Teamshares completes business combination with Live Oak Acquisition Corp. V

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โดย GlobeNewswire·Read original
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Teamshares Inc., a tech-enabled acquiror of SMEs, has completed its business combination with Live Oak Acquisition Corp. V following shareholder approval on June 16, 2026. The company received $126.5 million in additional capital through a concurrent common stock PIPE with institutional investors and certain members of Teamshares management. Teamshares programmatically acquires companies with $0.5 to $5 million of EBITDA from retiring owners and operates subsidiaries with consolidated revenue of $490 million across over 40 industries and 30 states. Santander US Capital Markets LLC served as financial advisor and placement agent on the PIPE, while Ellenoff Grossman & Schole LLP and Latham & Watkins LLP provided legal counsel.

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Ellenoff Grossman & Schole LLPPrivate± Mixed
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Latham & Watkins LLPPrivate± Mixed
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Santander US Capital Markets LLCPrivate± Mixed
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