ZMC’s Acquisition of The Second City

Mayer Brown and Cassels represented The Second City in the transaction.

The Second City, the world’s premier brand in improvisation and sketch-based comedy entertainment and education, completed its sale to ZMC, a leading private equity firm. ZMC plans to grow the brand and build an industry leader in diversity, equity and inclusion.

Founded in Chicago in 1959, The Second City is an iconic brand that has become the most influential and prolific comedy empire in the world. The company has expanded beyond the theatrical stage in Chicago, establishing a strong and growing presence in North America through dozens of partnerships, among thousands of students, and with hundreds of Fortune 1000 clients.

The Mayer Brown team representing The Second City was led Corporate & Securities partners Marc Harrison (Picture) and Ameer Ahmad and included: Employment & Benefits – partners Ryan Liebl and Stephanie Vasconcellos, counsel Karen Grotberg and associate Hillary August (all Chicago); Financial Services Regulatory & Enforcement – partner Eric Mitzenmacher (DC); Intellectual Property – partner Richard Assmus, associate Nicholas Ronaldson and staff attorney William Siegel (all Chicago); Tax Transactions & Consulting – partner Jason Bazar and associate Stephanie Wood (both New York); Litigation & Dispute Resolution – counsel Kim Leffert and Maritoni Kane; Corporate & Securities – associates Maya Rahwanji, John Donovan and Joshua Cohen (all Chicago); and Real Estate Markets – associate Ryan Lifland (Charlotte).

The Cassels team included Casey Chisick (Entertainment & Sports and Intellectual Property), Colin Ground, Lindsay Dykstra and Michael Britton (Private Equity and M&A), Alison Hayman (Intellectual Property), Chris Hersh (Regulatory) and Joseph Bellissimo (Restructuring & Insolvency).

Involved fees earner: Joseph Bellissimo – Cassels Brock & Blackwell LLP; Michael Britton – Cassels Brock & Blackwell LLP; Casey Chisick – Cassels Brock & Blackwell LLP; Lindsay Dykstra – Cassels Brock & Blackwell LLP; Colin Ground – Cassels Brock & Blackwell LLP; Alison Hayman – Cassels Brock & Blackwell LLP; Chris Hersh – Cassels Brock & Blackwell LLP; Ameer Ahmad – Mayer Brown; Richard Assmus – Mayer Brown; Hillary August – Mayer Brown; Jason Bazar – Mayer Brown; Joshua Cohen – Mayer Brown; John Donovan – Mayer Brown; Karen Grotberg – Mayer Brown; Marc Harrison – Mayer Brown; Maritoni Kane – Mayer Brown; Kim Leffert – Mayer Brown; Ryan Liebl – Mayer Brown; Ryan Lifland – Mayer Brown; Eric Mitzenmacher – Mayer Brown; Maya Rahwanji – Mayer Brown; Nicholas Ronaldson – Mayer Brown; William Siegel – Mayer Brown; Stephanie Vasconcellos – Mayer Brown; Stephanie Wood – Mayer Brown;

Law Firms: Cassels Brock & Blackwell LLP; Mayer Brown;

Clients: The Second City;

Sonia Carcano

Author: Sonia Carcano