I had this same problem about a year ago when trying to start this game. The Visual C++ Redistributable has many different versions. Likewise, there are numerous dll files prefixed with either "MSVCR" and "MSVCP". In my case, I had multiple dll files missing including the one you mentioned. To resolve this issue, you will need to install the x86 and x64 versions of the visual c++ redistributable associated to these files. In my case, I had to install the 2012, 2013, and 2015-2022 versions to resolve the issues.
If the msvcr120 is the only one missing for you, you will need to install "Visual C++ Redistributable Packages for Visual Studio 2013" to fix your issue. Regardless of whether or not you have a 32-bit or 64-bit operating system, you will need to install the x86 and x64 versions. If the 2013 one doesn't work, find the other versions available and install the x86 and x64 versions of those.
Good luck and I hope this information helps.