A cash-strapped local authority has failed to sell its flashy private registration plate – despite promising to make money off it.
25.04.2023 - 14:11 / deadline.com
Endeavor Group Holdings has sold sports educational institution IMG Academy to a division of private equity firm EQT.
BPEA EQT is teaming on the deal with Nord Anglia Education, one of the companies in its investment portfolio. The parties expect the all-cash transaction, with an enterprise value of $1.25 billion, to close in the third quarter.
BPEA EQT has investments in education, healthcare, and technology in North America, Europe and the Asia-Pacific region. Nord Anglia Education operates 82 international schools with a population of more than 75,000 students in 33 countries and has ties with academic organizations including MIT and Juilliard to provide specialized curricula for students.
Headquartered in Bradenton, FL, IMG Academy was founded in 1978 as the Nick Bollettieri Tennis Academy. IMG acquired it in 1987, and subsequently added sports like golf, soccer, baseball, basketball, football, lacrosse, track & field and volleyball. After acquiring IMG in 2014, Endeavors has expanded the academy’s on-campus and online offerings.
Today, IMG Academy operates a sports-focused boarding school, sports camps, online coaching, and online college recruiting, serving more than 100,000 sports-playing students. More than 30,000 IMG students earned places on college sports rosters in 2022.
“Our purpose is to empower student-athletes to win their future, preparing them for college and for life,” IMG Academy President Brent Richard said in a press release. “BPEA EQT and Nord Anglia are ideal partners to achieve and accelerate those goals, and we are excited for that future.”
Endeavor President and COO Mark Shapiro said the academy “is in a category of one for its combination of elite athletics and academics” and said it is in
A cash-strapped local authority has failed to sell its flashy private registration plate – despite promising to make money off it.
Jimmie Allen has been sued for sexual assault and abuse by a former member of his management team.The plaintiff, known as Jane Doe to protect her identity, alleges that when she was employed by Allen’s music company, Allen raped her and repeatedly subjected her to sexual abuse and harassment over a period of 18 months (as per Variety).Across two conversations with Variety, Doe claims she was manipulated and groomed by Allen into a sexually abusive and controlling relationship. Doe is now suing Allen, as well as her former employer, Wide Open Music and its founder, Ash Bowers.In the civil lawsuit against Allen, Bowers and Wide Open Music, filed in May 11 in Tennessee, Allen is being sued for “sexual battery, assault, false imprisonment, sex trafficking and emotional distress; Bowers and Wide Open Music are being sued for gross negligence and participating in a venture engaged in sex trafficking, among other counts,” as per Variety.In a statement to Variety, Allen denies the accusations and claims he had a consensual sexual relationship with his day-to-day manager.“It is deeply troubling and hurtful that someone I counted as one of my closest friends, colleagues and confidants would make allegations that have no truth to them whatsoever,” the musician said in a statement.“I acknowledge that we had a sexual relationship — one that lasted for nearly two years.
Kendall Jenner and Bad Bunny are putting their romance on display!
Jimmie Allen has been dropped by his music label and he's been yanked from the upcoming CMA Fest lineup. The moves come just hours after Allen was accused of rape, sexual abuse and harassment in a lawsuit filed by a woman Thursday in Tennessee federal court.In a statement to ET, a spokesperson for BBR Music Group confirmed severing ties with Allen.
Kendall Jenner and Bad Bunny may actually have some “long-term potential.”
A 25-year-old woman who previously worked as Jimmie Allen’s day-to-day manager is suing the country singer for alleged sexual abuse that lasted for a year and half while she was working with him. Allen has denied the allegations, saying he intends "to mount a vigorous defense to her claims." The lawsuit was filed in Tennessee federal court on Thursday, claiming the "Don’t You Wanna Know" singer "manipulated and used his power over Plaintiff’s job to sexually harass and abuse her," according to court documents obtained by Fox News Digital. After sexually harassing the plaintiff – known only as Jane Doe – for nearly a year, Allen raped her following a dinner they attended after the taping of an "American Idol" episode in March 2021, the documents allege.
Chris Willman Senior Music Writer and Chief Music Critic Country star Jimmie Allen’s label, BBR Music Group, has suspended him, following a lawsuit from an ex-manager alleging that he sexually assaulted her over a period of a year and a half working with him, and an investigative story in Variety expanding on the woman’s allegations. “In light of today’s allegations against Jimmie Allen, BBR Music Group has decided to suspend all activity with him, effective immediately,” said a statement from the label. Other action has been swift. Allen has been dropped as the commencement speaker for tomorrow’s Delaware State University’s 2023 graduation. A press release from the university said that Allen, a Delaware native, had been replaced as commencement speaker by congresswoman Lisa Blunt Rochester.
Jimmie Allen has been dropped by his music label and he's been yanked from the upcoming CMA Fest lineup. The moves come just hours after Allen was accused of rape, sexual abuse and harassment in a lawsuit filed by a woman Thursday in Tennessee federal court.In a statement to ET, a spokesperson for BBR Music Group confirmed severing ties with Allen.
Jimmie Allen claiming he raped her and repeatedly subjected her to sexual abuse and harassment over the course of 18 months as his day-to-day manager.In a report published Thursday by, the 37-year-old country crooner is accused of assaulting the woman, groping her breasts on a plane, pushing his erect penis against her body in public, masturbating in front of her at a hotel they both were staying at and forced his fingers into her vagina when she drove him to events.The woman, who filed the lawsuit Thursday in Tennessee federal court and is identified only as «Jane Doe,» tells that during a work trip to Los Angeles in March 2021, Allen allegedly raped her following his appearance as a celebrity guest on. She claims that following a business dinner after that taping, she woke up naked in her hotel room in severe pain and bleeding vaginally.
Cynthia Littleton Business Editor Endeavor has big financial plans for the rest of the year as the company announced Tuesday it will declare its first dividend and begin its first stock buyback program as it awaits its acquisition of WWE and sale of IMG Academy. Endeavor delivered solid first quarter results on Tuesday, powered by growth in its owned sports properties unit which is about to grow substantially as Endeavor closes its $21 billion takeover of WWE later this year. Endeavor’s events and experiences unit also was in positive territory for the quarter. But the hangover of the January 2022 sale of the Endeavor Content production unit put a dent in the representation unit’s quarterly numbers.
Marking the first time in 70 years that it hasn’t been totally owned within the family, The Gersh Agency has sold a 45% stake to New York-based private equity firm Crestview Partners.
Julia Louis-Dreyfus is opening up about a painful moment in her life. During the most recent episode of Lemonada Media's , the 62-year-old podcast host revealed that she suffered a pregnancy loss when she was 28.Louis-Dreyfus married Brad Hall in 1987. Two years later, came her first pregnancy.«When I was about 28, I got pregnant for the first time and I was crazy happy,» she recalled.
EXCLUSIVE: Just ahead of the premiere of Shea Serrano’s upcoming comedy Primo on Amazon Freevee, Serrano is expanding his relationship with Amazon Studios, the studio behind the series. The bestselling author, screenwriter and podcaster has signed an overall television deal with Amazon Studios, and a first-look podcast pact with Amazon’s Wondery.
Jennifer Maas TV Business Writer Endeavor has struck a deal to sell Florida-based sports education institution IMG Academy to private equity firm BPEA EQT for $1.25 billion. The all-cash transaction, done in partnership with Nord Anglia Education, is expected to close in Q3. Located in Bradenton, Florida, IMG Academy was founded in 1978 as the Nick Bollettieri Tennis Academy. The academy was purchased by IMG in 1987 and eventually expanded its offerings to include golf, soccer, baseball, basketball, football, lacrosse, track & field and volleyball. Endeavor acquired IMG in 2014, with ownership of IMG Academy included as part of that deal.
Endeavor Group Holdings is selling global sports education institution IMG Academy to BPEA EQT, a unit of private equity firm EQT, in an all-cash deal valued at $1.25 billion. The transaction, which is expected to close in the third quarter of 2023, will see Endeavor partner with BPEA EQT’s portfolio company Nord Anglia Education, which operates some of the world’s leading premium international schools.
Amanda Peet has her friends by her side at the premiere of her Paramount+ show Fatal Attraction at the SilverScreen Theater on Monday night (April 24) in West Hollywood, Calif.
Long before Soho House had set its sights on Manchester, there was an exclusive private members club that would go on to change the city's social scene. The Circle club launched in 2001 in the basement of the Barton Arcade on Deansgate and fast became the place that everyone wanted to see and be seen.
Jimmie Allen is sharing two pieces of news with fans. On Friday, the 37-year-old country singer took to Instagram to announce that he and his wife, Alexis Gale, are separating, and additionally revealed that she’s pregnant with their third child.
Jimmie Allen is sharing two pieces of news with fans. On Friday, the 37-year-old country singer took to Instagram to announce that he and his wife, Alexis Gale, are separating, and additionally revealed that she's pregnant with their third child.«After much thought and reflection in recent months, Lex & I have made the decision to separate,» Allen began.