In February 2021, KKR acquired Flow Control Group (“FCG”), a leading distributor of mission-critical flow control and industrial automation products. With KKR’s support, FCG implemented a broad-based employee ownership program that extended all of its 1,500 employees across the US and Canada a stake in the business and also a voice.

Since 2011, KKR’s Industrials team has focused on employee engagement as a key driver in building stronger businesses. The strategy’s cornerstone has been to allow all employees to take part in the benefits of ownership by granting them the opportunity to participate in the equity return alongside KKR. Beyond sharing ownership, KKR also supports employee engagement by investing in training across multiple functional areas and by partnering with the workforce to give back to the community.

In this video, Flow Control Group leadership, employees and the KKR team discuss the impact that employee ownership has had in driving greater outcomes for employees and the business.