VRA Advises Meptik on its Sale to disguise
VRA Partners ("VRA") is pleased to announce that Meptik has completed a strategic sale to disguise, a portfolio company of The Carlyle Group. VRA acted as the exclusive financial advisor to Meptik. Terms of the transaction were not disclosed.
"We knew we were in good hands with VRA. Their team supported us throughout the entire process, from finding the best path forward to completing the transaction successfully," said Meptik Co-Founder, Sarah Linebaugh.
As a leading virtual production studio, Meptik specializes in immersive entertainment, creating hybrid realities for a broad range of clients, including film studios, lifestyle brands, Fortune 500 companies, music artists, and more. Since its founding in 2015, Meptik has developed unparalleled creative and technical expertise across extended reality, augmented reality, mixed reality and virtual production.
disguise is a leading technology platform that enables creative and technical professionals to deliver spectacular live visual experiences. disguise specializes in combining real-time 3D visualization-based software with high-performance hardware. disguise has revolutionized storytelling, allowing brands, creatives, artists, filmmakers and broadcasters all around the world to blend the line between the real and the virtual world through their extended reality and virtual production technology.
disguise and Meptik will work together to deploy more world-class disguise-powered extended reality (xR) studios and installations. The collaboration brings together Meptik's expertise in xR, their deep experience designing interactive installations and the disguise global footprint to expand their delivery into new territories.
"We have always prided ourselves on our ability to service both sides of the equation - the creative and the technical—in support of our mission to Upset Reality™," says Nick Rivero, Co-Founder of Meptik. "Joining forces with disguise enhances our ability to create dynamic hybrid worlds for our clients from start to finish while maintaining our down-to-earth spirit."
"Sarah and Nick have built a truly innovative and disruptive company, and we're excited to see what they'll accomplish next in partnership with disguise. We are grateful they entrusted VRA with such an important milestone in their professional and personal lives," said VRA Managing Director, Collier McRae.
We knew we were in
good hands with VRA. Their team supported us throughout the entire process,
from finding the best path forward to completing the transaction successfully.