Acquisition Alert: Silver Lake Snags Endeavor for $13 Billion in Blockbuster Deal!

New York, New York – Silver Lake, a private equity firm, has announced its acquisition of Endeavor Group Holdings, an entertainment company, for $27.50 per share. The deal, valued at $13 billion, will see Silver Lake purchase the remaining shares it does not already own. Endeavor’s stock saw a 2% increase following the announcement, trading just below $26 per share before the acquisition.

Endeavor, led by CEO Ariel Emanuel, is known for its work in talent representation through agency WME, brand licensing, and live events. Over the years, the company has undergone significant changes, including acquiring sports betting platform OpenBet in 2022 and selling IMG Academy in a $1.25 billion deal in 2023.

The transaction with Silver Lake is expected to close by the end of the first quarter of 2025. In a statement, Emanuel expressed confidence in the deal, believing it will maximize value for all Endeavor’s public stockholders. As a private company, Endeavor looks forward to unlocking and investing in growth opportunities ahead.

Silver Lake’s initial investment in Endeavor dates back to 2012 when it supported the company’s acquisition of UFC in 2016. Egon Durban and Stephen Evans from Silver Lake were members of Endeavor’s board before the acquisition. Additionally, Endeavor remains the majority owner of TKO Group Holdings, which owns UFC and WWE, with TKO continuing as a publicly traded entity.

Furthermore, Endeavor had previously announced its intention to explore strategic alternatives, including a possible sale. The acquisition by Silver Lake marks a significant milestone for both companies as they navigate the evolving landscape of the entertainment industry. With Silver Lake at the helm, Endeavor is poised to embark on a new chapter of growth and innovation.