Tonka Bay Equity Partners
Tonka Bay Equity Partners LLC is a private equity firm based in Minnetonka, Minnesota, founded in 1998. The firm specializes in management buyouts, shareholder liquidity events, recapitalizations, acquisitions, and growth capital investments, primarily targeting lower middle market companies. Tonka Bay focuses on highly-engineered niche manufacturing, business services, healthcare practice management, and industrial distribution, among other sectors, and prefers to invest in businesses located in the United States. The firm typically invests between $4 million and $10 million in companies with an EBITDA of $2 million to $10 million and annual revenues ranging from $20 million to $50 million. Tonka Bay seeks to acquire both control and non-control positions in its portfolio companies, often taking a board seat and aiming for a majority stake. The firm does not engage with startups, turnaround situations, financial institutions, real estate companies, or restaurants and retailers.
Private Equity Round in 2021
Professional is a provider of first and third-party accounts receivable management services.
Private Equity Round in 2021
Orange Tree Employment Screening, a market leader of background screening and drug testing services for over 27 years, helps companies to Hire With Confidence™. We are a national and global provider that specializes in providing a full range of technology-led screening solutions with a commitment to building best practice compliant screening programs and long term partnerships. Our robust integrations, and easy to use client and candidate portals make the hiring process increasingly simple.
NPI/Medical (www.npi-med.com) is a world class provider of New Product Introduction (NPI) capabilities. From prototype to production, they help accelerate speed-to-market. Operating from their 66,000 square-foot facility in Ansonia, CT, the Company’s capabilities include quick turn manufacturing for short runs, production injection molding for high volume programs, a full service tool room, and multiple clean rooms. NPI/Medical is also recognized for its expertise in medical clean room assembly, packaging and Liquid Silicone Rubber (LSR) capabilities.
Private Equity Round in 2015
United Skin Specialists LLC (“USS”) provides practice management services to a variety of well-established dermatology offices. USS’s goal is to enable successful dermatology practices in maintaining and expanding their patient oriented dermatologic services while creating a great work environment for the providers and their support staff. The corporate headquarters are located in the greater Minneapolis, Minnesota area.
Private Equity Round in 2015
Sierra Corporation is a leading provider of custom industrial coatings in the United States and Canada. Sierra is a mid-sized company with the technical capabilities of the largest in our industry. This allows us to deliver cutting-edge technology with detailed and personal service. With over 40 years of business working with all types of coatings, we have some of the most experienced chemists and technicians in the industry. Manufactured in the Midwest, Sierra's coatings are distributed throughout the nation and shipped world-wide.
NuSource Financial has been providing innovative ATM and Security Solutions to Financial Institutions since 1999. Today their team of over 80 dedicated employees delivers world class services and products to over 600 financial institutions across a 19 state region. Their core values of integrity, a sense of urgency and teamwork are at the heart of everything they do. They truly care about their customers and take pride in developing lasting partnerships that enhance the customer experience. They listen closely to your needs and have developed innovative “go-to” market solutions that meet your specific requirements. At NuSource, their company culture is based on working in a positive team environment with a communal goal of enhancing the customer experience. They reward their team for finding ways to do so.