Slominski Named Principal at Tonka Bay

Tonka Bay Equity Partners, the Minnesota-based PE firm, has named Shane Slominski a principal with the firm. Slominski joined Tonka Bay in 2006 as a Senior Associate and was promoted to Director in 2007. Prior to joining Tonka Bay, Slominski was a Manager in the Minneapolis office of Deloitte & Touche LLP.

PRESS RELEASE:
Minnetonka, Minn. (March 7, 2011) – Tonka Bay Equity Partners 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.