Three years later, Chisholm co-founded the software-focused private equity firm Symphony Technology Group, and he became a shrewd dealmaker who found potential in flawed businesses. In one early transaction, he bought a struggling company that scraped data from UPC codes for about $100 million. Chisholm helped revive the business and sold it for nearly $1 billion about six years later. According to industry sources, there had been discussions within the Grousbeck family about selling in 2033. But the decision to divest sooner for estate and family-planning purposes was made in January by the family’s patriarch, 91-year-old Irv Grousbeck. Irv’s son, Wyc, who has been lead owner since the family purchased the team from Paul Gaston for $320 million in 2002, thought it was too soon.
Boston Globe
This article originally appeared on Hoops Hype: Grousbeck family originally discussed selling Celtics in 2033
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