The NBA-champion Boston Celtics will soon have new ownership after a successful bid to buy the team from a group led by William Chisholm, a private equity executive, for $6.1 billion, according to a report from ESPN's Shams Charania.
If the deal goes through, it would be the largest total paid for a sports team in the United States.
So who is Bill Chisholm, the man behind this massive purchase of a leading NBA team from Wyc Grousbeck and his family?
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Who is Bill Chisholm?
Bill Chisholm is the managing partner of Symphony Technology Group, a private equity firm based in the San Francisco Bay area in California. Chisholm also serves as the company's chief investment officer.
Chisholm co-founded STG.
He graduated from Dartmouth College and received his masters from The Wharton School at the University of Pennsylvania, according to his official bio on the STG website.
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What is Symphony Technology Group?
STG invests in "market leaders across the mid-market software and software-enabled tech services landscape," according to the company's website. Some of the companies in STG's portfolio include RSA and SurveyMonkey.
Chisholm is a lifelong Celtics fan originally from Massachusetts, according to NBC10 Boston.
