Shane Slominski named a Principal of Tonka Bay

March 7th, 2011

Minnetonka, Minn. - Tonka Bay Equity Partners ("Tonka Bay") today announced that Shane Slominski has been named a Principal of the firm.

Slominski joined Tonka Bay in 2006 as a Senior Associate and was promoted to Director in 2007. In his role at Tonka Bay, Slominski sources, structures, and closes new investment opportunities and add-on acquisitions. He is also responsible for performing due diligence and manages the financing process for transactions. In addition, Slominski provides strategic oversight and corporate governance to portfolio companies and is responsible for investor reporting. Slominski currently serves on the boards of directors of Tonka Bay portfolio companies Checkers Industrial Products, AppleWhite Dental, and All Flex Flexible Circuits.

"Shane has been a valuable member of our team for over five years," says Cary Musech, Managing Principal of Tonka Bay. "His promotion to Principal reflects the contributions he has made to our portfolio companies and the value he has created for our investors."

Prior to joining Tonka Bay, Slominski was a Manager in the Minneapolis office of Deloitte & Touche LLP. Slominski earned his B.B.A degree magna cum laude in accounting from the University of Notre Dame and is a licensed certified public accountant (CPA, inactive).

About Tonka Bay Equity Partners

Based in Minnetonka, MN, Tonka Bay Equity Partners is a private equity firm that acquires and invests in lower middle market businesses in the highly-engineered manufacturing, business services and value-added distribution sectors. For more information, call (952) 345-2035 or visit www.tonkabayequity.com.