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New Deal


Announced

Completed

Baring Private Equity Asia completed a $150m investment in Virtuos.

Financials

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Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Completed

game developer

Private

Single Bidder

Gaming

Cross Border

Friendly

video game developer

Venture Capital

Minority

Singapore

Synopsis

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Baring Private Equity Asia, a private equity firm, completed a $150m investment in Virtuos Holdings, a video game developer. Following this investment, BPEA will become the largest external shareholder in Virtuos. “This investment from BPEA, which has a long history of supporting and growing Asian-based companies, will ensure that we stay at the forefront of AAA content development and deliver high value-added services in full game co-development and end-to-end art production, and continue to be the trusted partner for publishers and developers in developing blockbuster games," Gilles Langourieux, Virtuos CEO.

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