Who is Bill Chisholm, the new majority owner of the Boston Celtics?
Who is Bill Chisholm, the new majority owner of the Boston Celtics?. William Chisholm Discusses His Plans For Celtics After Record Purchase. Chisholm, co-founder of the private equity firm Symphony Technology Group (STG), brings a wealth of business acumen to the Celtics. STG, known for its investments in software and technology sectors, raised
4.2 billion in 2023 and currently manages over 4.2billionin 2023 and currently managesover10 billion in assets, as reported by Investing.com. A native of Georgetown, Massachusetts, Chisholm is a Dartmouth College alumnus and holds an MBA from the University of Pennsylvania’s Wharton School, one of the world’s most prestigious business programs.
Chisholm praised the current leadership, including outgoing owner Wyc Grousbeck, president of basketball operations Brad Stevens, and head coach Joe Mazzulla, for their exceptional stewardship of the franchise.
Looking ahead, Chisholm emphasized his commitment to sustaining the Celtics’ winning tradition. “My approach is simple: win and raise banners. That’s the goal, both in the near term and long term. I’ve had productive discussions with Brad, and we’re aligned on extending this team’s championship window.
With Chisholm at the helm, the Celtics are poised to build on their storied legacy while pursuing future success on and off the court.
The Boston Celtics made history on Thursday with a record-breaking $6.1 billion sale, marking the highest valuation ever for a North American sports franchise. This monumental transaction signals a new era for the storied NBA team, as the Grousbeck family, the current majority owners, pass the torch after a highly successful tenure that culminated in last season’s NBA championship.
Leading the new ownership group is William Chisholm, managing partner of the private equity firm Symphony Technology Group. The purchase, which is pending approval by the NBA’s board of governors, also includes a consortium of prominent investors. Among them are current Celtics minority owner and business executive Rob Hale,
Who is Bill Chisholm?
Bill Chisholm is the co-founder of Symphony Technology Group (STG), a Menlo Park, California-based private equity firm where he serves as Chief Investment Officer and Managing Partner. In this role, he directs the firm’s investment strategies, with STG primarily focusing on the technology and software sectors.
Prior to founding STG, Chisholm co-founded The Valent Group and gained valuable experience through roles at Bain & Company and the former PaineWebber, Inc.
A distinguished academic, Chisholm holds a Bachelor of Arts from Dartmouth College and earned his Master of Business Administration with distinction from the Wharton School at the University of Pennsylvania.
