Delivering Value Beyond Capital

We are a private equity firm helping businesses grow and thrive in their communities.

Over the last decade, Tonka Bay Equity Partners has specialized in helping businesses achieve new levels of growth in their markets. Our team brings significant experience in both investing and operations, driven by the belief that higher-performing businesses have a direct positive impact on local communities.

Our patient, creative and personalized approach has yielded superior investment returns for the companies we serve.

Recent News
  • Nov 10th
    Tonka Bay on the Air

    Tonka Bay Principal Steve Soderling was recently featured in a podcast on Today’s Business Radio. ... more

  • Apr 5th
    Small is beautifulDownload PDF

    A Minnesota private equity firm carves out a niche shunned by its giant, troubled peers. ... more

  • Mar 16th
    Tonka Bay Equity Partners Forms AppleWhite Dental

    Tonka Bay Equity Partners ("Tonka Bay") has announced the formation of AppleWhite Dental LLC (“AppleWhite”). Based in Dubuque, Iowa, AppleWhite is a dental practice management company ... more