UFC Owner Endeavor Group to Sell Florida Sports School IMG Academy

Sports and media conglomerate Endeavor Group Holdings Inc. is selling one of its more unusual assets: IMG Academy, a for-profit boarding school in central Florida that trains the world’s most promising adolescent athletes.

Endeavor is selling the school to the private equity group BPEA EQT for an enterprise value of $1.25 billion, the company said. EQT plans to partner the school with its Nord Anglia Education portfolio company, which already operates several private schools.