Helping Employees Manage New Wealth
Goldman Sachs supports employee-ownership models through Ayco
KKR implemented an employee-ownership model at CHI Overhead Doors as a result of working with a nonprofit founded with the mission of helping all employees build wealth at work. When KKR sold its investment in CHI Overhead Doors in May 2022, 800 workers of the employee-owned business received on average $175,000 as payout on their equity.1 Ownership Works and KKR partnered with Ayco to provide 12 months of financial coaching to help the company’s workforce develop personal financial plans and help educate them regarding their new wealth. This is an example of how Ayco supports broad-based employee ownership models among portfolio companies across the private equity landscape, with top-to-bottom financial wellness offerings for everyone, from the CEO to each teammate on the factory floor as they come into life-changing payouts.