Endeavor Group Holdings Inc. the Los Angeles-based entertainment powerhouse, said Tuesday it has agreed to sell its IMG Academy to BPEA EQT in partnership...
Endeavor Group Holdings Inc. EDR, the Los Angeles-based entertainment powerhouse, said Tuesday it has agreed to sell its IMG Academy to BPEA EQT in partnership with Nord Anglia Education for $1.25 billion.
is a unit of private-equity firm EZT. The all-cash deal is expected to close in the third quarter. IMG Academy is based in Bradenton, Florida, and was founded in 1978 as the Bollettieri Tennis Academy. IMG acquired it in 1987 and has added golf, soccer, baseball, basketball, football, lacrosse, track & field and volleyball over the years. The academy offers a full sports education via a boarding school, sports... Endeavor Group Holdings Inc.
is a unit of private-equity firm EZT. The all-cash deal is expected to close in the third quarter. IMG Academy is based in Bradenton, Florida, and was founded in 1978 as the Bollettieri Tennis Academy. IMG acquired it in 1987 and has added golf, soccer, baseball, basketball, football, lacrosse, track & field and volleyball over the years. The academy offers a full sports education via a boarding school, sports camps, online coaching and online college recruiting.
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