Electronic Arts, the largest all-cash private equity purchase in history, announced on Monday that the company would be led by Saudi Arabia’s Public Investment Fund to acquire it for $55 billion.
Additionally, the consortium includes President Donald Trump’s son-in-law and former White House advisor Jared Kushner, both of whom are US investors Silver Lake and Affinity Partners.
In a statement, EA Chairman and CEO Andrew Wilson said, “This moment is a powerful recognition of their remarkable work,” adding that the agreement would help “unlock new opportunities on a global stage.”
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In its most recent fiscal year, EA reported revenue of $7.5 billion, including Madden NFL, The Sims, and Battlefield, a well-known franchise.
Early 2026 is when the acquisition is scheduled to close, and EA shareholders and regulatory bodies must approve the deal.
PIF, which already owns a 9.9% stake in EA, will carry over its previous investment as part of the deal.
The consortium’s members will have approximately $36 billion in equity and JPMorgan Chase will have about $20 billion in debt as collateral for the transaction.
Under Wilson’s continued leadership, EA will be delisted from the Nasdaq stock exchange and have its headquarters in Redwood City, California.
As Saudi Arabia seeks to diversify its economy beyond oil revenues, PIF’s latest major investment in the gaming industry is the deal.
Source: Channels TV
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