Endeavor Group 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 $1.25B. The two companies anticipate the deal will close in the third quarter of this year.
Published first on TheFly
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