Baring Private Equity Asia invests USD 150 million in Virtuos, making it the largest external shareholder and positioning the company for significant growth in the ever-expanding gaming industry.

Target Information

Virtuos, established in 2004 and headquartered in Singapore, is a prominent global game development company. Since its inception, Virtuos has specialized in providing high-quality art production and comprehensive game development services, becoming a key player in offering integrated end-to-end solutions for successful video game franchises. The company operates across 13 locations worldwide, including Asia, North America, and Europe.

Virtuos has earned a robust reputation in the gaming industry, servicing 18 of the top 20 digital entertainment companies, such as Activision Blizzard, Bandai Namco, and Ubisoft. With a portfolio that includes iconic titles like Assassin’s Creed and Call of Duty, Virtuos continues to be a go-to partner for major publishers and developers, also contributing to renowned film franchises like Black Panther and Jurassic World.

Industry Overview

The gaming industry in Singapore has experienced rapid growth, driven by increased consumer demand for interactive entertainment. Major technological advancements and the rise of mobile gaming have further

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Baring Private Equity Asia

invested in

Virtuos

in 2021

in a Growth Equity & Expansion Capital deal

Disclosed details

Transaction Size: $150M

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