Bruce Levenson was born October 1, 1949, and he was raised in Maryland. He obtained his Bachelor of Arts in Political Science in 1971 and and then went on to acquire his Juris Doctor from American University in 1976. While obtaining his law degree, he worked as a journalist for the Washington Star. He is married to Karen, and together they have three children, Scott, Brian, and Michael.
In 1977, Mr. Levenson and a partner formed United Communications Group (UCG), and he still is an owner of UCG. He and his partner began by printed the Oil Express which focused on the oil industry, and their company grew from there. It is a privately held company that specializes in information businesses. UCG is the owner of an app called GasBuddy that helps locate lower priced gas stations. They have offices in Boston, New Jersey, and Singapore and employee over 600 people. UCG is a very lucrative business.
Mr. Levenson was a founding member of TechTarget, a spin-off of UCG and an internet information provider. TechTarget is publicly traded. He was specially honored in 1997 for his work with UCG. He has been an adviser to many companies and on various businesses’ board of directors.
Mr. Levenson has been a generous benefactor to different charities. He has donated to the United State’s Holocaust Museum and has helped fund its outreach programs. He has also donated to other charitable organizations and supports Jewish causes, such as Birthright Israel and the Jewish Federation, among others.
Mr. Levenson was part owner in Atlanta Hawks LLC (formerly knows as Atlanta Spirit LLC) which owned NBA’s Atlanta Hawks and and its home, the Philips Arena. The group also owned the NHL’s Atlanta Thrashers, but they sold it in 2011. At that time, they also tried to sell the Atlanta Hawks, but the sale never happened. Goldman Sachs and Inner Circle Sports was retained to handle the sale of the Atlanta Hawks and the arena. The sale of the team and arena was first reported in September of 2014. Tony Ressler purchased the team for under $1 billion this year. Mr. Ressler is an owner of Ares Management, a private equity and investment firm.