Teamshares Debuts on Nasdaq with $126.5M Equity, 93 Acquired Businesses
TMS•Teamshares began trading on Nasdaq today, anchored by a $126.5 million equity investment led by T. Rowe Price and boasting consolidated revenue of $490 million across over 40 industries. Since 2020, the tech-enabled acquiror has grown its portfolio to 93 businesses and sources 75,000 for-sale firms annually.
1. Nasdaq Listing and Equity Raise
Teamshares began trading publicly on Nasdaq, anchored by a $126.5 million equity investment led by T. Rowe Price Investment Management to fund further acquisitions and platform development.
2. Acquisition Portfolio Growth
Since its founding in 2019, Teamshares has programmatically acquired 93 businesses with EBITDA between $0.5 million and $5 million, consolidating subsidiaries that generated $490 million in revenue across more than 40 industries and 30 states.
3. Deal Sourcing and Technology Platform
The company's software and AI tools source 75,000 businesses actively for sale each year and streamline underwriting, operations, and financial oversight, compounding data insights to enhance future acquisitions.
4. Employee Ownership Structure
Teamshares integrates acquired companies into its holdco and fintech model, granting employee stock ownership to align incentives and drive organic growth across its portfolio.
