Teamshares Inc. (TMS)

Teamshares Inc. is a New York-based company that acquires profitable small and medium-sized businesses, typically from owners who are retiring and lack a succession plan. Founded in 2019, it became publicly traded on the Nasdaq in 2026 through a merger with the special purpose acquisition company Live Oak Acquisition Corp. V.

Teamshares uses proprietary technology and a structured acquisition process to source and buy established businesses across industries such as trades, distribution, manufacturing and services. It aims to hold acquired companies permanently rather than resell them.

A distinctive part of the model is employee ownership: Teamshares grants equity to employees of its businesses over time and installs presidents, often from outside, who receive training and support from a central team handling finance, technology and operations. Its common stock trades under the ticker TMS.