Deals
Bain’s Pagliuca Buys Stake in Italian Soccer Team Atalanta
- Pagliuca, partners, buy 55% of holding that controls team
- Boston Celtic’s co-owner to become co-chairman of Atalanta
A football match Atalanta vs Cagliari in Bergamo.
Photographer: Miguel Medina/AFP/Getty Images
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Bain Capital’s Stephen Pagliuca will become co-chairman of the Italian soccer team Atalanta after leading a group of investors to buy a 55% stake in the company that controls the Serie A club.
Pagliuca, co-chairman of the Boston-based asset manager, and a group of unidentified investors, agreed with the Percassi family on a partnership aimed at boosting the team’s appeal outside of Europe, according to a statement. The family, which controls the team, will remain the single biggest investor in the club.