Boldly Challenging Advocacy, Equity, and Inclusion

How do you boldly challenge the pillars of advocacy, equity, and inclusion (in a good way)?

Groundworks is a private equity group that recently empowered its employees by providing ownership—the principle of workers partaking in the financial success of their employers.

Employee ownership has long been seen as a mechanism that can align workers’ incentives with management. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. The new ownership program is aligned with Groundworks’ values and focus on honoring the nation’s tradesmen and tradeswomen.

“In 2016, Groundworks embarked on a bold vision of building the nation’s leading foundation repair and water management services company by investing and rewarding our incredibly talented tradesmen and tradeswomen,” said Matt Malone, Founder & CEO of Groundworks.

“KKR is the ideal strategic partner as we enter the next chapter of evolving this industry given their experience and strong track record in supporting growth-oriented companies, extensive global resources, and our shared culture and values. The strategic partnership enables Groundworks to further invest in our predominantly blue collar workforce with equity sharing programs that will allow every colleague to participate in the success they help to create.”

References

Rowe, M. 408: From the Ground Up with Matt Malone. The Way I Heard It with Mike Rowe. 2024. https://podcasts.apple.com/us/podcast/408-matt-malone-from-the-ground-up/id1087110764?i=1000672202019

https://media.kkr.com/news-details?news_id=1b386c83-8bdc-4664-903a-fb5cb46efff3&type=1