Asian private equity firm BPEA EQT to buy IMG Academy for $1.25bn

All-cash deal for 'elite' Florida-based sports school expected to close in Q3

20230428 IMG Academy

IMG Academy offers student athletes development through boarding school, sports camps, virtual coaching and remote college recruiting. (Screenshot from IMG Academy's website)

PIMFHA CHAN, DealStreetAsia

BANGKOK -- Asian private equity major BPEA EQT and its portfolio company Nord Anglia Education have agreed to acquire Florida-based sports school IMG Academy for an enterprise value of $1.25 billion from NYSE-listed Endeavor Group.

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