Z Capital completes acquisition of Carillon Hotel and Spa

Z Capital Partners has completed the acquisition of the Carillon Hotel and Spa, which was previously operated as Canyon Ranch Hotel & Spa in Miami Beach. The property will be managed by a joint venture created by Z Capital with Adrian Zecha, founder of Amanresorts and GHM Hotels, and Jonathan Breene, creator of The Setai, South Beach.


Z Capital appoints McBeath as MD and operating partner

Z Capital Partners has appointed William McBeath as managing director and operating partner. Prior to joining Z Capital, McBeath was the president and chief operating officer for CityCenter, which includes ARIA Resort & Casino, Vdara Hotel & Spa, Crystals and Mandarin Oriental, Las Vegas.


Z Capital expands investment team

Z Capital Partners has expanded its investment team. Thomas P. Wicky has been appointed managing director and operating partner and Matthew D. Kane has been named director and deputy general counsel.


Z Capital-backed Affinity Gaming names new CEO

Las Vegas-based casino operator Affinity Gaming, a portfolio company of Z Capital Partners, has appointed Michael Silberling as CEO. Silberling will also be added to the board of directors. Previously, he worked at Caesars Entertainment Corp. Also joining the board are James Zenni, Andrei Scrivens and James Cacioppo.


Z Capital wins auction for Canyon Ranch

Z Capital Partners was named the successful bidder in the auction of the Carillon Hotel and Spa, which is currently being operated as Canyon Ranch Hotel & Spa in Miami Beach. Z Capital’s Thomas Wicky, who has experience managing resorts, will play a role in managing the investment.

PE-backed Real Mex hires CFO

Real Mex, a portfolio company of both Z Capital Partners and Tennenbaum Capital Partners, has named Laurie Lawhorne as chief financial officer. The appointment is effective immediately. Previously, Lawhorne worked at Captain D’s and Grandy’s where she served as senior vice president, CFO and treasurer. Headquartered in Cypress, California, Real Mex is a Mexican restaurant chain.

PE-backed Real Mex promotes Gueli to COO

Real Mex, a portfolio company of both Z Capital Partners and Tennenbaum Capital Partners, has promoted Rio Gueli to chief operating officer. Recently, Gueli served as the firm’s executive vice president of operations. Headquartered in Cypress, California, Real Mex Restaurants is a Mexican restaurant chain.

Z Capital Promotes Four Execs

Z Capital Partners said Monday that four members of its team were promoted to senior MD and Partner. They include Martin Auerbach, Christopher Kipley, Rahul Sawhney and Jonathan Schmugge. The four execs were previously MDs.

Z Capital Partners Buy Roughly 25% of Affinity Gaming

Z Capital Partners has acquired a nearly 25% stake in Affinity Gaming. Financial terms were not announced. Las Vegas-based Affinity is a diversified casino gaming company with 12 casinos spread throughout Nevada, Missouri and Iowa. PRESS RELEASE Z Capital Partners, L.L.C. (“Z Capital”), a private equity firm focused on revitalizing businesses, today announced that it […]

Neways Enterprises Completes Restructuring

Neways Enterprises, Utah-based maker of dietary supplements and personal care products, has completed an out-of-court restructuring to reduce its debt, the company announced. As a result of the transaction, private equity firm Z Capital Partners and funds affiliated with S.A.C. Capital Advisors will own a majority of Neways. Golden Gate Capital will maintain an equity stake, the company said. Terms of the deal were not released.

Mrs. Fields Appoints New Board

Mrs. Fields Famous Brands, a franchisor in the premium snack food industry, has appointed a new board of directors. The business is majority-owned by Z Capital Partners and The Carlyle Group. PRESS RELEASE Mrs. Fields Famous Brands (the “Company”), a franchisor of Mrs. Fields and TCBY, today announces a new board of directors as the […]

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