Canadian-grown company leads its industry as the only full-service security company to achieve Gold Standard Winner
Toronto, ON – March 9, 2016 – Paladin Security was named one of Canada’s Best Managed Companies, Gold Standard Winner, for excellence in business performance.
The Best Managed program recognizes Canadian-owned and managed companies with revenues over $10 million demonstrating sound strategy, operational capability and commitment to achieve sustainable growth. Paladin Security is the only full-service security company to be recognized by the program.
With growth and technological advances, Paladin Security remains true to the people behind its dominating brand. Paladin Security CEO, Ashley Cooper, spoke about the award, sharing, “This award is a testament to the fact that we are living up to our corporate mission – we provide our clients with the finest security services and products available in the marketplace and we make a strong commitment to our people. The outcome is a brand that that has endured for 40 years and continues to grow and make a positive impact in the community.”
Ted Reid, Paladin Security Systems Ltd's President and the group's CFO commented, "Winning Canada's Best Managed Award involves a thorough review of our strategy, commitment, capability and financial stability by the leading business professionals on the judging panel. To be recognized for this Award at the Gold Standard level, is a true endorsement of the positive client outcomes our dedicated 8,000+ employee base achieves each day. Personally, I couldn't be prouder of our organization with this latest milestone."
“CIBC congratulates Paladin Security on being named one of Canada’s Best Managed Companies – a reflection of its strong leadership, sound business planning and focus on growth,” said Jon Hountalas, Executive Vice-President, Business and Corporate Banking, CIBC. “We’re proud to celebrate this outstanding achievement and applaud the entire team for their contributions to the Canadian marketplace.”
The 2015 winners of the Canada’s Best Managed Companies award, along with Requalified, Gold Standard, Gold Requalified winners and Platinum Club members will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 12, 2016. 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.
About Paladin Security
Paladin Security was established in 1976 to provide basic security officer services. From humble beginnings with four employees and one contract, Paladin has grown into the largest privately-owned full-service security company in Canada, offering unmatched security solutions for clients. Paladin has been one of the fastest growing companies in Canada over the past 20 years and the success is a direct result of its strong corporate culture. The company’s belief in promotion from within, coupled with a strong record of growth, has enabled the company to provide clients with the finest security services and products available in the marketplace. For more information, visit www.paladinsecurity.com
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 $10 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 five levels: 1) Best Managed winner (one of the new winners selected each year); 2) Requalified member (repeat winners retain the 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 reapplied for the designation); 4) Gold Requalified member (Gold Standard winners may requalify for two additional years, subject to annual operational and financial review); 5) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca
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