Since 2011, KKR has supported its portfolio companies in awarding equity worth billions of dollars to over 165,000 non-senior management employees across more than 65 companies.
In recent years, KKR has expanded this initiative from our private equity business to other asset classes, in particular infrastructure. The Parking Spot, a leading near-airport parking company, was acquired by KKR in October 2024. Earlier this year, the company launched an employee ownership program that provides all team members, from shuttle drivers to corporate leadership, with a financial stake in the company’s long-term growth. This program aims to enhance employee engagement, performance, and retention by directly linking the team’s contributions to the company’s financial success.
In this video, watch as The Parking Spot leadership team introduces the ownership program. You can hear directly from many of the employees as they explain what this milestone means to them.