Tribune Capital Management LLC
How we got $195K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Tribune Capital is an Oklahoma City-based private equity firm focused on multifamily real estate investments across the Midwest. It also oversees smaller investments in oil and gas, consumer, and retail assets through affiliated entities.
From the company's website. Industry: Finance and insurance.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HS-REAL ESTATE INC · Norman, 15 mi · $311.2M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 8 mi · $132.9M
- COATES FIELD SERVICE, INC. · Oklahoma City, 3 mi · $107.7M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 1 mi · $67.0M
- STEVEN B HOMES INC · Oklahoma City, 3 mi · $56.8M
- GULFPORT ENERGY CORPORATION · Oklahoma City, 10 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 10 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 2 mi · $711.6M
- T/J INSPECTION, INC. · Del City, 4 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 1 mi · $557.7M
Estimated value over time
▲ 28% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 963% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 8 | $3.2M |
| 2021 | Form 5500 | 19 | $7.7M |
| 2022 | Form 5500 | 31 | $12.5M |
| 2023 | Form 5500 | 66 | $26.6M |
| 2024 | Form 5500 | 85 | $34.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TRIBUNE CAPITAL MANAGEMENT LLC this business | $3.5M | — |
| BHB OKC LLC Oklahoma City · 2 employees | $959K | 0.3 mi |
| HERITAGE WEALTH MANAGEMENT COMPANY Oklahoma City | $21.1M | 0.4 mi |
| WHEELER HOME LLC Oklahoma City · 2 employees | $1.2M | 0.9 mi |
| NATIVE WAREHOUSING LLC SERIES 2008 Oklahoma City · 3 employees | $1.1M | 3.3 mi |
| CLINTON A. WINSLOW MD INC. Oklahoma City · 8 employees | $3.5M | 3.6 mi |
| DM WRIGHT HOLDING LLC Oklahoma City · 32 employees | $13.4M | 3.7 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 2% |
| EBITDA = revenue × margin | $78K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $195K |
| Multiple for this size and industry | 2.5× |
| Value range | $102K – $266K |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $51K – $89K |
| Industry (NAICS) | Finance and insurance (525910) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- SNShelby NormanChief Investment Officer · Company website · source
- CBChad BerryChief Financial Officer · Company website · source
- LMLauren MauerGeneral Legal Counsel · Company website · source
- TGTommy GarrisonVP Asset Management · Company website · source
- HUHeath UnruhDirector of Facilities and Construction · Company website · source
- KFKimberly FiegelController · Company website · source
- BBBrooke BuffordSenior Accountant · Company website · source
- GLGraysen LowderSenior Accountant · Company website · source
- ACAthalia CowlesSenior Accountant · Company website · source
- JHJenna HenschelAccountant · Company website · source
- PHPatricia HudackoAdministrative and Accounting Assistant · Company website · source
Advisors
- BankingLegacy BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $66K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tribune Capital Management LLC
Tribune Capital Management LLC is a finance and insurance company in Oklahoma City, Oklahoma, in business since 2015. It is owned by Reese Travis (Chief Executive Officer). Its estimated annual revenue is about $3.5M, with roughly $78K of EBITDA. It has about 85 employees. Its estimated business value is $195K (likely range $102K–$266K).
Common questions
- Who owns Tribune Capital Management LLC?
- Tribune Capital Management LLC is owned by Reese Travis (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Tribune Capital Management LLC make?
- SeeBITDA estimates Tribune Capital Management LLC's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tribune Capital Management LLC worth?
- About $195K, roughly 2.5× its estimated EBITDA of $78K, typical for a finance and insurance company its size. Likely range: $102K–$266K.
- How many employees does Tribune Capital Management LLC have?
- About 85, from its 2024 retirement-plan filing.
- When was Tribune Capital Management LLC founded?
- Tribune Capital Management LLC has been in business since 2015.