Endeavor Enters Agreement to Sell IMG Academy to BPEA EQT, in Partnership With Nord Anglia Education, for $1.25 Billion

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Apr 25, 2023

Endeavor Group Holdings, Inc. (NYSE: EDR), a global sports and entertainment company, today announced it has entered into a definitive agreement to sell its subsidiary IMG Academy, a leading global sports education institution, to BPEA EQT, part of the leading global private equity group, EQT, in partnership with Nord Anglia Education. The all-cash deal reflects an enterprise value of $1.25 billion. The two companies anticipate the deal will close in the third quarter of this year.