Equipment Sales & Service Limited named one of

TORONTO, May 10, 2022 (GLOBE NEWSWIRE) — Sale of equipment and limited service has been recognized for its overall performance and sustained growth with the prestigious platinum member designation of Canada’s Best Managed Companies. Winners of the 2022 Best Managed program awards are among the top Canadian-owned and managed companies with revenues of over $50 million demonstrating leadership in strategy, capability and innovation, culture and engagement, and finance to achieve sustainable growth. Now in its 29th year, Canada’s Best Managed Companies program remains one of the nation’s leading business awards programs recognizing Canadian-owned and managed companies for their innovative, world-class business practices. Each year, hundreds of entrepreneurial companies compete for this designation through a rigorous, independent process that assesses the caliber of their management capabilities and practices.

“Given the past two years of operating in a pandemic, ESS is especially honored to receive this most prestigious award for the 11th consecutive year. We appreciate the relationship we have established with the organizers of the best managed companies and believe that the rigor associated with qualifying for the award has resulted in a contribution to making our company stronger and better run. I would be remiss if I did not acknowledge and thank all of our employees and management team for their hard work, loyalty and professional execution of their specific role within the business during these most difficult times, this award is rightly theirs,” said Peter M Willis, Co-Executive Chairman, Equipment Sales & Service Limited.

“It has become increasingly important for companies to foster collaborative workplaces where employees are empowered to make valuable contributions to their organization,” said Lorrie King, Partner, Deloitte Private and Co-Lead, People Program. Canada’s Best Managed Companies. “This year’s Best Managed winners embraced a people-centric mindset, empowering employees to cultivate important capabilities and integrating diversity, equity and inclusion initiatives into their core strategy. By prioritizing employee well-being and championing professional development, these companies have been able to tap into a pool of committed talent to explore new ventures and pave the way for continuous improvement and growth.

Applicants are evaluated by an independent judging panel made up of representatives from the program’s sponsors in addition to special guest judges. The Best Managed Companies of 2022 share commonalities that include (but are not limited to) putting their people and culture first, focusing on their ESG strategies, and doubling down on accelerating digitalization.

“We at Equipment Sales & Service Limited are honored to be named one of Canada’s Best Managed Companies again this year. The particular achievement of our staff over the past year at Equipment Sales & Service has been to deliver a record year in the face of not only the lingering pandemic, but also formidable supply and availability issues. Through their ingenuity and hard work, our employees have increased their sales, margins and market share. I would like to recognize, thank and congratulate each of them,” said Morgan Cronin, President, Equipment Sales & Service Limited.

“The pandemic has changed the way businesses operate, and these winners have responded by transforming and pivoting their businesses to lead the way forward,” said Dino Medves, Senior Vice President and Chief Services Officer. CIBC Commercial Banking.

The 2022 winners of Canada’s Best Managed Companies award will be honored at galas across the country. The virtual Best Managed Symposium will address cutting-edge business issues that are critical to the success of today’s business leaders. The Best Managed program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group.

About Canada’s Best Managed Companies
Canada’s Best Managed Companies continue to be the hallmark of Canadian-owned and managed companies with revenues exceeding $50 million. Every year since the program’s launch in 1993, hundreds of entrepreneurial companies compete for this designation through a rigorous, independent process that assesses their skills and management practices. The awards are given out at four levels: 1) new winner of Canada’s Best Managed Companies (one of the new winners selected each year); 2) Winner of Canada’s Best Managed Companies (award recipients who reapply and successfully maintain 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 maintained their award for 4-6 consecutive years); 4) Platinum Club Member (winners who 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 Equipment Sales & Service Limited
Equipment Sales & Service Limited was founded in 1946 making it one of the oldest and most established equipment companies in Canada. Now in our third generation as a privately owned, family-owned company, ESS retains the flexibility to quickly respond to customer needs and keep pace with our rapidly changing global economy. ESS is proud to offer our customers a personalized standard of service based on our traditional values ​​of hard work, integrity and shared responsibility. In addition to our heavy equipment sales, ESS is one of Canada’s largest national service providers, supporting all brands of machinery with factory-trained service technicians and the nation’s largest parts inventory. original parts, wearing parts and spare parts. Our commitment to customer service goes hand in hand with our commitment to ESS employees. Our safety policy and staff training programs are designed to keep ESS staff healthy, productive and at the top of the equipment maintenance professions.

For more information please contact:
[email protected]
www.betterruncompanies.ca

Media Contacts
Morgan Cronin
President, Equipment Sales & Service Limited
416-249-8141
www.essltd.com

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