Solar architecture firm MMPV Design converts to worker-owned business model
Renewable energy-focused architecture firm MMPV Design has transitioned into a worker-owned cooperative. In this model, employees own and control the company, electing their peers to the board of directors and sharing profits.
The company made the change when Mariana Moncada, who was the owner of MMPV Design for 15 years, chose to sell the company to her employees so that ownership would be in the hands of those who helped her build the business. MMPV Design focuses on projects that advance solar energy, energy storage and electric vehicle infrastructure throughout the United States.
“I feel that being a cooperative will empower our team to get involved in company growth, share ideas and streamline processes,” says Stella Robitaille, a principal and architect of record who is the secretary and treasurer on the MMPV board of directors.
Greater dedication to customer service
MMPV Design worker cooperative members believe that their new model will allow the firm to continue to provide superior services to its customers.
“Increased ownership will lead to even greater dedication to customer service, something we take pride in and where our strength lies as a company,” says Krista Lamondin, a principal and architect of record at MMPV Design who’s serving as president of the new board of directors.
Project Equity, a national nonprofit dedicated to advancing employee ownership, guided MMPV Design through every stage of its transition, providing hands-on expertise and capital support through its Accelerate Employee Ownership and Employee Ownership Catalyst Fund programs.
