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Nord Anglia Education

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Endeavor sells IMG Academy for $1.25 billion to private equity firm.
sports2 years ago

Endeavor sells IMG Academy for $1.25 billion to private equity firm.

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 Group Sells IMG Academy for $1.25 Billion to Private Equity Firm EQT
business2 years ago

Endeavor Group Sells IMG Academy for $1.25 Billion to Private Equity Firm EQT

Endeavor Group Holdings has sold IMG Academy to a division of private equity firm EQT for $1.25 billion. The deal is expected to close in the third quarter. EQT is teaming up with Nord Anglia Education, one of the companies in its investment portfolio. IMG Academy operates a sports-focused boarding school, sports camps, online coaching, and online college recruiting, serving more than 100,000 sports-playing students.