Silver Lake to Acquire Endeavor Group for $13 Billion
The acquisition, marking a significant shift for the entertainment giant, sets a new course for Endeavor post-public market performance.
- Silver Lake has agreed to acquire entertainment and sports giant Endeavor Group Holdings, valuing the company at $13 billion.
- The acquisition represents a 55% premium over Endeavor's unaffected share price, with stockholders receiving $27.50 per share in cash.
- TKO Group Holdings, which includes UFC and WWE, is not part of the acquisition and will remain a publicly traded company.
- The deal, supported by additional investors including Mubadala and the Michael Dell family office, is expected to close by the end of the first quarter of 2025.
- Endeavor's strategic shift to privatization follows a mixed performance as a public company and aims to unlock further growth opportunities.