ZMC Announces Promotions

NEW YORK--(BUSINESS WIRE)--ZMC, a leading middle market private equity firm focused on investments in the media, communications and technology sectors, is pleased to announce four internal promotions: Ripan Kadakia has been promoted to Partner; Jason Sporer to Principal; and Ben Carus and Scott Lucas to Vice President.

Commenting on the promotions, ZMC Founder and Managing Partner Strauss Zelnick said, “We are thrilled to recognize this group of talented individuals. Each has demonstrated the skills and character that we hold in high regard as we continue to grow our organization. We look forward to their continued growth and contributions in the years to come.”

“ZMC prides itself on rewarding excellence and we are incredibly proud to promote these professionals and recognize their many contributions to our portfolio companies, our capital partners and our firm,” said Andrew Vogel, Co-Chief Investment Officer and Managing Partner. “Each of these individuals are critical members of the team and bring tremendous depth to ZMC’s middle-market media, communications, and technology focus,” added Jordan Turkewitz, Co-Chief Investment Officer and Managing Partner.

Ripan Kadakia, Partner, joined ZMC in 2014 and is on the boards of Simeio, CommentSold, AdThrive and Logitix (fka Dynasty Sports & Entertainment). Before joining ZMC, Mr. Kadakia was an investment professional at Warburg Pincus and Audax Group Private Equity and began his career as a strategy consultant at Oliver Wyman

Jason Sporer, Principal, joined ZMC in 2011 and is on the boards of The Second City, ITRenew, Education Networks of America, Inc. and 9 Story Media Group. Previously, Mr. Sporer worked at Evercore in the Restructuring and Capital Markets Group

Ben Carus, Vice President, joined ZMC in 2016. Previously, Mr. Carus worked in the investment bank at J.P. Morgan where he focused on advising clients on mergers & acquisitions, capital raising and other corporate activities.

Scott Lucas, Vice President, joined ZMC in 2016. Previously, Mr. Lucas worked at Sagent Advisors, a New York-based investment banking firm, where he focused on mergers & acquisitions and capital raising engagements in the media and information services sector.

About ZMC

ZMC is a leading private equity firm comprised of experienced investors and executives who invest and manage a diverse group of media and communications enterprises. Founded in 2001, ZMC’s investment philosophy centers on operational value creation driven by targeted investment themes, deep sector expertise, and strong partnerships with industry and operating executives. ZMC approaches its investments in collaboration with management teams and has a successful track record of actively adding value to portfolio companies. ZMC is currently investing out of ZMC III, L.P., which closed on $775 million in commitments. See www.zmclp.com to learn more.