Gamers Stunned: Saudi-Backed Consortium Snaps Up EA in Record $55B Deal
Key Facts: A consortium led by Saudi Arabia’s Public Investment Fund, with private equity firm Silver Lake and Jared Kushner’s Affinity Partners, will take Electronic Arts private in an all-cash transaction valuing the company at roughly $55 billion. EA shareholders get $210 per share – about a 25% premium to the pre-announcement stock price apnews.com ir.ea.com. Including debt, it is the largest leveraged buyout of a public tech company on record apnews.com reuters.com. The deal was approved by EA’s board and is expected to close in Q1 FY2027, pending regulatory and shareholder approval apnews.com ir.ea.com. CEO Andrew Wilson will remain at the helm and EA will stay headquartered in Redwood City, California apnews.com ir.ea.com. On Sept. 29, 2025, EA and its buyers announced a definitive agreement. The consortium will pay $210 per EA share in cash, for an enterprise value ~$55 billion ir.ea.com reuters.com. This includes roughly $20B of EA debt, making it far and away the largest such leveraged buyout ever. By comparison, the TXU Energy buyout in 2007 was ~$32B and $45B apnews.com reuters.com. The Fox Business news wire described it bluntly as “the largest-ever leveraged buyout in history” foxbusiness.com.