Endeavor to Sell IMG Academy to BPEA EQT for $1.25 Billion
Endeavor Group Holdings is selling global sports education institution IMG Academy to BPEA EQT, a unit of private equity firm EQT, in an all-cash deal valued at $1.25 billion. The transaction, which is expected to close in the third quarter of 2023, will see Endeavor partner with BPEA EQT’s portfolio company Nord Anglia Education, which operates some of the world’s leading premium international schools.