Tonka Bay Equity Partners Acquires Orange Tree Employment Screening

Accurate Background Acquires Orange Tree Employment Screening

June 4, 2024

Staffing & HR

Accurate Background, a privately held global provider of background checks and workforce monitoring solutions, has acquired Orange Tree Employment Screening from Tonka Bay Equity Partners. The deal expands Accurate's screening capabilities and service coverage—including in healthcare—and strengthens its position in the employment background screening market. Financial terms were not disclosed.

Orange Tree Employment Screening Acquires Hire Image

August 2, 2022

Staffing & HR

Orange Tree Employment Screening, a Tonka Bay Equity Partners-backed background screening provider, has acquired Hire Image, a PBSA-accredited background screening specialist. The deal is an add-on that expands Orange Tree's technology-driven screening, drug testing and verification capabilities and represents the second add-on completed under Tonka Bay's ownership.

Orange Tree Employment Screening Acquires Info Cubic

November 15, 2022

Staffing & HR

Orange Tree Employment Screening, a portfolio company partnered with Tonka Bay Equity Partners, has acquired Info Cubic, a Colorado-based background screening provider that serves heavily regulated industries including healthcare and DOT-regulated sectors. The transaction is an add-on acquisition intended to deepen Orange Tree's vertical expertise and accelerate its growth plans.

Orange Tree Employment Screening Acquires Vericon Resources

November 16, 2021

Staffing & HR

Orange Tree Employment Screening, a Tonka Bay Equity Partners portfolio company, has acquired Vericon Resources, Inc., a Georgia-based provider of background screening services. The deal is an add-on intended to expand Orange Tree's client base and capabilities by integrating Vericon's custom solutions with Orange Tree's cloud-enabled screening platform under Tonka Bay's ownership.

Tonka Bay Equity Partners Acquires Corporate Technologies

July 19, 2023

IT Services

Tonka Bay Equity Partners led a majority buyout of Corporate Technologies, a Minneapolis-based managed IT services provider, partnering with CEO Jim Griffith and junior capital provider Northstar Capital. The seller was North Central Equity; Northstar provided debt and an equity co-investment to support the transaction as Corporate Technologies becomes a platform for add-on growth across multiple U.S. markets.

Tonka Bay Equity Partners Invests in Professional (Professional Credit & Ensource)

July 27, 2021

Professional Services

Tonka Bay Equity Partners made a strategic growth investment in Professional (formerly Professional Credit & Ensource), a U.S.-based provider of first- and third-party accounts receivable management and revenue cycle services. The investment will support Professional’s geographic expansion, continued technology investment and growth while the company’s leadership and service lines remain unchanged.