The Boston Celtics now officially belong to Bill Chisholm. The investor group led by the Chisholm has completed its acquisition of the majority control of the franchise, the Celtics announced Tuesday.

The sale of the Boston Celtics was finalized on Tuesday, with private equity mogul Bill Chisholm taking over control of the NBA’s most-decorated franchise from a group led by Wyc Grousbeck that had owned them for more than two decades.

Further details of the Celtics sale, including more co-owners, were released by the team following approval from the NBA's Board of Governors.