IMG Academy Expands Portfolio with SportsRecruits Acquisition
Deal News | May 22, 2025 | Globenewswire
IMG Academy, based in Bradenton, Florida, has acquired SportsRecruits, a college sports recruiting service, in a move to expand its influence in the realm of athlete recruiting for college sports. This acquisition complements IMG Academy's existing NCSA College Recruiting services, creating a comprehensive platform that aids student-athletes and their families in navigating the complexities of college sports recruitment. The acquisition reflects IMG Academy's ongoing drive to offer foremost sports education and personal development services, both online and on-campus, to student-athletes globally. Following the acquisition, IMG has launched new programs, including on-campus sports and digital products like IMG Academy+ Essentials and IMG Academy Elevate, to broaden its educational and holistic offerings. This strategic growth is aligned with IMG Academy's mission to prepare student-athletes for college and beyond, harnessing sports as a transformative tool. Financial terms of the acquisition have not been publicly disclosed, but the strategic emphasis is on enhancing the support and preparations provided to student-athletes. This advancement not only broadens IMG's service offerings but also promises to reshape the college recruiting landscape by leveraging combined networks and technologies of IMG Academy and SportsRecruits.
Sectors
- Education and Training
- Sports and Recreation
- Technology
Geography
- United States – IMG Academy is located in Bradenton, Florida, and provides services across the United States, making this geography highly relevant.
Industry
- Education and Training – The article involves IMG Academy, an educational body providing sports education, which operates like a training institution for student-athletes.
- Sports and Recreation – The acquisition involves SportsRecruits, which focuses on college sports recruiting, indicating a strong link to the sports sector.
- Technology – IMG Academy's integration of digital products like IMG Academy+ Essentials and IMG Academy Elevate highlights technological advancements in sports education.
Financials
- Not Disclosed – The terms of the acquisition deal between IMG Academy and SportsRecruits were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IMG Academy | Acquirer | Company | IMG Academy is a leading sports education brand that focuses on holistic development and college recruiting for student-athletes. |
| SportsRecruits | Target | Company | SportsRecruits is a college sports recruiting service aimed at connecting student-athletes and their families with college opportunities. |
| Brent Richard | CEO of IMG Academy | Person | Brent Richard is the CEO of IMG Academy, and is discussing the strategic rationale behind acquisitions and new offerings. |
| Chris Meade | CEO & Co-Founder of SportsRecruits | Person | Chris Meade is the CEO and Co-Founder of SportsRecruits, expressing optimism about the influence of the acquisition on their existing mission. |
| Rick McDole | COO of IMG Academy Online | Person | Rick McDole is the COO of IMG Academy Online, heralding the synergies of combining NCSA and SportsRecruits. |