Davis Home Pros is a 15-person residential remodeling cooperative in Walnut Creek California. The selling owners had worked hard with employees to create a positive workplace culture centered around quality craftsmanship, customer service, and reasonable prices. About three years from retirement, they were looking for an innovative succession plan and committed to worker ownership. The company had in place unusually strong internal leadership, in the form of a five-person executive team, that was able to support many aspects of the conversion, including resolving legal and financial issues, communicating to employees, and increasing company-wide financial literacy.
- Rossmoor News – Davis Home Pros is Now Owned (2019)