The sale of IMG's education business comes a decade after WME first acquired IMG.
The company got its start in 1978 as the Nick Bollettieri Tennis Academy before being acquired by IMG in 1987, and adding golf, basketball, baseball, football, and other sports to its roster.
“IMG Academy is in a category of one for its combination of elite athletics and academics, as well as its legacy of developing superstar competitors in the game of life,” said Mark Shapiro, president and COO of Endeavor, in a statement. “We’re proud to have been stewards of this institution, driving growth and innovation, as well as expanding its facilities and offerings. IMG Academy is in great hands for its next chapter with BPEA EQT.
“We are deeply impressed by IMG Academy’s unique offering and its world-class sports and wellbeing curriculum,” added Jack Hennessy, Partner and Co-Head of Education within BPEA EQT’s Advisory Team. “IMG Academy’s brand is globally recognized and we see compelling opportunities in supporting its international expansion, including Asia, and broadening its educational offering, leveraging BPEA EQT’s insights from having led Nord Anglia Education’s growth in the region.
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