{"id":4653,"date":"2022-05-18T13:09:55","date_gmt":"2022-05-18T13:09:55","guid":{"rendered":"https:\/\/sperrymitchell.info\/?p=4653"},"modified":"2023-03-29T15:54:10","modified_gmt":"2023-03-29T15:54:10","slug":"sperry-mitchell-advises-glass-egg-digital-media-on-its-sale-to-virtuos","status":"publish","type":"post","link":"https:\/\/www.sperrymitchell.com\/index.php\/2022\/05\/18\/sperry-mitchell-advises-glass-egg-digital-media-on-its-sale-to-virtuos\/","title":{"rendered":"Sperry Mitchell Advises Glass Egg Digital Media on its sale to Virtuos"},"content":{"rendered":"<div class='flex_column av-gh4jv1-2e289027928d5a788e5c67206cca5737 av_three_fourth  avia-builder-el-0  el_before_av_one_fourth  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-lftph8w6-8d4d3042e3e72c82590ac77f038e89e5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h2>Sperry Mitchell Advises Glass Egg Digital Media on its sale to Virtuos<\/h2>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1fi3f1-d5f9c38bed8d32f7387c3847903a36e5\">\n#top .hr.hr-invisible.av-1fi3f1-d5f9c38bed8d32f7387c3847903a36e5{\nmargin-top:-25px;\nheight:1px;\n}\n<\/style>\n<div  class='hr av-1fi3f1-d5f9c38bed8d32f7387c3847903a36e5 hr-invisible  avia-builder-el-2  el_after_av_textblock  el_before_av_hr '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='hr av-c6huml-8b5b481281501086d79777a2e487756a hr-default  avia-builder-el-3  el_after_av_hr  el_before_av_hr '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-au3yal-2c5b81d2cd2ba154921d9699d9387aea\">\n#top .hr.hr-invisible.av-au3yal-2c5b81d2cd2ba154921d9699d9387aea{\nmargin-top:-30px;\nheight:1px;\n}\n<\/style>\n<div  class='hr av-au3yal-2c5b81d2cd2ba154921d9699d9387aea hr-invisible  avia-builder-el-4  el_after_av_hr  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lftpjfrh-3de3f9a1d95639bd89882be8a14acb27'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p><span style=\"font-size: 11.0pt;\"><strong>New York, NY <\/strong><strong>(May 18, 2022) <\/strong>\u2013 <strong><span style=\"font-size: 12px;\"><span style=\"line-height: 20px;\"><span style=\"font-size: 15px;\">Glass Egg Digital Media Ltd. (\u201cGlass Egg\u201d)\u00a0of <\/span><\/span><\/span><\/strong><span style=\"font-size: 12px;\"><span style=\"line-height: 20px;\"><span style=\"font-size: 15px;\">Ho Chi Minh City, Vietnam, has been acquired by <\/span><\/span><\/span><strong><span style=\"font-size: 12px;\"><span style=\"line-height: 20px;\"><span style=\"font-size: 15px;\">Virtuos Holdings Pte. Ltd. (\u201cVirtuos\u201d) <\/span><\/span><\/span><\/strong><span style=\"font-size: 12px;\"><span style=\"line-height: 20px;\"><span style=\"font-size: 15px;\">of Singapore. <\/span><\/span><\/span><strong><span style=\"font-size: 12px;\"><span style=\"line-height: 20px; font-size: 15px;\">Sperry, Mitchell &amp; Company <\/span><\/span><\/strong><span style=\"font-size: 12px;\"><span style=\"line-height: 20px; font-size: 15px;\">served as exclusive financial advisor to Glass Egg.<\/span><\/span><strong><span style=\"font-size: 12px;\"><span style=\"line-height: 20px; font-size: 15px;\"> Morgan Lewis <\/span><\/span><\/strong><span style=\"font-size: 12px;\"><span style=\"line-height: 20px; font-size: 15px;\">served as legal representative to Glass Egg.\u00a0 <\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: 15px; line-height: 20px;\"><strong>Glass Egg<\/strong> (<a href=\"http:\/\/www.glassegg.com\">www.glassegg.com<\/a>) is a leading art outsourcing studio serving the video game development<img loading=\"lazy\" decoding=\"async\" class=\" wp-image-4654 alignright\" src=\"https:\/\/sperrymitchell.info\/wp-content\/uploads\/2023\/03\/Glass-Egg-2-246x300.jpg\" alt=\"\" width=\"400\" height=\"488\" srcset=\"https:\/\/www.sperrymitchell.com\/wp-content\/uploads\/2023\/03\/Glass-Egg-2-246x300.jpg 246w, https:\/\/www.sperrymitchell.com\/wp-content\/uploads\/2023\/03\/Glass-Egg-2.jpg 402w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/> market. Founded in 1999, Glass Egg\u2019s extensive art services include concept design and 2D &amp; 3D art production. With a staff of over 400 employees, Glass Egg has established a reputation for excellence in the vehicle art development segment. The studio has contributed to numerous notable AAA games, including <em>Call of Duty: Modern Warfare, Spider-Man, Forza: Horizon 4, Demon Souls,<\/em> and <em>Need for Speed Heat.<\/em> Following the acquisition, Glass Egg will rebrand itself as \u201cGlass Egg &#8211; a Virtuos Studio\u201d, but will continue to operate independently, with CEO Phil Tran and CFO Steve Reid remaining in their respective roles<span style=\"font-size: 18px; line-height: 21px;\"><span style=\"font-size: 15px;\">.<\/span><\/span>\u00a0<\/span><\/p>\n<p><span style=\"font-size: 15px; line-height: 20px;\"><strong>Virtuos<\/strong> (<a href=\"www.virtuosgames.com\">www.virtuosgames.com<\/a>) is a leading global video game development company, backed by Baring Private Equity Asia (&#8220;BPEA&#8221;). Founded in 2004, Virtuos has an established track record in game development services and 3D art production for AAA consoles, PC, and mobile titles, enabling its partners to generate additional revenues and achieve greater operational efficiency. Virtuos is headquartered in Singapore, with an employee base of over 2,500 full-time professionals in studios across Asia, Europe, and North America. Virtuos has successfully delivered high-quality content for more than 2,000 projects and its clients, including 18 of the top 20 digital entertainment companies worldwide.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 15px; line-height: 20px; word-break: break-word;\"><span style=\"font-size: 15px; line-height: 20px;\">Gilles Langourieux, CEO at Virtuos, commented, \u201cWe\u2019re excited to bring the Glass Egg team on board the Virtuos family. With its strong brand equity, coupled with its sizeable and long-term local operations, Glass Egg demonstrates excellent synergies with Virtuos, and we look forward to harnessing our combined expertise to strengthen our commitment to excellence.\u201d<\/span><\/p>\n<p style=\"text-align: justify; font-size: 15px; line-height: 20px; word-break: break-word;\"><span style=\"font-size: 15px; line-height: 20px;\">Phil Tran, Glass Egg\u2019s CEO, stated, \u201cWe are honored to be a part of an industry stalwart, Virtuos. This deal means our staff will have the ability to expand skills and take on a wider array of projects, which will benefit our clients as well. With the support and resources of Virtuos, we are energized to meaningfully contribute to the industry in its next phase of growth.\u201d<\/span><\/p>\n<p style=\"text-align: justify; font-size: 15px; line-height: 20px; word-break: break-word;\"><span style=\"font-size: 15px; line-height: 20px;\"><strong>Sperry, Mitchell &amp; Company<\/strong>\u00a0(<a href=\"http:\/\/www.sperrymitchell.com\/\">www.sperrymitchell.com<\/a>) is an investment banking firm specializing in sell-side, middle-market merger &amp; acquisition advisory services. Since the firm\u2019s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $20 to $500 million.<\/span><\/p>\n<p><em><strong>View articles about this transaction: (click below)<\/strong><\/em><\/p>\n<p><a href=\"https:\/\/www.macaubusiness.com\/virtuos-makes-strategic-investment-in-vietnam-with-acquisition-of-glass-egg\/\">Macau Business<\/a><\/p>\n<p><a href=\"https:\/\/www.gamesindustry.biz\/articles\/2022-05-19-virtuos-acquires-art-production-studio-glass-egg\">GamesIndustry.biz<\/a><\/p>\n<p><a href=\"https:\/\/www.dealstreetasia.com\/stories\/virtuos-buys-glass-egg-293146\">DealStreetAsia<\/a><\/p>\n<\/div><\/section><\/p><\/div>\n<div class='flex_column av-96x1bx-07a5ec624b188c05dfe3fafd52511434 av_one_fourth  avia-builder-el-6  el_after_av_three_fourth  el_before_av_hr  flex_column_div '     ><section  class='av_textblock_section av-77ry99-8878e952577062702e5148561097be73'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h5>LOCAL NAVIGATION<\/h5>\n<p><a href=\"https:\/\/sperrymitchell.info\/index.php\/news\/\"><strong>Main News Page<\/strong><\/a><\/p>\n<h5>PRESS COVERAGE<\/h5>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-605y71-2deccbf1d8c9fe7d7d9d3332638626f9\">\n#top .hr.hr-invisible.av-605y71-2deccbf1d8c9fe7d7d9d3332638626f9{\nheight:10px;\n}\n<\/style>\n<div  class='hr av-605y71-2deccbf1d8c9fe7d7d9d3332638626f9 hr-invisible  avia-builder-el-8  el_after_av_textblock  el_before_av_magazine '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  id=\"avia-magazine-1\"  class='av-magazine av-1ljhp-f431852b9834c57fca9ee0b4d0ca4974  avia-builder-el-9  el_after_av_hr  avia-builder-el-last   avia-builder-el-9  el_after_av_hr  avia-builder-el-last ' ><div class='av-magazine-group sort_all'><article class='av-magazine-entry av-magazine-entry-id-6390 av-magazine-format-standard av-magazine-type-post av-magazine-entry-1 av-magazine-entry-small av-magazine-no-thumb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"av-magazine-content-wrap\"><header class=\"entry-content-header\"><time class='av-magazine-time updated'  itemprop=\"datePublished\" datetime=\"2026-01-09T14:08:59+00:00\" >January 9, 2026<\/time><h3 class='av-magazine-title entry-title '  itemprop=\"headline\" ><a href='https:\/\/www.sperrymitchell.com\/index.php\/2026\/01\/09\/ma-magazine-recognizes-beatrice-h-mitchell-as-industry-leader-for-10th-consecutive-year\/' title='Link to: M&#038;A Magazine Recognizes Beatrice H. 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Women Dealmakers'>Beatrice Mitchell Recognized as One of the Top U.S.A. Women Dealmakers<\/a><\/h3><\/header><\/div><footer class=\"entry-footer\"><\/footer><\/article><article class='av-magazine-entry av-magazine-entry-id-4772 av-magazine-format-standard av-magazine-type-post av-magazine-entry-12 av-magazine-entry-small av-magazine-no-thumb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"av-magazine-content-wrap\"><header class=\"entry-content-header\"><time class='av-magazine-time updated'  itemprop=\"datePublished\" datetime=\"2020-03-28T16:31:44+00:00\" >March 28, 2020<\/time><h3 class='av-magazine-title entry-title '  itemprop=\"headline\" ><a href='https:\/\/www.sperrymitchell.com\/index.php\/2020\/03\/28\/beatrice-mitchell-featured-in-brown-brothers-harrimans-women-wealth-magazine\/' title='Link to: Beatrice Mitchell Featured in Brown Brothers Harriman\u2019s Women &#038; Wealth Magazine'>Beatrice Mitchell Featured in Brown Brothers Harriman\u2019s Women &#038; Wealth Magazine<\/a><\/h3><\/header><\/div><footer class=\"entry-footer\"><\/footer><\/article><\/div><\/div><\/p><\/div><div  class='hr av-2bw2q5-3fa184912204e3b222d984a3ea0c6eb4 hr-default  avia-builder-el-10  el_after_av_one_fourth  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,6],"tags":[],"class_list":["post-4653","post","type-post","status-publish","format-standard","hentry","category-39","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sperry Mitchell Advises Glass Egg Digital Media on its sale to Virtuos - Sperry, Mitchell &amp; 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