Offer from Bill Chisholm, Founding Partner of STG, to the Boston Celtics - Bloomberg

Investing.com -- According to Bloomberg News, citing sources close to the matter, the prominent NBA team Boston Celtics has received an offer from a consortium that includes Bill Chisholm, the founding partner of STG Partners. Chisholm, who serves as the managing partner and investment director at STG, is recognized for his significant contributions to the private equity firm. STG Partners is particularly known for its investments in software and other technology businesses.

An unnamed source revealed that the consortium making the offer for the Boston Celtics is collaborating with Goldman Sachs Group Inc. Chisholm's STG made headlines in 2023 by closing its seventh and largest fund at a total value of $4.2 billion, showcasing the firm's substantial financial capacity and potential for making significant investments like the bid for the Boston Celtics.