Keelan Diehl Joins Tonka Bay

MINNETONKA, Minn.  (September 9, 2014) Tonka Bay Equity Partners LLC (“Tonka Bay”) announced that Keelan Diehl has joined the firm as an Investment Associate. In this role, Diehl will assist in the execution of the firm’s overall investment activities.

Diehl graduated with his MBA from the University of Minnesota at the Carlson School of Management in May of 2014 with the highest academic distinction as a Carlson Scholar.  Prior to pursuing his MBA, Diehl was a portfolio manager at Cornerstone Management, an institutional investment consulting firm.  While at Cornerstone Diehl was involved with managing endowments, charitable trusts and gift annuity funds for both higher education and religious non-profit organizations. 

“I’m looking forward to being part of the Tonka Bay team and the success they have had accelerating growth in middle market companies over the past 15 years,” Diehl said.  “I truly believe that in business people drive results and I look forward to contributing to the firm’s future achievements.”

“Keelan’s diverse work experience in corporate finance, combined with his MBA provide a strong foundation for him to be a valuable contributor to the firm” said Steve Soderling, Principal of Tonka Bay Equity Partners.  “We are thrilled to have Keelan on the Tonka Bay team.”

Diehl graduated at the top of his class at Bryan College with a double major with in Finance and Communications.  He has also passed all three levels of the Chartered Financial Analyst (CFA) program.

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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