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Employee Ownership

An Employee-Owned Company Committed to Excellence

labrepco employee-owned seal logo

At LabRepCo, we believe in the power of shared success. Since January 1, 2019, we have proudly transitioned to an Employee Stock Ownership Plan (ESOP), making LabRepCo 100% employee-owned. This significant change means that every member of our team has a personal stake in the company’s growth and success, fostering a deeper connection and commitment to our mission. This transformation not only strengthens the bonds among our team members but also enhances our relationships with business partners and customers, ensuring that we continue to deliver unparalleled service and support.

Being an employee-owned company means that each team member is more than just an employee—they are an owner. This sense of ownership translates into a heightened level of dedication and professionalism that you can experience firsthand, whether you interact with our sales representatives or customer service team. For over 40 years, LabRepCo has been synonymous with quality and reliability in the laboratory equipment industry, and our transition to an ESOP is a testament to our commitment to reward those who have been integral to our success.

Our CEO, Richard Dougherty, aptly described this transition: “I’ve always thought of LabRepCo as a family. By transitioning to an ESOP, now all of our team members will share in the success of the organization. We are excited for our future and what this will mean for our team members and our customers.” This move ensures that our dedication to excellence continues to grow, benefiting both our team and our valued customers.

On behalf of all the employee-owners at LabRepCo, we look forward to continuing to provide you with the best laboratory equipment, support, and service in the industry. Your success is our success, and together, we will achieve great things.