TerraPro Inc. named one of Canada’s Best Managed Companies for 2017
Sherwood Park, AB – March 9, 2017 – TerraPro Inc. has been honoured with the prestigious Canada’s Best Managed Companies designation. The 2017 Best Managed program recognizes the best-in-class of Canadian-owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
“It’s much more than just financial performance,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “The ingredients to success also include overall business performance and sustained growth. It takes dedication and commitment from the entire organization.”
TerraPro was originally named as a winner of Canada’s Best Managed Companies program in 2014. Since that time it has had to work through extremely challenging dynamics in the industry and geography it operates in. As a result, TerraPro completed a restructuring transaction in early 2016 in order to strengthen the foundation of its business. It was TerraPro’s commitment to reposition itself and its stakeholders for long-term, “win-win” type of success along with its ongoing focus on ensuring each employee arrives home safely every day and that its customers continue to receive an unparalleled level of service quality that allowed TerraPro to retain its Best Managed designation. Continuing to seek win-win opportunities, operate safely and provide great service are integral parts of TerraPro’s core values as is its commitment to treat each employee, contractor and subcontractor as a member of its extended family.
Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Winners are an important engine of economic growth for being adaptable and sustainable in a global market. Applicants are evaluated by an independent judging panel made up of judges from Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. Best Managed companies share commonalities that include an emphasis on culture and people, innovation, sustained performance and strong financial results.
“We are thrilled to be named one of Canada’s Best Managed Companies for the second time,” says Colin Schmidt, TerraPro Co-Founder & Co-CEO. “Business is about more than just money. The relationships we have with our employees, customers, vendors and investors as well as our commitment to our company values is really what has helped us manage through this economic downturn, and we are seeing signs of improvement. We will continue to drive to create a great workplace that empowers our employees to deliver on our brand promise of providing product, where and when they need it, by the pest people in the industry at what they do, at prices that are fair and predictable.”
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.