Tonka Bay's History
Tonka Bay Equity Partners launched its investment operations in this year.
1998
This is TB's most recent partner company in Fund IV.
LightMart
What does EBITDA stand for?
Earnings Before Interest, Taxes, Depreciation, and Amortization
This football action means focusing on the basics and technique first.
"blocking and tackling"
Who was the last member of the team to get married?
Vince Thao
This is the size of Fund IV.
$200 million
This Fund IV company has executed an add-on in every year since its partnership with Tonka Bay.
Corporate Technologies
This benchmark interest rate replaced LIBOR.
SOFR
When someone wants to pause a conversation/topic and discuss later.
"Take this offline"; "Circle back"; "Let's table this"; "Let's punt this"; "Let's put a pin in this"
What's the most popular car driven at Tonka Bay?
Yukon / Tahoe
Name the 2 of the 3 investment verticals that TB focuses on.
Highly engineered manufacturing, Value-added distribution, Business services
How many companies in Fund IV are located in the Twin Cities?
3
This key economic indicator surveys manufacturing executives to gauge new orders, production, supplier deliveries, and employment.
PMI (Purchasing Managers’ Index)
This advice highlights the importance of addressing problems right away; also applicable for leftovers and house guests.
"Bad news doesn't get better with time"
Who still lives in the glory days of Tom Osborne, Scott Frost, and Eric Crouch?
Zach Huston
This phrase was trademarked by Tonka Bay in 2023.
Building Bigger, Better Businesses
This is the total number of platform investments the firm has made to date.
45
Name a member of your commercial senior lender. First and last name.
Varies
A poker player may suggest this action to unfold the next move.
"Turn over the next card"
Which two members of the team are not from the Midwest?
Craig and Shawn
Name the founding partners of Tonka Bay
Cary Musech and Peter Kooman
Name one of the case study companies on the TB website.
NuSource, PTI, Seaway
Per the Chief Executive Operating System, Name 1 of the 3 tools of a CEO?
Management, Leadership, & Coaching
To decide if you want to make yummy lemonade from sour lemons.
"Juice worth the squeeze"
This university boasts the most alumni working at Tonka Bay.
Notre Dame