When the private equity fund CVC acquired the company, now named twoday, it was part of the agreement that twoday's employees would have the opportunity to become co-owners of the large Nordic IT company. This initiative creates a culture of ownership, dedication, and mutual success. Let’s dive into how it all works.
Open for every employee
The twoday ownership program welcomes every employee to become a shareholder on the same terms as our owners, CVC Capital Partners. Unlike typical ownership programs in the companies that are usually reserved for managers, ours is open to everyone, regardless of role or department. We built this that way from the very beginning we established twoday. This inclusivity ensures that all employees can share in the value growth they help create.
Every February, employees who have been with twoday for at least six months have the chance to buy shares, allowing them to participate in twoday growth journey. The minimum investment is 3,000 euros (2,000 euros for our colleagues in Lithuania).
Although we wanted to set the entry point even lower, technical reasons prevented this. Once in the program, employees can increase their investment by as little as 500 euros, enabling everyone to gradually grow their stake in the company over time. If employees decide to sell their shares, they can do this during the open investment round (in February).
A growing community of owners
Our co-ownership program has generated incredible enthusiasm. Nearly 1,000 employees—almost 40% of our staff—are now shareholders in twoday. This high level of engagement highlights the program’s appeal and the strong confidence our team has in the company’s future.
Over two investment rounds, our employees have invested a total of 55,858,924.80 euros, showcasing their commitment to our shared vision.
Our people are at the core of everything we do. We're committed to building a workplace where employees feel professionally challenged and inspired, fostering both personal and professional growth. Providing the opportunity to share in the success of what our team creates every day fosters a sense of ownership that goes beyond financial investment—it’s about feeling valued and integral to the company’s journey.