Montreal, Quebec ─ May 5, 2021 ─ It’s a three-peat. SFM has once again been named one of Deloitte Canada’s Best Managed Companies for 2021, its third year participating in the program. Established in 1993, Canada’s Best Managed Companies is the leading business awards program and is open to Canadian-owned, private businesses as well as businesses with Canadian-based headquarters. The program recognizes excellence in the following areas: overall business performance and sustained growth, and the efforts of the entire organization. Beyond that, the program measures more than financial performance.
Applicants are evaluated against four pillars to determine whether they qualify as a Best Managed Company:
- Culture and Commitment
- Capabilities and Innovation
- Governance and Financials
With a business model centered around providing customized go-to-market solutions to global brands within the audiovisual (AV), live entertainment, and media production industries, SFM maintains a portfolio of 70 brands, holding exclusive Canadian distribution rights for top-tier brands like QSC, Shure, and Pioneer DJ.
2020 was a very challenging year. It was a year that tested business decisions, digital presence, technological capabilities and so much more. Through the pandemic, SFM has learned to adapt to these demands and quickly pivot to allow the company to navigate the unknown. This resulted in a solid foundation for the business, its customers, and employees–while creating a workplace that’s collaborative, empowering, and flexible.
Randal Tucker, President & CEO of SFM has been at the helm for over 13 years. “Earning this recognition for the third year in a row is an ongoing testament to the grit and determination of everyone at SFM. This past year has been extraordinarily difficult for everyone, both personally and professionally. Faced with unprecedented challenges almost every day, the resilience and commitment shown by everyone on our team has been nothing short of remarkable. And what we’ve been through together over the past year has only made us stronger. Receiving this recognition, the first two times certainly felt special, but to be once again recognized as one of Canada’s Best Managed companies in the current business environment feels even more so.”