SeeBITDAOklahoma

Tribune Capital Management LLC

Finance and insurance
  • 7 NE 6TH ST STE 30, Oklahoma City, OK
  • Since 2015
Estimated valueLow confidence
$195K
$102Klikely range$266K
About 2.5× its yearly profit, typical for a company this size in its industry.
Revenue
$3.5M
a year
Profit (EBITDA)
$78K
2% of revenue
Employees
8
reported in 2020
Reese Travis
Chief Executive Officer · source

How we got $195K

Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.

8 employees × $589K each$4.7M
PPP payroll ÷ payroll's usual share of revenue$2.0M
Shown toward the top of its range×1.14
Revenue$3.5M
× 2% profit margin$78K
× 2.5 sale multiple = value$195K

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named

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.

Products & services
Oil and gas non-operating working interests
Markets served
Multifamily real estateOil and gasConsumerRetail
Service area
MidwestOklahomaTexasOklahoma CityTulsaNormanBroken ArrowBentonville

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.

Real estate
Oil & gas

Estimated value over time

▲ 28% since 2020
$0$1.1M$2.3M202020212022202320242026

Today'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 2020
05010020202021202220232024885
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan8$3.2M$71K
2021Form 550019$7.7M$168K
2022Form 550031$12.5M$275K
2023Form 550066$26.6M$585K
2024Form 550085$34.2M$753K

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

BusinessEst. revenueEst. profitDistance
TRIBUNE CAPITAL MANAGEMENT LLC
this business
$3.5M$78K—
BHB OKC LLC
Oklahoma City · 2 employees
$959K$23K0.3 mi
HERITAGE WEALTH MANAGEMENT COMPANY
Oklahoma City
$21.1M$421K0.4 mi
WHEELER HOME LLC
Oklahoma City · 2 employees
$1.2M$28K0.9 mi
NATIVE WAREHOUSING LLC SERIES 2008
Oklahoma City · 3 employees
$1.1M$27K3.3 mi
CLINTON A. WINSLOW MD INC.
Oklahoma City · 8 employees
$3.5M$76K3.6 mi
DM WRIGHT HOLDING LLC
Oklahoma City · 32 employees
$13.4M$269K3.7 mi

The full calculation

Employees reported to the SBA8
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 industry2.5×
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

  • SN
    Shelby Norman
    Chief Investment Officer · Company website · source
  • CB
    Chad Berry
    Chief Financial Officer · Company website · source
  • LM
    Lauren Mauer
    General Legal Counsel · Company website · source
  • TG
    Tommy Garrison
    VP Asset Management · Company website · source
  • HU
    Heath Unruh
    Director of Facilities and Construction · Company website · source
  • KF
    Kimberly Fiegel
    Controller · Company website · source
  • BB
    Brooke Bufford
    Senior Accountant · Company website · source
  • GL
    Graysen Lowder
    Senior Accountant · Company website · source
  • AC
    Athalia Cowles
    Senior Accountant · Company website · source
  • JH
    Jenna Henschel
    Accountant · Company website · source
  • PH
    Patricia Hudacko
    Administrative 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

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$66K$66K8Legacy Bank

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.