Teamshares

Teamshares is a privately held financial technology and employee ownership platform company specializing in the acquisition, operation, and transition of small businesses into employee-owned enterprises. The organization operates within the broader financial services, fintech, and business succession industry while focusing specifically on acquirin... g profitable small and medium-sized businesses from retiring owners and gradually converting them into majority employee-owned organizations. The company generates revenue through ownership and operational management of acquired businesses, proprietary software platforms, financial products, educational services, and business support infrastructure provided to its portfolio companies. Founded in 2019 by Michael Brown, Alex Eu, and Kevin Shiiba, Teamshares was established to address a growing succession crisis affecting small business owners nearing retirement age. According to company and industry materials, a substantial percentage of small business owners are unable to successfully sell their companies upon retirement, often resulting in business closures, employee displacement, and economic disruption within local communities. Teamshares developed a technology-enabled acquisition and ownership model designed to preserve these businesses while creating long-term wealth-building opportunities for employees through stock ownership programs.Read More