PIF, Silver Lake, and Affinity Partners are set to acquire Electronic Arts (EA) in a $55 billion agreement, becoming the largest all-cash sponsor take-private acquisition in history.
This all-cash transaction should help EA continue executing its vision of innovation and growing the industry.
PIF, Silver Lake, and Affinity Partners will have 100% of EA stock (PIF previously held a 9.9% stake in EA). EA stockholders will be compensated for their shares at $210 per share. This price for stockholders is roughly 25% higher than EA’s all-time high, which was $179.01 (August 14, 2025), and higher than the last market date, which was $168.32 (September 25, 2025).
The acquisition is expected to close in Q1 of 2027’s fiscal year. For Electronic Arts, Q1 of a fiscal year begins in April. After the deal is finished, EA will no longer have stock on the public market.
Between PIF, Silver Lake, and Affinity Partners, there’s experience in not just the gaming and entertainment industries, but the sports industry as well. This experience should help EA at a global level, with physical and digital experiences, along with more fan engagement.
Andrew Wilson, Charmain and CEO of Electronic Arts, commented on the acquisition and what it means for the future of the company:
“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. 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.”
Turqi Alnowaiser, Deputy Governor and Head of International Investments at PIF, spoke about how PIF can help EA:
“PIF is uniquely positioned in the global gaming and esports sectors, building and supporting ecosystems that connect fans, developers, and IP creators. 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.”
Egon Durban, Co-CEO and Managing Partner of Silver Lake, also spoke about the acquisition:
“This investment embodies Silver Lake’s mission to partner with exceptional management teams at the highest quality companies. 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.
The future for EA is bright, we are going to invest heavily to grow the business and we are excited to support Andrew and the EA team as the company accelerates innovation, expands its reach worldwide, and continues to deliver incredible experiences to players and fans across generations
Jared Kushner, Chief Executive Officer of Affinity Partners, shared what the acquisition means to him personally:
“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.”
And last but not least, Luis A. Ubiñas, Lead Independent Director of EA’s Board of Directors, spoke about the excitement over the deal:
“The Board carefully evaluated this opportunity and concluded it delivers compelling value for stockholders and is in the best interests of all stakeholders. We are pleased that this transaction delivers immediate and certain cash value to our stockholders while strengthening EA’s ability to continue building the communities and experiences that define the future of entertainment.”
For more industry-related news, check out the latest financials from Bandai Namco and Square Enix.
