Toronto, Ontario, Canada – May 9, 2023 — Walters Group is a 2023 winner of Canada’s Best Managed Companies, retaining its Platinum Club status for the third year and its Best Managed designation for eight consecutive years.
Celebrating its 30th anniversary, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, innovation, governance, and financial performance.
“Being named one of Canada’s Best Managed Companies and maintaining our Platinum Club status is a testament to our incredible team and the partnerships we have built with our clients,” shared Peter Kranendonk, Chief Executive Officer of Walters Group. “We are extremely honoured and grateful to our team and partners for all we have accomplished.”
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. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
The 2023 cohort of Best Managed companies shares common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.
“To become a Best Managed Platinum Club winner is a huge accomplishment,” says Lorrie King, partner at Deloitte Private and co-leader for Canada’s Best Managed Companies program. “Companies such as Walters Group who attain this high standard of excellence demonstrate consistent resilience, versatility, and strategic acuity. Year after year, they thrive in a competitive, rapidly changing market. This year’s winners should take pride in attaining this prestigious award in recognition of their significant and ongoing contributions to Canada’s business landscape.”
About Canada’s Best Managed Companies
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, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
About Walters Group
Founded in 1956, Walters Group is a family-owned steel construction company that designs, fabricates, and constructs commercial and industrial projects throughout North America. With a passionate team, Walters Group brings together deep experience with the capacity to deliver on projects of all sizes and levels of complexity. We always strive to provide an outstanding project experience where everyone involved appreciates building with Walters. waltersgroupinc.com