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Teamshares
101-250 employees Brooklyn, United States
![Teamshares website screenshot](/_next/image?url=https%3A%2F%2Fcujobay.s3.amazonaws.com%2Fteamshares%2Fwebsite-screenshot.png&w=3840&q=75)
Teamshares specializes in purchasing small businesses from owners approaching retirement and converting these companies into employee-owned enterprises. Upon acquisition, 10% of business stock is granted to the employees, and ownership interest grows to 80% over 20 years through continued service—employees don’t need to pay for the stock. This model preserves the businesses as local entities, secures the owner's legacy through employee ownership, and avoids company closure. It supports a sustainable business ecosystem where former owners, employee-owners, and the community at large benefit. Their network already spans 89 companies across 31 states and 42 industries, fostering over $25 million in new wealth for employee-owners.