Tonka Bay History
Tonka Bay Equity Partners launched its investment operations in this year; which was also a CEO Summit theme couple years ago.
What is 1998?
Based in Minnesota, this company has executed an add-on in every year since its partnership with Tonka Bay.
What is Corporate Technologies?
Ecommerce, east coast, and environmentally conscience - all these terms describe this company.
What is E-cloth?
Replacing LIBOR, this rate—currently about [4.36]%—is widely used as the benchmark interest rate for private equity-backed loans and leveraged lending, reflecting the cost of overnight borrowing secured by U.S. Treasury securities.
What is SOFR?
This phrase means focusing on the basic, essential work to get things done, often used to cut through complexity.
What is "blocking and tackling"?
This university boasts the most alumni working at Tonka Bay, known for its Fighting Irish spirit.
What is Notre Dame?
This company is Tonka Bay's most recent partnership in Fund IV.
What is LightMart?
One might rename this company, "Mile High Definition", for its location and focus on top quality live events service delivery.
What is ImageAV?
This key economic indicator, often tracked monthly, surveys manufacturing executives to gauge new orders, production, supplier deliveries, and employment—and a reading above 50 signals industry expansion.
What is PMI (Purchasing Managers’ Index)?
When someone wants to pause a conversation and discuss something privately later, they say this.
What is "take this offline"?
This phrase was trademarked by Tonka Bay in 2023.
What is Building Bigger, Better Businesses?
You might find this CEO on the golf course executing a recovery shot - or in the office working to recover on delinquent accounts.
Who is Dave White?
This team's pride for "Made in the USA" and passion for basketball might look to be the US Men's Olympic Basketball roster, but also represents this company.
What is Standard Locknut?
This date, otherwise known as "Liberation Day", led to a decrease of the S&P 500 by more than 4.5% after the announcement of tariffs.
What is April 2nd?
A colorful way to say "don't attempt something overly ambitious or impossible."
What is "don't boil the ocean"?
This is the size of Fund IV.
What is $200 million?
When this CEO isn't hitting power serves on the pickleball court, he's helping companies deliver power through battery and cables.
Who is Don Berry?
This CEO was bundling phone services in Europe before started to bundle IT services in the US.
Who is Jim Griffith?
10 years ago, this movie won an Academy Award for its adaptation on a Michael Lewis book, which follows a few investors betting against Wall Street.
What is the Big Short?
This is the term for the easiest tasks or opportunities that require minimal effort but get the job done quickly.
What is “low-hanging fruit”?
The founders of Tonka Bay first worked together at this Minneapolis-based commercial bank, also home to the purple and gold.
What is US Bank?
Accountant by training, he's learned to trade in balancing debits and credits into balancing chemical formulations for industrial and concrete applications.
Who is Todd Schroeder?
This is the total number of platform investments the firm has made to date.
What is [45]?
Just last year, this is the eye-popping cash-on-cash multiple earned by Lime Rock Partners after a 17-year investment in CrownRock became one of the highest returns in private equity history.
What is 79x?
In business, this football-inspired term means to delay making a tough decision and hope someone else handles it later.
What is “punting”?