The Humberview Group named one of Canada’s Best Managed Companies

The Humberview Group named one of Canada’s Best Managed Companies

The Humberview Group (HG) 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. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.

 “Being designated as one of Canada’s Best Managed Companies is a great achievement for all of us at HG. This recognition is a testament to our team’s hard work and dedication and the unwavering pursuit of excellence that we strive to deliver every day”, says John Esplen, President & CEO of HG. “Being part of this program is a source of immense pride, underscoring our commitment to innovation, customer service, talent management and community engagement. We are honoured to be among the best of the best in Canadian business, and we look forward to continuing to raise the bar for excellence in our industry.”

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 2024 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.

“Best Managed is a prestigious award that recognizes the significant and ongoing contributions within Canada’s business landscape,” said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada’s Best Managed Companies program.  Companies such as The Humberview 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 members, 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.

To read the full article from The Globe & Mail's Report on Business, click here (May 14, 2024).

About The Humberview Group

The Humberview Group (HG) is a leading automotive dealer group in Ontario. What began with one dealership on Bloor Street West in 1971 has grown into twenty dealerships representing 18 different brands with over 5,000 new and pre-owned vehicles in inventory at any one time. To date, HG has 31 locations, 20 franchise operations, and 11 non-franchise operations. HG employs 1,400 Team Members across the organization who are focused on 1 promise: Serving you better, each and every day.