Ocaquatics Swim School: Celebrating 30 Years and Becoming 100% Employee-Owned

Florida based Ocaquatics Swim School recently celebrated its 30th anniversary and made a groundbreaking announcement – the company has transitioned to become a 100% employee-owned business. This move marks a significant shift in the company’s structure, emphasizing a commitment to long-term stability and community engagement.

Founded by Miren Oca, Ocaquatics has grown from its humble beginnings to become a pillar of the Miami community, offering over 6,500 swimming lessons per week across five indoor locations. The decision to sell the company to its employees was driven by Oca’s desire to preserve the company’s mission-driven ethos and share its success with those who have been integral to its journey.

With 50 co-owners, 78% of whom identify as women and 94% as minorities (Hispanic or Black), Ocaquatics is setting an example for other businesses to follow. In an interview with Oca, she shared insights on the evolution of the company and the reasons behind the transition to employee ownership.

Ocaquatics’ shift to employee ownership is not only a significant move for the company but also a testament to the values it upholds. By choosing an Employee Ownership Trust (EOT) structure, Oca ensured that employees have a direct stake in the company’s success while maintaining its mission-driven approach and commitment to community impact.

Looking ahead, Ocaquatics’ transition to employee ownership is expected to further deepen the team’s engagement and commitment to the company’s mission. With a focus on fair wages, benefits, and personal growth opportunities, the EOT will help secure the company’s future while continuing to make a positive impact on the community and the environment.

As Ocaquatics sets a new standard for succession planning and community impact, the company aims to inspire other businesses to consider employee ownership as a viable and impactful option for the future. By prioritizing people, planet, and profit, Ocaquatics is leading the way towards a more sustainable and inclusive business model.

With a legacy of 30 years behind them and a future guided by shared ownership and purpose, Ocaquatics Swim School is poised to continue its mission of providing life-saving swimming lessons and water safety education to the Miami community for years to come.