New Associate at Tonka Bay

Tonka Bay Equity has hired Zach Huston as an investment associate. In his new role, Mr. Huston will be actively supporting the investment activities of the firm.

Before coming over to Tonka Bay, Mr. Huston was a manager in the transaction advisory practice of Ernst & Young where he performed both buy-side and sell-side financial due diligence across a range of sectors. Earlier he was with Ernst & Young’s audit practice in Minneapolis.

“Zach’s background in the transaction space makes him an ideal value contributor to the firm,” said Shane Slominski, a partner at Tonka Bay. “We are excited to have Zach on the team.”

“Tonka Bay’s track record building strategic partnerships with business owners has proven success in the market,” said Mr. Huston. “I’m excited to join the investment team and contribute to the firm’s continued success.”

Mr. Huston has both his undergraduate and master’s degrees from the University of Nebraska.

Tonka Bay invests in companies that have revenues of more than $10 million and EBITDA of more than $2 million. Sectors of interest include specialty food manufacturing, industrial distribution, highly engineered sensors, safety products, and specialty chemicals. The firm was founded in 1998 and is based in the Minneapolis suburb of Minnetonka.

Private Equity Professional | July 16, 2020

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