HGreg Named One of Canada’s Best Managed Companies

SAINT-EUSTACHE, Quebec--(BUSINESS WIRE)--HGreg has been named a 2021 winner of the Canada’s Best Managed Companies program, a national designation that recognizes companies that have excelled in areas of strategy, innovation, financials, culture and commitment to achieving sustainable growth. The 2021 Best Managed program award winners are among the best-in-class of Canadian owned and managed companies with revenues exceeding $25 million. Now in its 28th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices.

“Receiving this award is a significant achievement, especially during times such as these,” says John Hairabedian, president and CEO of HGreg, one of the fastest growing automotive groups in North America. “It’s a testament to the good work of associates and a sign that we’re living up to our mission of redefining the car buying experience.”

The past year has been one of innovation and growth for HGreg – branded as HGrégoire in Quebec, HGreg.com in the U.S. The company recently expanded into the west coasts of Florida (Tampa) and the U.S. (Los Angeles), earned the titles of best-selling Nissan dealership in both Canada and the U.S. and started accepting payment by cryptocurrency.

Applicants of Canada’s Best Managed Companies program are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2021 Best Managed companies share commonalities that include enabling a remote workforce, making employee health a top priority, acting with an increased sense of purpose and social responsibility, and a significantly heightened focus on cash flow.

2021 winners of the Canada’s Best Managed Companies award will be honoured at a virtual gala. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders. The Best Managed program is sponsored by CIBC, Canadian Business, Smith School of Business and TMX Group.

About HGreg

Founded in 1993, HGreg- which includes both HGregoire and HGreg.com- is committed to simplifying the car buying process through its core values of excellence in customer service, transparency, smart use of technology and a refreshing customer-focused philosophy. Supported by a passionate team of more than 1,900 car lovers, HGreg operates 32 dealerships in North America, including 20 in Quebec, offering both pre-owned and new vehicles. For more information visit hgregoire.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 $25 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 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 CIBC, Canadian Business, Smith School of Business, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.