Tech-enabled holding company has grown to 93 businesses since 2020Seeks to be a permanent home for thousands of great companies as owners retireTMS software sources 75,000 actively for sale businesses per yearT Rowe

TMS Begins Trading on Nasdaq Today; Teamshares is the Market-Leading Acquiror of Businesses From Retiring Owners

Teamshares IPO signals scaleable model for retiree-owned SMEs

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Tech-enabled holding company has grown to 93 businesses since 2020Seeks to be a permanent home for thousands of great companies as owners retireTMS software sources 75,000 actively for sale businesses per yearT Rowe</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Teamshares began trading on NASDAQ (TMS) on June 23, 2026, aiming to be a permanent home for retiring business owners. The company has expanded to 93 acquisitions since 2020, with $490 million in revenue across 40 industries and 30 states, supported by a $126.5 million anchor investment from T Rowe Price Investment Management to accelerate its deal flywheel.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Teamshares debuts on NASDAQ as TMS on June 23, 2026.</li><li>Grew to 93 businesses since 2020; aims to be home for retiree-owned firms.</li><li>TMS sources 75,000+ active for-sale businesses annually.</li><li>T Rowe Price Investment Management anchors a $126.5M equity investment in TMS.</li><li>Consolidated revenue runs $490M across 40 industries and 30 states.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Teamshares, Inc. (TMS)</strong>: IPO-listed, tech-enabled SME acquirer; aims to consolidate retiree-owned businesses using a holdco/fintech model and employee stock ownership.</li><li><strong>T Rowe Price Investment Management (TROW)</strong>: Anchored equity investor with a $126.5 million commitment; provides strategic validation and long-term funding potential.</li></ul>
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  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News covering a public listing of a tech-enabled SME acquirer. Reflects a trend toward platform-enabled, employee-aligned buyouts and the use of private capital to scale retiree-owner transitions.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Anchor investment of $126.5M from T Rowe Price validates the funding thesis.</li><li>Public listing provides capital to accelerate the acquisition flywheel and data-network effects.</li><li>Large pipeline: 75,000+ active for-sale businesses sourced annually.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>June 23, 2026: Teamshares begins trading on NASDAQ under ticker TMS.</li><li>Ticker: TMS.</li><li>Grew to 93 businesses since 2020.</li><li>Consolidated revenue: $490 million across 40 industries and 30 states.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Long-term upside as IPO funding enables rapid SME acquisitions over the next 12–24 months.</p>
  </section>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><ul type="disc"><li>Tech-enabled holding company has grown to 93 businesses since 2020</li><li>Seeks to be a permanent home for thousands of great companies as owners retire</li><li>TMS software sources 75,000 actively for sale businesses per year</li><li>T Rowe Price Investment Management anchors $126.5M equity investment in TMS</li></ul>  <p>NEW YORK, June  23, 2026  (GLOBE NEWSWIRE) -- Teamshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TMS">TMS</a>), a tech-enabled acquiror of SMEs, began trading publicly today. Teamshares is the market-leading acquiror of businesses from retiring owners. Teamshares is part holdco, part fintech, and aligns employees through stock ownership.</p>  <p>Teamshares cofounder and CEO Michael Brown said, &#34;We’re proud to be the market leader in buying businesses from retiring owners. Going public provides us with additional financing options to expand our model to thousands of great companies over time.&#34;</p>  <p>Alex Eu, Teamshares cofounder and President, added, "The Teamshares platform is built and it is working to repeatedly transition and grow successful businesses. We believe our unique combination of qualified leaders, financial infrastructure, and shareholder alignment through employee stock ownership is why Teamshares companies have strong, reliable organic growth.&#34;</p>  <p>&#34;Every company we acquire strengthens our proprietary dataset that makes the next acquisition smarter. Our software and AI work across underwriting, operations, and financial oversight, compounding with every transaction. Going public lets us accelerate that flywheel at exactly the moment millions of small business owners are retiring,&#34; said Kevin Shiiba, cofounder and CTO.</p>  <p align="justify"><strong>About Teamshares</strong><br></br>Teamshares is a tech-enabled acquiror of SMEs, intending to be a permanent home when owners retire. 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. Founded in 2019, Teamshares operates subsidiaries with consolidated revenue of $490 million across over 40 industries and 30 states. Learn more at <a href="https://www.globenewswire.com/Tracker?data=owPKUV64zSeaAyYhBKbe-8yDwWKUDuTgaXhBVLhBuo7HOFXPetqKI3AjRThseYfDEAVw5aZyV-HH2NGhOa-CCoYnr2w5fVX7iU435qwf1YXbJe_cB_T7MXMDDn3JHysAztUcfuY2BS0cDlOBCRG2tQ==" rel="nofollow" target="_blank">https://www.teamshares.com/investors</a>.</p>  <p align="justify"><strong>Forward Looking Statements</strong><br></br>This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. No representations or warranties, express or implied are given in, or in respect of, this press release. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "potential," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. These forward-looking statements also include, but are not limited to, statements regarding estimation of the listing. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Teamshares management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although Teamshares believes that it has a reasonable basis for each forward-looking statement contained in this press release, Teamshares cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of Teamshares as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, Teamshares does not undertake any duty to update these forward-looking statements.</p>  <p align="justify"><strong>Contacts</strong><br></br>Investor Relations: Investors@teamshares.com<br></br>Press: Press@teamshares.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1MTA2NCM3NjczMzA5IzIzMDkzNTk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NmYxZTUyODEtOWY5Ni00ZjdlLTk3NjktNTZlYmMzODQ5MDg3LTEzMjA5MDktMjAyNi0wNi0yMy1lbg==/tiny/Teamshares-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/7f71aaad-9c43-48ce-bf9d-6012e68648b4"><img src="https://ml.globenewswire.com/media/7f71aaad-9c43-48ce-bf9d-6012e68648b4/small/teamshares-logo-jpg.jpg" border="0" width="150" height="23" alt="Primary Logo"></img></a></p>

Teamshares began trading on NASDAQ (TMS) on June 23, 2026, aiming to be a permanent home for retiring business owners. The company has expanded to 93 acquisitions since 2020, with $490 million in revenue across 40 industries and 30 states, supported by a $126.5 million anchor investment from T Rowe Price Investment Management to accelerate its deal flywheel.

TMS Begins Trading on Nasdaq Today; Teamshares is the Market-Leading Acquiror of Businesses From Retiring Owners

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Industry News

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