Silver Lake and Co-Investors Take Endeavor Private

Silver Lake Acquires Diamond Baseball Holdings from Endeavor

August 9, 2022

Media & Entertainment

Silver Lake is acquiring Diamond Baseball Holdings (DBH) from Endeavor. The private equity firm will partner with DBH leadership to invest in digital technologies and continue DBH's strategy to enhance fan, player and community experiences across its portfolio of Minor League Baseball clubs.

Mubadala Invests $2B in Silver Lake and Acquires Minority Stake

September 30, 2020

Financial Services

Mubadala Investment Company committed $2 billion to a new long-term investment strategy led by Silver Lake and acquired a minority equity interest in Silver Lake through a secondary transaction with Dyal Capital Partners. The multi-decade strategy will invest across structures, geographies and industries; terms of the equity purchase were not disclosed and Dyal will retain roughly half of its original investment.

Silver Lake and CPP Investments (with co-investors) Acquire Qualtrics

June 28, 2023

Cloud & SaaS

Silver Lake, in partnership with Canada Pension Plan Investment Board (CPP Investments) and several co-investors including Accel, BDT & MSD Partners and DFO Management, completed a transaction to take Qualtrics private in a deal valuing the company at approximately $12.5 billion. The investors acquired 100% of outstanding shares (including SAP’s majority stake) for $18.15 per share to support Qualtrics’ continued product and AI-driven growth as an independent, privately held enterprise cloud software platform.

Endeavor Acquires Full Ownership of On Location and Endeavor China

April 28, 2022

Media & Entertainment

Endeavor Group Holdings announced that On Location and Endeavor China are now wholly owned subsidiaries after subsidiary-level investors — including the NFL’s 32 Equity, Sequoia Capital China, Tencent, and affiliates of FountainVest — converted their subsidiary equity into equity in parent company Endeavor. The transactions are intended to fully integrate the businesses into Endeavor’s network to streamline management and create operational efficiencies across live events, hospitality and China-focused entertainment operations.

Silver Lake and GIC Acquire Zuora for $1.7 Billion

October 17, 2024

Cloud & SaaS

Silver Lake, in partnership with an affiliate of GIC, acquired Zuora, Inc. for $10.00 per share in a transaction valuing the company at approximately $1.7 billion; Zuora will become a privately held company. The deal, approved by Zuora stockholders, keeps Founder and CEO Tien Tzuo in place (he rolled over a majority of his ownership) and positions the company to pursue long‑term growth as a private business.

Mubadala Capital Acquires 42% Stake in Silver Rock Financial LP

December 6, 2024

Financial Services

Abu Dhabi-based Mubadala Capital acquired a 42% minority stake in U.S. private credit manager Silver Rock Financial LP through a mix of cash and Mubadala capital stock, with an option to increase to 50%. The deal brings Silver Rock principals and M‑Cor (the Milken family office) into Mubadala Capital’s asset management platform while preserving Silver Rock’s operational independence and management leadership; the transaction is expected to close by Q2 2025.