Walters Group named one of Canada’s Best Managed Companies


Toronto, ON – March 7, 2019 – Walters Group was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation in 2015 and has successfully retained its status, becoming a Gold Standard winner in 2019. The 2019 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.

Now in its 26th year, 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. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

Founded in 1956, Walters Group is a family-owned steel construction company that designs, fabricates, and constructs commercial and industrial projects throughout North America. Through Walters’ integrated network of companies, they provide products and services that complement their core business of structural steel. From industry-leading Architecturally Exposed Structural Steel (AESS) and high-end architectural fabricated structures, to the latest in lightweight flooring technology, they bring innovative ideas and solutions to their clients.

Some of their recent high-profile Canadian projects include the TELUS Sky tower in Calgary, CIBC Square in Toronto, and the West Block Parliament building in Ottawa. Their ability to provide vertically-integrated services “in-house” allows them to deliver a seamless experience and control every stage of a project. From construction engineering and design-assist, to detailing and fabrication, to finishing, delivery and construction – they are with their clients every step of the way.

“This year’s Best Managed winners are a testament to the success found when businesses invest in talent, innovate intentionally, and think long-term,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “These companies should be proud of this achievement, and their responsibility in acting as role models for other Canadian businesses.”

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2019 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.

“We are truly privileged to receive the prestigious Canada’s Best Managed Companies designation for another year, and becoming a Gold Standard winner in 2019. We are proud to join such an esteemed group of Canadian companies that are pursuing innovation and maintaining a sharp focus on their clients,” said Peter Kranendonk, President, Walters Group. “We offer our deepest appreciation to our dedicated employees, loyal clients and our trusted construction partners.”

“CIBC is pleased to congratulate Walters Group on being named one of Canada’s Best Managed Companies, recognizing its excellence in leadership, business performance and innovation,” said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “As a sponsor of the Canada’s Best Managed Companies program for over 20 years, CIBC is proud to celebrate private companies like Walters Group as leaders in their industry.”

2019 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 17, 2019. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.

The Best Managed program is sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.

About Canada’s Best Managed Companies
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. 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, Canadian Business, Smith School of Business, and TMX Group. For more information, visit www.bestmanagedcompanies.ca


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