Teamshares Begins Public Trading on Nasdaq

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Merger / DESPAC
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Teamshares Inc. Begins Public Trading on Nasdaq

New York, USA - Teamshares (Nasdaq: TMS), a tech-enabled holding company specializing in acquiring businesses from retiring owners, officially began trading on the Nasdaq today. The company, which functions as part holding company and part fintech platform, focuses on transitioning successful small and medium-sized enterprises (SMEs) while aligning employee interests through stock ownership.

The company's leadership highlighted the significance of the public listing. CEO Michael Brown stated that the move provides additional financing options to expand their model to thousands of companies. CTO Kevin Shiiba emphasized that the company's proprietary data and AI-driven software, which manages underwriting and operations, will accelerate as they integrate more businesses.

    Key Highlights

  • Tech-enabled holding company having grown to 93 businesses since 2020.
  • Focuses on acquiring businesses from retiring owners with $0.5 to $5 million of EBITDA.
  • Supported by a $126.5 million equity investment anchored by T. Rowe Price Investment Management.
  • Proprietary software sources approximately 75,000 businesses actively for sale each year.

About Teamshares Inc

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.

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