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Announced

Z Capital acquired Techniks Tool Group.

Synopsis

Z Capital acquired Techniks Tool Group, a leading provider of tool holding and workholding products used in CNC machine applications for industrial end markets. Financial terms were not disclosed. "TTG is an innovative technology leader with an established track record, and its investments in people, systems and processes are driving significant momentum and positioning the business for long-term success," said James Zenni, Chief Executive Officer of Z Capital Group. "I look forward to working with Dean and TTG's seasoned leadership team to refine and execute the Company's strategic plan to capitalize on a range of compelling opportunities for continued growth."

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