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Teamshares Gears Up For Its Stock Market Debut As It Continues Snapping Up Quality Small Businesses From Retiring Baby Boomers

Benzinga·
Teamshares Gears Up For Its Stock Market Debut As It Continues Snapping Up Quality Small Businesses From Retiring Baby Boomers

Teamshares, a company that acquires small and medium-sized businesses from retiring Baby Boomers, is preparing for its stock market debut later this month via a SPAC merger with Live Oak Acquisition Corp. V. The company has acquired over 90 businesses since 2019 with approximately $500 million in consolidated revenue and plans to reach $100 million in EBITDA by 2027, with a long-term goal of owning 1,000 businesses.

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