When CoolIT Systems was acquired, its 650 employee-owners didn’t just watch from the sidelines — they shared in the reward. Thanks to the company’s OwnIT employee ownership program, launched in 2023 following an investment from KKR, an Ownership Works Founding Partner, workers received average payouts of $240,000. The longest-tenured employees earned up to eight times their annual salary.
The ripple effects of these payouts are profound. For many workers, the windfall represents a life-changing financial opportunity — paying off debt, funding their children’s education, buying homes, and building generational wealth.
Watch the video to learn how CoolIT employees celebrated the news of their payouts and hear, in their own words, what being an owner has meant to them.
Watch more videos from Ownership Works on our YouTube channel.
