Teamshares Announces $225 Million Preferred Equity Investment

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    "url": "https://www.globenewswire.com/news-release/2026/09/23/3367849/0/en/teamshares-announces-225-million-preferred-equity-investment.html",
    "title": "Teamshares Announces $225 Million Preferred Equity Investment",
    "excerpt": "NEW YORK, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Teamshares (NASDAQ:TMS, the “Company”), a tech-enabled acquiror of high-quality SMEs, announced a significant investment by accounts advised by T. Rowe Price Investment Management, Inc. (“TRPIM”). Teamshares has closed a $225 million preferred equity investment, structured as a newly designated Series A perpetual, non-voting, non-convertible preferred stock (the “Series A Preferred Stock”). The investment proceeds are primarily intended to fund additional acquisitions, core to Teamshares’ programmatic acquisition growth strategy. The definitive documents include the Company’s ability to issue up to an additional $75 million to other institutional investors. Teamshares’ strategic rationale for the financing includes: Teamshares CEO Michael Brown said, “We are grateful to attract top-tier investors like TRPIM as we set out to scale in the public markets. Teamshares has a vast inbound funnel of high-quality SMEs, with over 15,000 size-qualified, actively-for-sale companies per year through our software. We have subsequently signed additional LOIs beyond the $30 million of EBITDA under LOI disclosed on our recent earnings call, and we plan to start deploying this fresh balance sheet capital quickly into high-quality acquisitions with durable cash flow at attractive returns on invested capital. We are pleased that our recent public...",
    "summary": "T. Rowe Price Investment Management, Inc. advised accounts that made a $225 million preferred equity investment into Teamshares.",
    "location": "New York, USA",
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    "published_at": "2026-09-23T20:15:00Z",
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    "amount_normalized": 225000000,
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curl https://signals.autobound.ai/v1/signals/da7e0c3d-6ba6-c99e-ef8a-e2e38425829a \
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"troweprice.com","limit":20}'