Tonka Bay Equity Partners Acquires Corporate Technologies
July 19, 2023
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.
- Buyers
- Tonka Bay Equity Partners LLC, Northstar Capital, Jim Griffith
- Targets
- Corporate Technologies LLC
- Sellers
- North Central Equity LLC
- Industry
- IT Services
- Location
- Minnesota, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.