Craig Bunker Promoted to Director of Business Development

MINNETONKA, MN (January 15, 2024) — Tonka Bay Equity Partners announced today that Craig Bunker has been promoted to a newly created role of Director of Business Development.

Bunker joined Tonka Bay in 2020. In this new role, Bunker will be responsible for leading Tonka Bay’s origination efforts, including sourcing new investment opportunities, and connecting with new and existing referral sources in target Midwest geographies. He is also responsible for expanding Tonka Bay’s network of executives, operating partners, and investors.

“We are excited for Craig to begin his new role as Director of Business Development,” says Steve Soderling, Partner at Tonka Bay. “Craig is a great fit for this role. During his tenure, Craig has set the tone for our marketing efforts. His promotion to Director of Business Development reflects the impact he has made and relationships he has built.”

Prior to joining Tonka Bay, Bunker was an Associate at HCI Equity Partners and worked with the Treasury and Investors Services divisions at Brown Brothers Harriman. Bunker earned his undergraduate degree from Colby College in Waterville, Maine.  He also played professional lacrosse for five seasons in the Major League Lacrosse (MLL).

About Tonka Bay Equity Partners
Based in Minnetonka, Minnesota, Tonka Bay has been Building Bigger, Better Businesses® for over 25 years. Tonka Bay Equity Partners is a private equity firm that acquires and invests in growth-oriented businesses in the highly engineered manufacturing, business services and value-added distribution sectors. For more information, call (952) 345-2030 or visit

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