IMG Academy, the Florida boarding school known for producing pro athletes, is being sold to the private equity group BPEA EQT for $1.25B, the school’s previous owner Endeavor announced Tuesday.
As part of the deal, IMG, which houses more than 1,400 students on its 400-acre campus each year, is, which operates 82 boarding schools across 33 countries, including some in Asia. Those schools will have access to IMG’s sports curriculum.
From an athletics standpoint, nothing is expected to change in terms of day-to-day operations and setup at IMG’s Bradenton, Fla., campus. “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,” Brent Richard, president of IMG Academy, said in a statement.
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