Reins expands into Canada, bringing alternative equity solutions to independent businesses
Company builds on US success by helping Canadian business owners retain key employees and prepare for succession without giving up ownership
The move follows strong adoption in
Reins' Modern Agreement for Rewards and Equity (MARE) framework allows companies to offer phantom stock and profit-sharing programs without requiring owners to surrender equity or control.
Helping owners build stronger businesses
For many small-to-midsize business owners in both
Since its launch in 2023, Reins has helped hundreds of independently owned companies improve retention, increase business value and prepare for the future. The company's clients report:
- A 93% employee retention rate among those who received an incentive
- An average 16% increase in business valuation within the first 24 months
- An average 20% increase in business exit value compared to companies that do not use Reins
"We've seen firsthand how alternative equity helps independent business owners in
Building on success in
The Canadian launch gives independent businesses there a powerful way to compete for talent with larger companies that can offer traditional equity and profit-sharing programs.
Before entering the market, Reins conducted a pilot program with select Canadian businesses to test the platform and gather feedback from owners focused on workforce stability and continuity.
"We wanted a better way to reward the employees who have helped build our business," said
For more information about Reins, visit myreins.com.
About Reins
Reins is an innovative platform that empowers privately-owned businesses to retain key employees effectively by offering owner-like benefits that incentivize employees to contribute to the business's long-term success. Founded in 2023, Reins' mission is to help independent businesses remain productive and grow. Reins' proprietary solution, the Modern Agreement for Rewards and Equity (MARE) program, was built by attorneys and is customizable to meet each business owner's needs. Every plan is legally binding and stored safely in the Reins software for compliance. Using the MARE program, business owners can create and execute a tailored program within minutes. For more information about Reins and the MARE program, please visit myreins.com/.
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SOURCE Reins
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