Who Is the New Celtics Owner? William Chisholm Buys Boston NBA Team

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William “Bill” Chisholm is set to become the next owner of the Boston Celtics in the largest sale for a North American sports franchise. Chisholm led a group that will buy the team in a $6.1 billion deal, Sportico reported. 

“When we announced the sale of the team last July, we noted how important it was to us that the next owner of the Celtics fully appreciated what this team means to the city it represents and its fans far and wide,” current owners Irving and Wyc Grousbeck said in a letter to investors Thursday. “We know that Bill does (quiz him on Celtics trivia if you want to be sure).”

Wyc Grousbeck will stay on as CEO and Governor, overseeing team operations through the 2027-2028 NBA season. 

Here’s a quick rundown of what to know about Chisholm, the man set to become the new Celtics owner, pending league approval.

Who is Bill Chisholm?

Chisholm was born and raised in Georgetown, Mass., 30 miles north of Boston. He played soccer at Dartmouth from 1988 to 1991 and then studied at Penn’s Wharton School, joining Bain & Company in 1996.

As an investor, Chisholm is the hands-on manager of Menlo Park, Calif.-based Symphony Technology Group (STG), a private equity firm with roughly $10 billion in assets under management that focuses on developing software businesses. Prior to starting STG in 2002, he also co-founded The Valent Group. Chisholm owns about a quarter of STG with cofounder Romesh Wadhwani holding the rest, according to a 2024 regulatory filing.

The Chisholm family has primarily lived in the San Francisco Bay Area, and they have been active in supporting type 1 diabetes research through leadership positions on the local board of Breakthrough T1D, formerly called the Juvenile Diabetes Research Foundation (JDRF). Bill’s wife, Kimberly, is a published author who previously taught at Cal-Berkeley. She discusses literature on YouTube and in online classes.

They also have homes in the Northeast, with the intention of buying property in Boston, according to a report from The Boston Globe

What is Symphony Technology…

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Source link : https://www.sportico.com/personalities/owners/2025/boston-celtics-new-owner-william-chisholm-background-1234844036/

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Publish date : 2025-03-20 17:38:00

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