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CBS 60 Minutes – Private equity’s unlikely champion for giving workers a leg up with employee ownership 60-minutes
May 7, 2024 /
Not long ago, Arthur was the unlikely site of a daring experiment in American capitalism. C.H.I. Overhead Doors, which manufactures garage doors, was founded by a local Amish carpenter. Then in 2015, KKR—one of the world’s biggest private equity firms, came to this small town and purchased C.H.I. for $700 million. That’s when Brad Edwards, a 19-year veteran of the factory floor, and his wife Crystal, started Googling the new corporate overlords.
Jon Wertheim: What’d you learn?
By Jon Wertheim
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