Tim Pernetti, the President of IMG Academy, from the Nasdaq MarketSite Studios, talks with New to The Street’s TV Host Jane King about the organization’s sports educational platforms. As a leading sports education brand, IMG provides access and opportunities for student-athletes on-campus and online. The academy’s model focuses on holistic and intentional personal development through a suite of products. A 600-acre campus in Bradenton, Florida, offers over 1500 students a practical education beyond just classroom instruction. IMG Academy hosts numerous sports camps and college recruitment programs and has provided MLS (Major League Soccer), NFL, WNBA, and other sports teams’ facilities and training programs. The academy prides itself on a value proposition based on 4-core components: on-campus student life, academics, athletics, and personal development. IMG Academy’s online presence, IMG Academy+, helps student-athletes globally with various programs. Girls’ sports programs are an essential aspect of the IMG Academy curriculum, with new program offerings to inspire female athletes. Some of the most influential female athletes sit on IMG Academy’s “Women in Sports Committee,” providing leadership roles and advice to improve girls’ sports educational experiences. Offering girls more student loan packages has increased female enrollments and helps maintain retention rates. The efforts proved successful with new sports curricula like the women’s volleyball program. Before becoming President of IMG, Tim worked as an executive for the academy through his relationship with Endeavor Group Holdings, Inc. In 2020, during COVID, his passion became more evident, and he took on a direct role as president. The academy is always looking to improve the student experience; they engage employees, students, and parents to provide comprehensive suggestions that can significantly benefit all the educational platforms on campus and online. New facilities, sports programs, food services, and student life programs became realities based on those inputs shared with the academy’s leaders. The positive ongoings have increased student enrollment and overall student body retention. Endeavor Group Holdings, Inc. recently sold the IMG Academy to Hong Kong-based BPEA Equity (BPEA EQT), a private equity firm. BPEA EQT, in partnership with existing portfolio company Nord Anglia Education, can open IMG Academy’s sports educational programs to a larger global market. With strong leadership and a commitment to ensuring a unique sports educational experience, IGM Academy attracts some of the best student-athletes to help them excel in their life’s journey. The on-screen QR code is available during the show; download or visit IMG Academy – https://www.imgacademy.com/.
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