Tonka Bay Equity Partners Announces Acquisition Of NAI Cranes, LLC

Minnetonka, Minn (January 5th, 2009)

Tonka Bay Equity Partners ("Tonka Bay") today announced the acquisition of the NAI Cranes, LLC (“NAI”). NAI is Tonka Bay’s ninth platform acquisition in their current investment fund. Boulder Brook Partners of Wellesley, MA co-invested in the transaction.

Based in Woburn, MA, NAI is a leading provider of custom overhead cranes and related services suited to a variety of different applications and industries. A true turnkey supplier, NAI provides cranes, components, runways, and installation and repair services, with a strong commitment to customer service. NAI’s website is naicranes.com.

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.