EA to be acquired by PIF, Silver Lake, Affinity in $55 billion deal

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Electronic Arts (EA) announced it will be acquired by a consortium comprising Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners in an all-cash transaction valuing the gaming giant at $55 billion.

Under the agreement, the consortium will purchase 100% of EA, with PIF rolling over its existing 9.9% stake. EA stockholders will receive $210 per share in cash. The deal represents the largest sponsor-led take-private investment to date.

Andrew Wilson, EA’s chairman and CEO, said the transaction will allow the company to “push the boundaries of entertainment, sports, and technology” while accelerating growth. EA will remain headquartered in Redwood City, California, with Wilson continuing as CEO.

The consortium emphasized the strategic rationale:

• PIF sees the deal as strengthening its global gaming and esports portfolio.

• Silver Lake pointed to EA’s robust sports franchises and strong cash flows.

• Affinity Partners CEO Jared Kushner highlighted EA’s cultural impact and personal resonance with gamers worldwide.

The transaction, approved unanimously by EA’s board, is expected to close in Q1 FY27 subject to shareholder and regulatory approvals. It will be funded by $36 billion in equity from the consortium and $20 billion in debt financing led by JPMorgan Chase.

Once completed, EA’s stock will be delisted from public markets. The acquisition signals deepening ties between global finance and the gaming industry, underscoring the scale of investment flowing into interactive entertainment.