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.