Music & Games

CTM Group acquires Namco entertainment locations

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November 3, 2021

CTM Group Inc., a provider of managed entertainment and souvenir solutions for tourist destinations and other high-traffic venues, has acquired 39 operated entertainment locations from Namco USA Inc. for an undisclosed sum, according to a press release.

Under the terms of the asset purchase agreement, CTM Group has acquired a portfolio of 39 directly operated entertainment locations, including arcades, children's rides and carousels across the U.S., as well as close to 2,000 pieces of Namco equipment.

CTM Group is a portfolio company of Z Capital Group LLC, a privately-held asset manager.