A private equity investor turned a Colorado company over to its employees. He's not the only one.

https://coloradosun.com/2024/08/28/employee-owned-businesses-surge-in-colorado/

Rocky Mountain Steel in Olathe is the newest Colorado company to go 100% employee owned, with help from the Office of Economic Development and International Trade. New president Dylan Wiman says the model could narrow the wealth gap in Colorado.

There are people who spend their days going through the motions of their career. And then there’s Dylan Wiman.

As Wiman climbed the ladder in his fields of construction and private equity, the Grand Junction native was reading, studying, learning.

A man he admired, the person unknowingly helping forge his beliefs, was a private equity investor for a firm in New York City named Peter Stavros.

Over his career, Stavros had helped lead a number of successful investments through the one of the nation’s biggest private equity firms, KKR, and pioneered an employee engagement and ownership model that empowers employees by making them equal owners in a business, gives them a voice by eliciting their engagement in company decisions and trains them in financial literacy.