All articles tagged with #bpea eqt
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.
Endeavor has agreed to sell its sports education business, IMG Academy, to private equity firm BPEA EQT for $1.25 billion. IMG Academy's assets include a campus in Florida, sports camps worldwide, and online coaching and college recruiting businesses. The academy is expected to partner with Nord Anglia Education, a portfolio company of EQT. IMG Academy's executive team will remain in their roles following the sale.
Endeavor Group Holdings is selling IMG Academy, a for-profit boarding school in Florida that trains adolescent athletes, to private equity group BPEA EQT for $1.25 billion. EQT plans to partner the school with its Nord Anglia Education portfolio company, which already operates several private schools.