Lifetouch, based in Eden Prairie, Minn., is Photography for a Lifetime. Best known for the tradition of school pictures, Lifetouch also operates retail studios across the country and provides portraiture and directory services for churches and organizations. Lifetouch has been capturing memories for families since 1936.
Following the death of his business partner in 1972, co-founder Bruce Reinecker began exploring options to reward the people who had devoted their lives to working hard for his company. By 1978, he and his management team found the answer within a new framework of employee ownership. It was a structure that made sense for Lifetouch which had always depended on an entrepreneurial spirit and personal touch.