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Overview
Teamshares is a platform that helps small businesses transition to employee ownership when owners retire. It buys retiring owners' businesses and gradually transfers stock to employees, starting with 10% equity and increasing to 80% over 20 years, to preserve business continuity and jobs. Revenue comes from profits of acquired businesses and from offering proprietary software, education, and financial products. The company differentiates itself by focusing on mission-driven leadership and long-term owner-to-employee equity transfers rather than traditional buyouts, aiming to redistribute stock wealth and strengthen local economies. Its goal is to redistribute $10 billion of stock wealth to hard-working Americans while keeping small businesses alive and employees financially invested in their work.
About Teamshares
Industries
Consulting
Enterprise Software
Financial Services
Education
Company Size
51-200
Company Stage
N/A
Total Funding
$771.3M
Headquarters
New York City, New York
Founded
2019
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Simplify's Take
What believers are saying
- Teamshares closed its Live Oak merger June 19, 2026, adding $126.5 million PIPE capital.
- Nasdaq trading began June 23, 2026, improving acquisition currency and visibility.
- Management targets $35 million to $40 million acquired EBITDA in 2026 and $100 million by 2027.
What critics are saying
- TMS disclosed substantial doubt in 2026 with $215.7 million debt due within twelve months.
- The i80 facility matures December 5, 2026, creating refinancing pressure before year-end.
- Employee ownership and SPAC disclosures invite securities class actions if growth or integrations disappoint.
What makes Teamshares unique
- Teamshares bought 90-plus SMEs by June 2026, building a repeatable succession engine.
- TMS combines acquisition financing, employee ownership, and cash-management software across 40-plus industries.
- MUIP backed Japan expansion in 2024, proving the model travels beyond America.
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Funding
Total Funding
$771.3M
Above
Industry Average
Funded Over
8 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Company Match
401(k) Retirement Plan
Profit Sharing
Paid Parental Leave
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -2%2 year growth
↑ 1%Teamshares will release its second quarter 2026 financial results before market open on 14 August 2026. Management will host a conference call at 8:30 EDT the same day to discuss the results. The company is a tech-enabled acquirer of small and medium-sized enterprises, acting as a permanent home for businesses when owners retire. Teamshares programmatically acquires companies with $0.5 million to $5 million of EBITDA from retiring owners, integrates them with its platform, and helps employees earn company stock. Founded in 2019, Teamshares operates subsidiaries with consolidated revenue of $490 million across over 40 industries and 30 states.
Teamshares, a tech-enabled acquirer of small and medium-sized enterprises, is preparing for a NASDAQ listing as it pursues a massive market opportunity in business succession planning. The company buys businesses with $500,000 to $5 million in EBITDA from retiring owners, operating as a consolidated company rather than an investment fund. CEO Michael Brown said Teamshares has acquired over 90 companies with approximately $500 million in consolidated revenue. The company plans to grow from $19 million EBITDA in 2025 to $100 million by 2027, capitalising on 4.5 million small businesses owned by baby boomers and Gen X requiring succession planning over the next 20 years. Teamshares achieved positive consolidated EBITDA in 2025. The public listing will provide faster, cheaper access to acquisition financing.
Teamshares, a tech-enabled acquirer of small-to-medium enterprises, completed four acquisitions in the fourth quarter of 2025 with combined last twelve-month EBITDA exceeding $15 million. The company acquired these businesses at an average EBITDA multiple of approximately 5.3x, maintaining its focus on disciplined capital allocation. The acquisitions align with Teamshares' strategy of targeting family enterprises with EBITDA between $0.5 million and $5 million. The company now operates over 90 subsidiaries across more than 40 industries, with average operating histories exceeding 35 years. Teamshares also closed approximately $30 million in interim financing in December 2025 through a credit facility with JBA Asset Management to fund working capital, acquisitions and general corporate purposes. The company is moving towards an anticipated Nasdaq listing in the second quarter of 2026 via business combination with Live Oak Acquisition Corp. V.
Teamshares Inc. (“Teamshares” or the “Company”), a tech-enabled acquiror of high-quality small-to-medium size enterprises (“SMEs”), and Live Oak Acquisition ...
Teamshares, a company that transitions small- to medium-sized businesses to employee ownership, is merging with Live Oak Acquisition Corp V, a SPAC backed by T. Rowe Price. The $746 million deal is expected to raise up to $333 million in gross proceeds, including a $126 million PIPE led by T. Rowe Price and other investors, plus cash from the SPAC's trust. Teamshares operates in 40 industries across 30 U.S. states.
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About Teamshares
Industries
Consulting
Enterprise Software
Financial Services
Education
Company Size
51-200
Company Stage
N/A
Total Funding
$771.3M
Headquarters
New York City, New York
Founded
2019
Teamshares is Hiring for 13 Jobs on Simplify!
Find jobs on Simplify and start your career today