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Announced

BPEA-backed Nord Anglia Education to acquire IMG Academy from Endeavor for $1.25bn.

Financials

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Transaction Value£1,003m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Cross Border

Majority

Education Services

education

Private Equity

Friendly

sports

athlete development

United States

Private

Acquisition

Single Bidder

Synopsis

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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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