Florida powerhouse IMG Academy was sold for $1.25 billion

One of the best high school football and basketball schools in the country – and, in fact, almost all sports – has been sold.

According to a report by Derek Gilliam of the Herald-Tribune, IMG Academy in Bradenton, Fla., was sold by Endeavor Group Holdings to private equity group BPEA EQT for a total of $1.25 billion. Endeavor President Mark Shapiro says the school is in good hands.

IMG Academy’s Blue Cain celebrates a teammates dunk against Prolific Prep in the GEICO High School Nationals quarterfinal game at Suncoast Credit Union Arena.

“With Asia being the largest source of international students for IMG Academy, BPEA EQT sees strong potential to support the Company’s expansion in multiple markets in the region, including Singapore, India, Vietnam, Greater China and Indonesia,” EQT said in a release for news on Tuesday. “BPEA EQT plans to leverage its proven education sector expertise and experience of supporting the international growth of its existing portfolio company Nord Anglia Education over the past 15 years.”

IMG is a private, sports-oriented school that costs nearly $90,000 a year for tuition and board, according to the Wall Street Journal.

The annual Kickoff Classic, on newly renovated, upgraded bleachers and new LED lights at Joe Kinnan Field at Hawkins Stadium in Bradenton, on Friday, August 19, 2022. The Manatee Hurricanes won the game 30 to 21 over IMG Academy White (Ascenders).

Some of the nation’s top high school football players attend, including several members on our list of Top 100 footballers in the class of 2023. Theirs varsity team ranked #7 in our final Super 25 rankings of the year.

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