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ZCG-backed CTM Group completed the acquisition of assets from NAMCO USA.

Synopsis

Z Capital-backed CTM Group, a vending machine supplier, completed the acquisition of 39 directly operated entertainment locations from NAMCO USA, the premier manufacturer of coin-operated arcade games and ticket redemption games. Financial terms were not disclosed. "We are pleased to acquire this portfolio of entertainment locations, which are located in attractive, high-traffic sites and enable CTM to extend our footprint and broaden our installed base. With the closing of the transaction, we look forward to continuing to drive growth across our highly-scalable, managed service platform," David Bishop, CTM CEO.

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