments Manufacturing, Semiconductor and Other Electronic Component Manufacturing, Semiconductor and Related Device Manufacturing, Semiconductor battery chargers manufacturing, Semiconductor high-voltage power supplies manufacturing, Semiconductor test equipment manufacturing
acquired

Corwil Technology Corporation

February 2013

Tonka Bay Equity Partners
Health Care Services
invested in

Q Management Services

December 2012

Tonka Bay Equity Partners
Chemical and Allied Products Distributors (Wholesalers), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Electronic and Precision Equipment Repair and Maintenance, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Industrial Supplies Distributors (Wholesalers), Lumber and Other Construction Materials Distributors (Wholesalers), Machinery Manufacturing, Metal and Mineral (except Petroleum) Distributors (Wholesalers), Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Paint, Varnish,
acquired

Engineered Specialty Products

November 2012

Tonka Bay Equity Partners
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing
invested in

P.T. International Corp.

September 2012

Tonka Bay Equity Partners
Agriculture, Construction, and Mining Machinery Manufacturing, All Other Nonmetallic Mineral Mining, Alumina and Aluminum Production and Processing, Architecture, Engineering, and Construction (ACE), Asphalt and asphaltic materials made in petroleum refineries, Asphalt paving mixtures made in petroleum refineries, Asphalt Paving, Roofing, and Saturated Materials Manufacturing, Cement and Concrete Product Manufacturing, Chemical and Allied Products Distributors (Wholesalers), Clay Building Material and Refractories Manufacturing, Coal gasification at mine site, Coal liquefaction at mine site, Coal Mining, Coastal and Great Lakes Freight Transportation, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Concrete Block and Brick Manufacturing, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Deep Sea Freight Transport
acquired

Quick Cable

April 2012

Tonka Bay Equity Partners
Safety Equipment Manufacturing
acquired

Checkers Industrial Safety Products

January 2012

Tonka Bay Equity Partners
Administration of Human Resource Programs, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Data processing services, Electronic and Precision Equipment Repair and Maintenance, Employment Services, Health Care Services, Human Resources Consulting Services, Information Technology (IT) infrastructure services (outsourced), Other Support Services, Services to Buildings and Dwellings, Special Food Services, Temporary Help Services, Warehousing
acquired

Apex Print Technologies, LLC

January 2012

Tonka Bay Equity Partners
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing
acquired

AST Bearings LLC

January 2012

Tonka Bay Equity Partners
Administration of Human Resource Programs, Employment Services, Human Resources Consulting Services, Professional, Scientific, and Technical Services
acquired

AppleWhite Dental Partners

January 2012

Tonka Bay Equity Partners
Motor Vehicle Manufacturing, Motor Vehicle Parts Manufacturing, Safety Equipment Manufacturing
invested in

Checkers Industrial Products

December 2010

Tonka Bay Equity Partners
Agriculture, Forestry, Fishing and Hunting, Beer, Wine, and Distilled Alcoholic Beverage Distributors (Wholesalers), Grocery and Related Product Distributors (Wholesalers), Tobacco and Tobacco Product Distributors (Wholesalers)
acquired

FreshPack Produce Inc. (Fruit/Vegtable Distributor)

January 2010

Tonka Bay Equity Partners
Adhesive Manufacturing, Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Architectural and Structural Metals Manu
acquired

Accumold (micro molding)

January 2010

Tonka Bay Equity Partners
Electronic and Precision Equipment Repair and Maintenance, Semiconductor and Other Electronic Component Manufacturing
acquired

Circuit Check

January 2007

Sectors Tonka Bay Equity Partners serves:
Technology
Business Services
Manufacturing
Materials
Industrials
Consumer Goods
Distribution
Health Care
Life Sciences
Consumer Services
Energy & Utilities
Financial Services
Media
Retail
Real Estate

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Member since
2011
Deals they've closed
24
Team (2)
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