EA is being acquired by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners for $55bn.
The company will now be taken private in what EA says is the “largest all-cash take-private investment in history”.
Stockholders will receive $210 per share in cash, representing a 25% premium to the unaffected share price. The all-cash transaction values EA at $55bn.
The transaction is expected to close in Q1 FY27 and is subject to customary closing conditions. Following the close of the transaction, EA’s common stock will no longer be listed on any public market. Andrew Wilson will remain as CEO.
A statement from the company reads: “PIF, Silver Lake, and Affinity Partners bring deep sector experience, committed capital, and global portfolios with networks across gaming, entertainment, and sports that offer unique possibilities for EA to blend physical and digital experiences, enhance fan engagement, and create new growth opportunities.”
EA chairman and CEO Andrew Wilson said: “Our creative and passionate teams at EA have delivered extraordinary experiences for hundreds of millions of fans, built some of the world’s most iconic IP, and created significant value for our business. This moment is a powerful recognition of their remarkable work.”
He continued: “Looking ahead, we will continue to push the boundaries of entertainment, sports, and technology, unlocking new opportunities. Together with our partners, we will create transformative experiences to inspire generations to come. I am more energized than ever about the future we are building.”
Deputy governor and head of international investments at PIF Turqi Alnowaiser added: “PIF is uniquely positioned in the global gaming and esports sectors, building and supporting ecosystems that connect fans, developers, and IP creators.”
He continued: “PIF has demonstrated a strong commitment to these sectors, and this partnership will help further drive EA’s long-term growth, while fueling innovation within the industry on a global scale.”
Silver Lake Co-CEO and managing partner Egon Durban continued: “EA is a special company: a global leader in interactive entertainment, anchored by its premier sports franchise, with accelerating revenue growth and strong and scaling free cash flow. We are honored to invest and partner with Andrew – an extraordinary CEO who has doubled revenue, nearly tripled EBITDA, and driven a fivefold increase in market cap during his tenure.”
CEO of Affinity Partners Jared Kushner added: “Electronic Arts is an extraordinary company with a world-class management team and a bold vision for the future. I’ve admired their ability to create iconic, lasting experiences, and as someone who grew up playing their games – and now enjoys them with his kids – I couldn’t be more excited about what’s ahead.”
