Bruce Levenson | |
---|---|
Born |
Washington, D.C. |
October 1, 1949
Nationality | American |
Other names | Bruce D. Levenson |
Alma mater | |
Occupation |
|
Known for | Co-owner of the Atlanta Hawks |
Spouse(s) | Karen Boyarsky Levenson |
Children | three |
Bruce Levenson is an American businessman, former NBA team owner, and philanthropist. He was a co-owner of Atlanta Hawks, LLC (formerly Atlanta Spirit LLC), which owns and operates the Atlanta Hawks basketball team and Philips Arena. Levenson has also served as the Hawks' Governor on the NBA Board of Governors since 2004. Levenson co-founded United Communications Group (UCG) in 1977. He was a founding board member and is on the Board of Directors for the publicly traded TechTarget, an IT industry media company.
Bruce Levenson was born to a Jewish family in Washington, D.C. and grew up in Chevy Chase, Maryland. He later attended college at Washington University in St. Louis and graduated from law school at American University. While attending law school at night, Levenson began his journalism career at the Washington Star.
Levenson co-founded United Communications Group (UCG) with Ed Peskowitz in 1977. Based in Gaithersburg, Maryland, Levenson and Peskowitz started the company in Levenson's apartment, publishing a newsletter, Oil Express, focusing on developments in the oil industry. UCG acquired other newsletters and launched databases including Oil Price Information Service (OPIS). UCG is a privately held business information company that specializes in data, news and analysis for healthcare, energy, mortgage banking, technology, telecommunications and other industries. UCG also owns and operates GasBuddy, a mobile application that assists drivers in finding local low gas prices.
In 2004, Atlanta Spirit LLC, now known as Atlanta Hawks LLC, was formed to buy the Atlanta Hawks from Turner Broadcasting. Levenson and Ed Peskowitz are majority partners of Atlanta Hawks LLC, a group of businessmen who collectively own the Atlanta Hawks professional basketball team and Philips Arena. The purchase originally included the Atlanta Thrashers as well, but the group sold the NHL team in 2011. Levenson was the team's managing partner and a member of the NBA Board of Governors.