Electronic Arts has announced that it will be acquired by an investor consortium consisting of Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners in an all-cash transaction valued at approximately 55 billion dollars. The deal, revealed on September 29, 2025, marks the largest all-cash sponsor take-private investment in history.
Under the agreement, EA stockholders will receive 210 dollars per share in cash, representing a 25 percent premium over the company’s unaffected share price of 168.32 dollars as of September 25. The deal also surpasses EA’s previous all-time high share price of 179.01 dollars. PIF, which already holds a 9.9 percent stake in the company, will roll over its existing investment as part of the transaction.
The consortium brings extensive global experience across gaming, entertainment, and sports, with a goal of accelerating EA’s expansion into new markets and experiences. The transaction is expected to close in the first quarter of fiscal year 2027, pending regulatory and stockholder approvals. Following completion, EA will no longer be publicly traded, though it will remain headquartered in Redwood City, California, under the continued leadership of current CEO Andrew Wilson.
Wilson praised the acquisition as a recognition of EA’s teams and their contributions to the gaming industry. He emphasized that the deal will enable EA to continue pushing the boundaries of entertainment and technology. Leaders from PIF, Silver Lake, and Affinity Partners echoed this sentiment, citing the strength of EA’s portfolio, which includes globally recognized franchises such as EA Sports FC, Battlefield, Apex Legends, The Sims, Madden NFL, and Dragon Age.
The transaction will be financed through a mix of equity investments and debt. Approximately 36 billion dollars in equity will come from the consortium members, while 20 billion dollars in debt financing is being provided by JPMorgan Chase Bank. Advisors for the deal include Goldman Sachs for EA and J.P. Morgan Securities for the consortium, alongside several major legal firms representing each party.
