Global investment company Carlyle Group has become the majority shareholder in visual content company disguise, which will allow the company to enter a new phase of growth development.
Epic Games has also secured a minority stake in disguise.
According to disguise, the new investment will consolidate its position as the global ‘platform of platforms’ for the creation and delivery of visual content at any scale and location.
In the past year, over 150 disguise xR stages have been built in more than 35 countries and disguise xR has powered more than 200 events.
Led by CEO Fernando Kufer, disguise employees will also retain what’s described as a significant minority share, with founder Ash Nehru still the largest shareholder amongst them. Existing private equity partner Livingbridge will also reinvest in the transaction.
Kufer said: “We’re proud of the journey that we have been on with our customers and are excited by what the future holds. We’re delighted to work alongside Carlyle, who understand our vision for growth, in this next phase of the disguise story, and are excited to keep driving innovation in virtual production and xR stages with Epic. In partnering with Carlyle, the future is very bright for disguise, its customers, and its community.”