Press Release October 21, 2019

Boston Celtics Acquire Maine Red Claws

The Private Equity team advised Celtics Development, LLC on the completion of its acquisition of substantially all of the assets of Maine Basketball LLC, the Maine Red Claws.

Founded in 1946, the Celtics are an American professional basketball team based in Boston, Massachusetts. The team has been in the National Basketball Association (NBA) for over 7 decades, winning 17 NBA Championships.

Founded in 2009, the Red Claws are a professional basketball team in the NBA G League based in Portland, Maine, whose sole NBA affiliate is the Boston Celtics.

The Goodwin team was led by partners Jon Herzog and Andy Lock and associate Brian Fleming.