Z Capital Announces Acquisition of CTM Group Inc.

NEW YORK, Dec. 3, 2018 /PRNewswire/ -- Z Capital Partners, L.L.C. ("Z Capital"), the private equity management arm of Z Capital Group, L.L.C., a leading global alternative investment manager focused on opportunistic, value-oriented private equity and credit funds, today announced the acquisition of CTM Group Inc. ("CTM" or the "Company"), a leading global provider of managed entertainment and souvenir solutions for tourist destinations and other high-traffic venues, including theme and amusement parks, zoos, aquariums, museums and retail locations.

With an international network of blue-chip venue partners and more than 10,000 pieces of installed equipment in over 2,000 popular venues, CTM is the provider of choice for entertainment and souvenir concepts at iconic tourist and retail destinations. Since its founding in 2002, the Company has grown rapidly, both organically and through acquisitions, while introducing new equipment and categories for its customers.

"CTM is the partner of choice in the tourism and high-traffic retail industry with a global platform, longstanding relationships with blue-chip venues, a service-focused approach, a large installed equipment base and an attractive and diversified business model," said James Zenni, Chief Executive Officer of Z Capital Group. "I look forward to working closely with Tom and the experienced CTM leadership team to leverage its recent success, continue product innovation and capitalize on an attractive pipeline of opportunities to accelerate future growth."

"We are pleased to join the Z Capital team as we continue to enhance our best-in-class equipment and product offerings and deepen our venue partner relationships with the goal of providing children and families lasting memories of these amusement and tourist destinations," said Tom Coco, Chief Executive Officer of CTM Group. "Z Capital's operational expertise will be invaluable as we enter our next phase of expansion, and I am excited to work closely with the Z Capital team to achieve our strategic objectives."

"With a proven, growth-oriented management team, a scalable infrastructure in a highly fragmented space and a successful track record of execution, CTM is well-positioned to further solidify its market leadership," said Rahul Sawhney, Senior Managing Director of Z Capital Partners. "The Company's business model is ideally suited to take advantage of favorable trends at tourist and other high-traffic locations, pursue new venues and product categories, and continue its impressive international growth. We look forward to supporting Tom and the management team through Z Capital's operational and financial resources to achieve continued growth, both organically and through acquisitions."

About CTM Group Inc.
Formed in 2002, CTM Group Inc. is a leading global provider of managed entertainment and souvenir solutions for tourist destination and other high-traffic venues, including theme and amusement parks, zoos, aquariums, museums and retail locations worldwide. CTM has an international network of blue-chip venue partners and more than 10,000 pieces of installed equipment in over 2,000 popular venues. CTM is the provider of choice for entertainment and souvenir concepts at iconic tourist and retail destinations. For more information, please visit www.ctmgroupinc.com.

About Z Capital Group
Z Capital Group, L.L.C. and its subsidiaries ("Z Capital") are a leading alternative asset management firm with approximately $2.3 billion of regulatory assets under management. For over two decades, the Partners of Z Capital have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, automotive parts, capital equipment and general manufacturing.

Z Capital creates value for its investors by collaborating with talented management teams to generate investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies. The Z Capital Private Equity Funds' portfolio companies are within numerous industries, have aggregate annual revenues of approximately $1.3 billion, sell products in 57 countries, and have over 11,000 employees and an excess of 200,000 associates, directly and through joint ventures worldwide. The Z Capital investment strategy and portfolio companies are described at www.zcapgroup.net.

Media Contact
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SOURCE Z Capital Group, L.L.C.

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http://www.zcapgroup.net