Carlyle agrees to sell Disguise to Yamaha
CG•Carlyle has agreed to sell London-based visual technology provider Disguise to Yamaha Corporation, with the transaction expected to close in December 2026. Since Carlyle’s 2021 investment, Disguise has more than tripled revenue and substantially increased EBITDA margins.
1. Transaction details
Carlyle has agreed to sell Disguise, a London-based visual technology provider, to Yamaha Corporation. The transaction is expected to close in December 2026.
2. Disguise growth
Since Carlyle invested in 2021, Disguise has more than tripled revenue and substantially increased EBITDA margins. It expanded into virtual production, broadcasting and location-based experiences, supported by four acquisitions.
