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Endeavor Group sells IMG Academy to BPEA EQT for $1.25B in all-cash deal.

1 min read
Source: Hollywood Reporter
Endeavor Group sells IMG Academy to BPEA EQT for $1.25B in all-cash deal.
Photo: Hollywood Reporter
TL;DR

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.

Topics:business#bpea-eqt#business#endeavor#img-academy#private-equity#sports-education
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  1. Endeavor Sells IMG Academy to Private Equity Firm BPEA EQT for $1.25B  Hollywood Reporter
  2. UFC Owner Endeavor Group to Sell Florida Sports School IMG Academy  The Wall Street Journal
  3. Endeavor Sells IMG Academy To Division Of Private Equity Firm EQT In All-Cash Deal Valued At $1.25 Billion  Deadline
  4. IMG Academy to be sold as part of of $1.25 billion deal by UFC, WWE ownership group Endeavor  CBS Sports
  5. UFC owner Endeavor to sell sports school IMG Academy in $1.25 bln deal  Reuters

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