Quick Quack Unveils New Ownership Program
Quick Quack Car Wash, one of the largest and fastest-growing chain of car washes in the country, has announced that it has made all 4,200 team members participants in the Quick Quack Ownership Program through a new initiative.
The Quick Quack Ownership Program could translate to meaningful wealth-building opportunities for the workforce, which aligns with Quick Quack’s vision to “Change Lives for the Better.” The program will also include initiatives related to employee engagement and personal financial wellness, with the goal of aligning all team members around a common purpose, values, and goals and bolstering team members’ financial capability.
“My founding partners and I have dreamed of this day from the beginning of our car wash journey nearly twenty years ago,” said Jason Johnson, CEO of Quick Quack Car Wash. “Our recent strategic partnership with KKR, combined with our deep relationship with Seidler Equity Partners has made this dream a reality, and we could not be more thrilled to extend this incredible opportunity to every member of our amazing team.”
The combination of allowing all team members to share in the equity growth of the business, bolstering employee voice, and increasing financial inclusion have been shown to have positive impacts on business operations, employee engagement, and retention, creating an even stronger overall company. Participation in the program is free for every team member and offered in addition to their regular salary and benefits.
The Quick Quack Ownership Program is part of a larger movement to include more front-line workers in equity pioneered by KKR and led by Ownership Works. Ownership Works is a nonprofit on a mission to increase prosperity through shared ownership at work. It partners with business leaders and investors to provide all employees with the opportunity to become owners and take part in the success they help create. To learn more, please visit ownershipworks.org.
