Teamshares Inc (TMS)

Teamshares is a tech-enabled acquiror of high-quality businesses, intending to be a permanent home for successful small- and medium-sized enterprises (SMEs). Part holdco, part fintech, Teamshares programmatically acquires companies with $0.5 to $5 million of EBITDA from retiring owners, integrates them with the Teamshares platform, and helps employees earn company stock. The Company’s acquisition-based business model aims to drive predictable, repeatable growth and scale through financial technology.

Teamshares’ software platform drives scale and efficiency across the entire company lifecycle. Its software helps source, underwrite, and close acquisitions efficiently and programmatically, and then provides standardized financial visibility for every company. Teamshares leverages AI to scale its proprietary platform and data-driven decision-making, with each acquisition contributing data that compounds the platform’s value over time.

Teamshares operates subsidiaries with consolidated revenue of over $400 million across over 40 industries and 30 states. Teamshares is a market leader in SME acquisitions, having built a scalable platform that combines centralized financial technology with decentralized, aligned leadership.

The Company analyzes thousands of these opportunities annually through its software, targeting retirement situations for companies with strong cash flow conversion. Teamshares’ average acquired company has been in operation for more than 35 years, demonstrating durability across economic cycles, with strong diversification across industries and geographies.

Existing investors in Teamshares include Collaborative Fund, Khosla Ventures, Inspired Capital, QED Investors, Spark Capital, Slow Ventures, and USV.

The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry. The Company’s management team is led by Richard Hendrix, its Chairman, Chief Executive Officer and the co-founder of Live Oak Merchant Partners (“Live Oak”), and Adam Fishman, its President, Chief Financial Officer, Director and a Managing Partner of Live Oak. The Board also includes Ashton Hudson, Jonathan Furer and Andrea Tarbox. Gary Wunderlich, Jr. will serve as a Senior Advisor.