Electronic Arts (EA) agreed on Sept. 29 to be acquired in a record-breaking $55 billion leveraged buyout by a group led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake Partners, and Affinity Partners at $210 per share, marking the largest private equity-funded acquisition in history and a defining moment for consolidation in gaming. With EA shares already trading near the offer after surging more than 16% over the last five days, attention is shifting to other opportunities in the space.
The global gaming market is expected to reach $520 billion in revenue for 2025, with projections to hit $730 billion by 2030, which keeps dealmaking and potential targets in the spotlight. In this backdrop, Take-Two Interactive (TTWO) stands out. The stock recently hit a record high of $261.47 and carries a “Strong Buy” rating from analysts. The company also topped expectations in its first-quarter fiscal 2026 print, delivering Q1 net bookings of $1.42 billion versus the $1.32 billion consensus.
