Endeavor sells IMG Academy for $1.25 billion to private equity firm.
TL;DR Summary
IMG Academy, the Florida boarding school known for training athletes in various sports, is being sold to private equity group BPEA EQT for $1.25 billion. The school will partner with Nord Anglia Education, which operates boarding schools across 33 countries, giving them access to IMG's sports curriculum. The deal is expected to provide IMG with more access to athletes from around the world.
- Prep sports powerhouse IMG Academy to be sold for $1.25 billion: What does it mean long term? The Athletic
- UFC Owner Endeavor Group to Sell Florida Sports School IMG Academy The Wall Street Journal
- Endeavor Sells IMG Academy to Private Equity Firm BPEA EQT for $1.25B Hollywood Reporter
- WWE Parent Company Endeavor Sells Sports Training School IMG Academy For $1.25 Billion Wrestling Inc.
- UFC owner Endeavor to sell sports school IMG Academy in $1.25 bln deal Reuters.com
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