Silver Lake

• Cegid to Merge with Silae to Build an AI-Driven European Business Software Leader

  September 9, 2026

  Buyer

  Cegid, Silae, Silver Lake

  Target

  Cegid, Silae

  Industry

  Software

  Location

  France

  Type

  Buyout

  Cegid and Silae announced their intention to merge, creating a European leader in AI-driven, integrated business technology across accounting, tax, payroll, HR, e-invoicing, and digital financial services and payments. The combined platform is expected to close in the first half of 2027, subject to regulatory approval and consultation with employee representatives.

• Silver Lake in Talks to Acquire Workday

  August 14, 2026

  Buyer

  Silver Lake, Public Investment Fund

  Target

  Workday

  Industry

  Cloud & SaaS

  Location

  California, United States

  Type

  Buyout

  Private equity firm Silver Lake is reportedly in acquisition talks to take Workday private in what could be one of the largest software buyouts on record. Discussions are ongoing, and there is no guarantee a definitive transaction will be agreed.

• Oak-Eagle AcquireCo, Inc. (Consortium) to Acquire Electronic Arts (EA)

  March 11, 2026

  Buyer

  Oak-Eagle AcquireCo, Inc., The Public Investment Fund, Silver Lake, Affinity Partners

  Target

  Electronic Arts Inc.

  Industry

  Media & Entertainment

  Location

  California, United States

  Type

  Buyout

  Oak-Eagle AcquireCo, Inc. is conducting tender offers and consent solicitations tied to its pending acquisition of Electronic Arts Inc. The deal is structured through Oak-Eagle MergerCo, Inc., which will merge with and into Electronic Arts, with Electronic Arts surviving as a wholly-owned subsidiary of the Offeror.

• Saudi PIF Consortium Acquires Electronic Arts (EA) for $55B

  March 6, 2026

  Buyer

  Public Investment Fund (PIF), Silver Lake, Affinity Partners

  Target

  Electronic Arts (EA)

  Seller

  Electronic Arts shareholders (group of shareholders)

  Industry

  Media & Entertainment

  Location

  California, United States

  Type

  Buyout

  Electronic Arts (EA) was taken private in a $55 billion all-cash transaction led by Saudi Arabia’s Public Investment Fund (PIF), along with Silver Lake and Affinity Partners. The deal closed on August 4, 2026, with EA shareholders receiving $210 per share and EA delisted from Nasdaq.

• Oracle, Silver Lake and MGX Lead Majority-American Joint Venture to Operate TikTok US

  January 22, 2026

  Buyer

  Oracle, Silver Lake Management, MGX, Dell Family Office (DFO Management / Michael Dell), Alpha Wave Partners, Susquehanna International Group, General Atlantic, Revolution, Vastmere Strategic Investments, Merritt Way, Via Nova, Virgo LI, NJJ Capital, Affiliates of existing ByteDance investors

  Target

  TikTok USDS Joint Venture LLC (TikTok US operations)

  Seller

  ByteDance

  Industry

  Media & Entertainment

  Location

  California, United States

  Type

  Divestiture

  ByteDance has finalized a deal establishing TikTok USDS Joint Venture LLC, a majority American-owned entity that will secure U.S. user data, apps and the recommendation algorithm to avoid a nationwide ban. The joint venture is led by Oracle, private equity firm Silver Lake and Abu Dhabi-based MGX (each with 15%), with other U.S. and global investors participating while ByteDance retains a 19.9% stake.

• Kasa Acquires Mint House to Expand U.S. Footprint

  January 15, 2026

  Buyer

  Kasa, Silver Lake Waterman

  Target

  Mint House

  Seller

  Mint House shareholders (including Mohari Hospitality and Revolution Ventures)

  Industry

  Restaurants & Hospitality

  Location

  New York, United States

  Type

  Buyout

  Kasa has acquired Mint House in an all-equity transaction, integrating Mint House's portfolio (roughly 22 properties / nearly 1,000 residential hospitality units) into Kasa's platform to create the largest U.S. operator of apartment-style and traditional hotels. The deal follows a $40 million investment from Silver Lake Waterman backing Kasa and is intended to drive scale, cost efficiencies and improved commercial performance across distribution, revenue management and guest engagement.

• Silver Lake Acquires 51% of Altera From Intel

  September 15, 2025

  Buyer

  Silver Lake

  Target

  Altera Corporation

  Seller

  Intel Corporation

  Industry

  IT Services

  Location

  California, United States

  Type

  Buyout

  Silver Lake has completed its acquisition of a 51% stake in Altera from Intel for a deal valuing Altera at $8.75 billion. Intel retains a 49% stake, and the transaction establishes Altera as an independent, pure-play FPGA solutions provider to accelerate innovation and expand AI/edge and other end-market focus.

• Silver Lake Takes Endeavor Group Private

  March 24, 2025

  Buyer

  Silver Lake

  Target

  Endeavor Group Holdings, Inc.

  Industry

  Media & Entertainment

  Location

  California, United States

  Type

  Buyout

  Silver Lake, together with co-investors and in partnership with the Endeavor management team, completed its acquisition of Endeavor Group Holdings, taking the company private. Silver Lake and co-investors acquired 100% of the shares Endeavor did not already own, paying $27.50 per share in cash, with Endeavor’s stock ceasing to trade on the NYSE.

• Silver Lake and GIC Acquire Zuora for $1.7 Billion

  October 17, 2024

  Buyer

  Silver Lake, GIC (affiliate of GIC Pte. Ltd.)

  Target

  Zuora, Inc.

  Industry

  Cloud & SaaS

  Location

  California, United States

  Type

  Buyout

  Zuora, Inc. entered into a definitive agreement to be acquired by Silver Lake in partnership with GIC for $10.00 per share in cash, valuing the transaction at about $1.7 billion. The acquisition was completed in February 2025, and Zuora is no longer listed on the New York Stock Exchange.

• DigitalBridge and Silver Lake Lead $6.4B Equity Investment in Vantage Data Centers

  January 9, 2024

  Buyer

  DigitalBridge (investment vehicles managed by DigitalBridge Group, Inc.), Silver Lake, AustralianSuper

  Target

  Vantage Data Centers

  Industry

  Infrastructure

  Location

  Colorado, United States

  Type

  Growth capital

  Vantage Data Centers announced a $6.4 billion equity investment led by investment vehicles managed by DigitalBridge and Silver Lake to accelerate expansion across North America and EMEA. The capital — incremental to a recently announced €1.5 billion EMEA commitment from AustralianSuper — will fund development of hyperscale, energy-efficient data center capacity to meet rising cloud and AI demand; the transactions are expected to close in Q1 2024.

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

  June 28, 2023

  Buyer

  Silver Lake, Canada Pension Plan Investment Board (CPP Investments), Accel, BDT & MSD Partners, DFO Management (family investment office of Michael Dell)

  Target

  Qualtrics

  Seller

  SAP SE

  Industry

  Cloud & SaaS

  Location

  Utah, United States

  Type

  Buyout

  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.

• Silver Lake Invests in ProService as FFL Partners Exits

  May 22, 2023

  Buyer

  Silver Lake, ProService management team and employee owners

  Target

  ProService

  Seller

  FFL Partners

  Industry

  Staffing & HR

  Location

  Hawaii, United States

  Type

  Buyout

  Silver Lake has partnered with the ProService management team and employee owners to invest in ProService, a Hawaii‑headquartered provider of bundled HR and PEO services. The transaction represents FFL Partners' exit after a six‑year partnership during which ProService grew roughly 2.5x; Silver Lake will support expansion of the company's technology and insurance capabilities and broader market growth.

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