Marco Group Retains Status as Best Managed Company for Fifth Consecutive Year, Achieves Gold Standard Winner Designation
Tuesday, May 14, 2024—Marco Group was recognized for its industry-leading performance, its global business practices and its sustained growth by receiving the prestigious 2024 Canada’s Best Managed Companies award.
Celebrating over 30 years, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, innovation, governance and financial performance.
“We are thrilled to once again be named one of Canada’s Best Managed Companies,” said Chris Hickman, CEO of Marco Group. “This award is a testament to the dedication and hard work of our entire team at Marco Group. It reflects our commitment to excellence, innovation and the highest standards of management practices.”
Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.
The 2024 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies and accelerating operational digitization.
According to Deloitte, a program sponsor, “These companies are the engine of our country’s economic growth. They fuel innovation, drive productivity and create jobs.”
“Best Managed is a prestigious award that recognizes the significant and ongoing contributions within Canada’s business landscape,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “Companies such as Marco Group who attain this high standard of excellence demonstrate consistent adaptability, versatility and strategic acuity. Year after year, they thrive in a competitive, rapidly changing market and should be proud of their growth.”
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. 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. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner, one of the new winners selected each year; 2) Canada’s Best Managed Companies winner, award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review; 3) Gold Standard winner, after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years; 4) Platinum Club member, winners that have maintained their Best Managed status for seven years or more. Program sponsors are Deloitte Private, CIBC, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
About Marco Group
Marco Group is a leading construction company headquartered in Atlantic Canada. With a strong team and a commitment to integrity, teamwork and quality results, Marco Group stands proudly at the forefront of the region’s construction landscape.
