Gaming company Electronic Arts (EA) is being taken private in the largest ever leveraged buyout of $55 billion by Saudi Arabia’s Public Investment Fund (PIF), Jared Kushner’s Affinity Partners, and private equity firm Silver Lake. This could reshape EA's major game franchises, test whether private equity can succeed in a space usually dominated by tech giants, and influence the future of the gaming industry.
Electronic Arts (EA), the gaming powerhouse behind Madden NFL, EA Sports FC, The Sims, and Battlefield, is set to be taken private in the largest ever $55 billion leveraged buyout. For context, EA pulled in about $7.5 billion in revenue last year, a...
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