Teamshares (Nasdaq: TMS), a tech-enabled acquiror of small and medium-sized enterprises, began trading publicly on Nasdaq on June 23, 2026. The company went public to secure additional financing options for expanding its business acquisition model. Teamshares positions itself as the market-leading acquiror of businesses from retiring owners, having grown to 93 businesses since 2020, and operates with a platform that sources 75,000 actively for-sale businesses per year while integrating employee stock ownership across its portfolio companies.
Michael Brown, cofounder and CEO of Teamshares, stated the company is "proud to be the market leader in buying businesses from retiring owners" and noted that going public "provides us with additional financing options to expand our model to thousands of great companies over time."
Teamshares Operates 93 Businesses Across 40 Industries
Teamshares has expanded to 93 businesses since its founding in 2019. The company operates subsidiaries with consolidated revenue of $490 million across over 40 industries and 30 states. Alex Eu, cofounder and President, described the Teamshares platform as "built and working to repeatedly transition and grow successful businesses," attributing performance to "qualified leaders, financial infrastructure, and shareholder alignment through employee stock ownership."
Kevin Shiiba, cofounder and CTO, explained that the company's software and artificial intelligence operate "across underwriting, operations, and financial oversight, compounding with every transaction." The platform sources 75,000 actively for-sale businesses per year, with each acquisition strengthening the company's proprietary dataset.
T Rowe Price Anchors $126.5M Equity Investment
T Rowe Price Investment Management anchored a $126.5 million equity investment in Teamshares. The investment structure was disclosed in conjunction with the company's public listing on Nasdaq under the ticker symbol TMS.
Teamshares Targets Businesses With $0.5M to $5M EBITDA
Teamshares programmatically acquires companies with $0.5 million to $5 million of EBITDA from retiring owners. The company integrates acquired businesses with the Teamshares platform and implements employee stock ownership structures. The business model combines holding company operations with financial technology infrastructure, positioning Teamshares as what the company describes as "a permanent home when owners retire."
FAQ
What did Teamshares do on June 23, 2026?
Teamshares began trading publicly on Nasdaq under the ticker symbol TMS on June 23, 2026. The company went public to provide additional financing options for expanding its business acquisition model.
How many businesses does Teamshares operate?
Teamshares operates 93 businesses as of June 23, 2026, having grown from its 2019 founding. The company's subsidiaries generate consolidated revenue of $490 million across over 40 industries and 30 states.
What size businesses does Teamshares acquire?
Teamshares acquires companies with $0.5 million to $5 million of EBITDA from retiring owners. The company's platform sources 75,000 actively for-sale businesses per year and integrates acquired companies with employee stock ownership structures.
