Tonka Bay Equity Partners has made an investment in Orange Tree Employment Screening LLC, a provider of background screening services. No financial terms were disclosed.
MINNETONKA, MN (February 2, 2021) — Tonka Bay Equity Partners LLC has invested in Orange Tree Employment Screening LLC, a leading technology-enabled business services company which provides companies with fast and easy background screening services.
As a provider of background screening solutions, Orange Tree delivers essential services for its clients’ pre-employment hiring process where speed, ease-of-use, and accuracy is critical. Orange Tree is considered the teammate and trusted partner of its clients by combining innovative technology, peace-of-mind compliance, and responsive client care.
Renee Ernste, CEO of Orange Tree, said “we earn long-term business relationships with our clients because we offer the technology they need, compliance they expect, and client care they deserve. Companies don’t make compromises in their background screening program when choosing to partner with Orange Tree.”
Regarding the new business relationship with Tonka Bay, Ernste said “Tonka Bay is a great cultural fit with our team. We’re excited about the opportunity to expand our business services and accelerate our market penetration in partnership with them.”
Shane Slominski, Partner at Tonka Bay, stated “We’ve gotten to know Orange Tree and the management team over several years and are thrilled with the opportunity to partner with Renee and her team. They have built an impressive business that is positioned for accelerated growth in a large and fragmented market. We’re excited to support the business in its next stage of growth.”
About Orange Tree
Based in Minneapolis, Minnesota, Orange Tree Employment Screening offers fast and easy background screening services so companies can hire quickly. Orange Tree designs background screening programs in the best interest of its clients. These programs are delivered with innovative technology, peace-of-mind compliance, and responsive client care. For more information about Orange Tree, please visit orangetreescreening.com.
About Tonka Bay Equity Partners
Based in Minnetonka, Minnesota, Tonka Bay Equity Partners is a private investment 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 tonkabayequity.com.