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In 2003, Grousbeck together with his son Wyc Grousbeck, Steve Pagliuca, Robert Epstein, David Epstein, William P. Egan, and John Svenson, acquired the Boston Celtics through their company Boston Basketball Partners LLC for $360 million. [2] Grousbeck is credited with originating the concept of a search fund to make private equity investments in ...
Robert Epstein, Irving Grousbeck, Wycliffe Grousbeck and Stephen Pagliuca -- Boston Celtics: $850 Million. Owner since: 2002. ... Mandatory Credit: Photo by Str/EPA/Shutterstock (8133689f)Joe Tsai ...
Wyc Grousbeck, Stephen Pagliuca, H. Irving Grousbeck, David Bonderman, Jim Breyer, James Pallotta, Glenn Hutchins, Jonathan Lavine: Wyc Grousbeck [7] Boston Basketball Partners: 360 [8] 2002: Brooklyn Nets: Joe Tsai: Joe Tsai [9] J Tsai Sports 2,350 [10] 2019: Charlotte Hornets: Gabe Plotkin, Rick Schnall: Rick Schnall (rotate with Plotkin ...
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The franchise, which Forbes valued at $4.7 billion in 2023, was purchased by an investment group led by Grousbeck in 2002 for $360 million. The Celtics have won two championships and reached the ...
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In 2003, the Celtics were sold by owner Paul Gaston to Boston Basketball Partners L.L.C., [97] led by H. Irving Grousbeck, Wycliffe Grousbeck and Steve Pagliuca. The team made it back to the playoffs but were swept by the Nets in the second round, despite bringing Game 4 to double overtime. [ 98 ]
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