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Marmic Fire & Safety Establishes Employee Ownership Program

Category Ownership Cultures
Company Marmic Fire & Safety
Industry Industrials

Marmic Fire & Safety, a leading provider of regulation-mandated fire equipment inspection and repair services, recently became the latest KKR portfolio company to launch a broad-based employee ownership program. Marmic joined the KKR portfolio after being acquired in July 2024.  

Watch the video below to see how Marmic’s 1,200+ employees learned about the ownership program and what it means to them to become owners in the business. As several team members mention in the video, it was a great day to showcase “Marmic Pride.”

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A group of Frontmatec employees gathered for a presentation.
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      KKR has supported the implementation of broad-based employee ownership programs throughout its portfolio based on the belief that this type of broad-based engagement and alignment can drive results in business while driving greater financial inclusion. Since 2011, more than 55 KKR portfolio companies have awarded billions of dollars of total equity value to over 120,000 non-senior management employees.

      KKR is also a founding partner of the cross-sector initiative Ownership Works, a nonprofit on a mission to increase prosperity by developing and implementing broad-based employee ownership programs.