Virtuos has raised growth capital from Baring Private Equity Asia
Founded in 2004, Virtuos is a global company with Asian roots. Since its inception, the company has grown to become a global leader in digital production services for video game development and now operates in 13 locations across Asia, North America and Europe. Virtuos has built a strong reputation as the partner of choice for video game publishers and developers globally, working with 18 of the world’s top 20 digital entertainment companies and on some of the industry’s most successful game titles. For more information, please visit www.virtuosgames.com/.
The $150 million investment from BPEA will support Virtuos’ next phase of accelerated growth and finance its buy-and-build strategy across different geographies through strategic partnerships and acquisitions. The investment will also underpin the growth of Virtuos’ digital platform and the digitalization of its production platforms across its global studio network, improving productivity and scaling its ability to innovate and deliver bigger and better games for more hardware.
Ludovic Rodié and François Carlot, Managing Directors at Lincoln, commented, “We are proud to have advised such a successful company and very grateful for the trusted relationships we established with the shareholders since its first growth equity deal in 2018.”
About Baring Private Equity Asia
BPEA is one of the largest private alternative investment firms in Asia with assets under management of $27 billion. BPEA manages a private equity investment program, sponsoring buyouts and providing growth capital to companies for expansion or acquisitions with a particular focus on the Asia Pacific region as well as dedicated funds focused on private real estate and private credit. The firm has a 24-year history and over 210 employees located across offices in Hong Kong, Singapore, China, India, Japan, Australia and the U.S.
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