Announced
Financials
Sources
Tags
Pending
Cross Border
Majority
Education Services
education
Private Equity
Friendly
sports
athlete development
United States
Private
Acquisition
Single Bidder
Synopsis
BPEA-backed Nord Anglia Education, an education company, agreed to acquire IMG Academy, a sports education company, from Endeavor, a global sports and entertainment company, for $1.25bn. "Our purpose is to empower student-athletes to win their future, preparing them for college and for life. We are constantly trying to raise the bar in pursuit of that purpose through our on-campus and online experiences. Simultaneously, our staff is passionate about growing the impact we have on the world, reaching more families, and helping them on their journey. BPEA EQT and Nord Anglia are ideal partners to achieve and accelerate those goals, and we are excited for that future," Brent Richard, IMG Academy President.
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