We are concerned with the following class of equations with exponential nonlinearities: which is related to the Tzitz'eica equation. Here are two smooth positive functions. The purpose of the paper is to initiate the analytical study of the above equation and to give a quite complete picture both for what concerns the blow-up phenomena and the existence issue. In the first part of the paper we provide a quantization of local blow-up masses associated to a blowing-up sequence of solutions. Next we exclude the presence of blow-up points on the boundary under the Dirichlet boundary conditions. In the second part of the paper we consider the Tzitz'eica equation on compact surfaces: we start by proving a sharp Moser-Trudinger inequality related to this problem. Finally, we give a general existence result.

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