Teamshares (TMS) has appointed Mike Levin as Senior Director of Investor Relations as it establishes an investor relations function. He will report to Nile Corso, Head of Capital Markets, and focus on expanding institutional investor relationships and shareholder engagement. Levin previously helped build Carvana’s investor relations function after an equity research role at Deutsche Bank.
Teamshares (NASDAQ: TMS) will release its third quarter 2026 financial results after market close on November 16, 2026. Management will host a conference call that day at 5:00 p.m. ET to discuss the results. A live webcast will be available through the company's investor relations website.
Teamshares (TMS) repaid its $150 million legacy credit facility in full using a new term loan and cash on hand.
The $130 million, four-year loan, arranged by Sound Point Capital affiliates, matures in 4Q 2030. Its floating-rate spread is 9.5% above SOFR, the loan’s reference interest rate. Teamshares expects approximately $5 million in annual interest savings at current SOFR levels, before amortization or further refinancing. It has also initiated early repayment of $17 million in mezzanine debt, expected to reduce annual interest expense by another $3 million.
Teamshares reiterated its $100 million Pro Forma Adjusted EBITDA forecast for 2027, an adjusted earnings measure, and reported signed letters of intent toward its $40 million EBITDA acquisition plan for 2026.
Teamshares (TMS) closed a $225 million preferred equity investment from accounts advised by T. Rowe Price Investment Management.
The newly designated Series A shares are perpetual, non-voting and non-convertible. The funded amount is net of a 1% original issue discount. Teamshares primarily intends to use the proceeds for acquisitions. Its agreements also permit the issuance of up to $75 million more of the same series to other institutional investors.
The annual cash dividend is 16.0%, falling to 14.5% if specified deleveraging and EBITDA thresholds are met. Teamshares may instead elect to pay the dividend in kind at a premium. The preferred shares rank above common stock and below debt.
Teamshares plans to combine the capital with senior acquisition debt and seller notes. The company expects the investment to support its capital position while it pursues refinancing of existing debt and additional acquisition financing.
Teamshares (TMS) announced that CEO Michael Brown and CFO Brian Gaebe will present at two upcoming virtual small-cap investor conferences in September 2026.
They will participate in the Northcoast Research Virtual Small Cap Management Forum on September 9, 2026, and the Sidoti Virtual Small Cap Conference on September 23, 2026, with a presentation at approximately 2:30 p.m. ET and availability for one-on-one and small group investor meetings at both events.
Teamshares (NASDAQ:TMS) reported 2Q 2026 revenue of $148.7 million, up 20% year-over-year, with net income of $9.5 million, reversing a prior-year loss, and Adjusted EBITDA of $9.6 million (up 166%). Pro Forma Adjusted EBITDA was $9.8 million and LTM Pro Forma Adjusted EBITDA reached $21.2 million.
SME segment revenue grew 20% and SME segment EBITDA rose 47%, largely from acquisitions, with modest organic growth. The June 23 Nasdaq listing and related Business Combination and PIPE yielded $132.4 million in gross proceeds; Teamshares repaid $54.5 million of debt around and after quarter-end, ending the first half with $125.6 million in cash, cash equivalents and restricted cash. The company reaffirmed its 2026 outlook for $60 million Pro Forma Adjusted EBITDA, including $40 million from acquisitions, and reported approximately $30 million of annual SME EBITDA under non-binding LOIs toward that target.
Teamshares (NASDAQ:TMS) announced it will release its second quarter 2026 financial results before market open on Friday, August 14, 2026. Management will host a conference call and live webcast at 8:30 a.m. ET the same day, accessible via the company’s investor relations website and a registration link for dial-in details.
Teamshares (NASDAQ:TMS)/b) announced that CFO Brian Gaebe and Head of Capital Markets Nile Corso will present at the in White Plains, New York, on July 9, 2026 at approximately 2:00 p.m. ET.
They will also be available for one-on-one and small group investor meetings during the conference.
Teamshares (Nasdaq:TMS), a tech-enabled acquiror of small and medium businesses from retiring owners, began trading publicly on Nasdaq on June 23, 2026.
The holding company has grown to 93 businesses since 2020, uses software to source 75,000 for-sale businesses per year, and has a $126.5M equity investment anchored by T Rowe Price Investment Management.
Teamshares (NASDAQ:TMS) will participate in the virtual Northland Growth Conference on June 23, 2026. The company also expects its common stock ticker to change from LOKV to TMS that day, with management available for one-on-one investor meetings.