ZMC Advisors, a private equity firm, completed the acquisition of The Second City, a premier brand in improvisation and sketch-based comedy entertainment and education. Financial terms were not disclosed. "We are thrilled to work with ZMC as we continue to transform the company into an equitable and thriving environment while delivering world-class comedy to our audiences. I want to thank the talent, staff, alumni and audiences of The Second City for supporting us on our journey," Steve Johnston, The Second City President.