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Press release

04. 05. 2021

Adastra Named One of Canada’s Best Managed Companies For 16th Consecutive Year

Toronto, ON - May 5, 2021: Adastra, a leading player in the Data and Analytics space, has been recognized as a Platinum Member of Canada’s Best Managed Companies for the organization’s overall business performance and sustained growth.

This award reinforces Adastra’s position as a best-in-class company that has demonstrated leadership in the areas of strategy, innovation, culture, and commitment to both its employees and clients. This year, contenders for the Best Managed Companies award were also evaluated on their commitment to employee health and well-being and overall social responsibility.

“During the last year, we invested strategically in building tailored solutions to address our clients’ critical pain points,” said Darren Edery, CEO of Adastra Corporation. “We focused on delivering Digital Transformation solutions to help our clients become more resilient in the face of drastic market conditions, extract more value from their data with advanced analytics, and make their business processes more robust with digital solutions. With a spectrum of end-to-end services at the forefront of our strategy, we fortified ourselves and our clients against market volatility, and built a foundation for lasting success.”

“To become a Best Managed Platinum Club winner is nothing short of remarkable. Their continued adaptability in an era of uncertainty sets the standard for how to overcome new barriers and demonstrate resilience at the highest levels,” said Peter Brown, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s Platinum Club winners are the Canadian cornerstone for outstanding business in 2021.”

Going into our 16th consecutive year as a member of Canada's Best Managed Companies, Adastra continues to wear this badge with pride. The impact of this designation is widespread across all areas of our business, through client confidence, employee pride and global awareness,” said Edery. “With the Best Managed Companies award attesting to our services and skills, our clients feel assured that they can entrust us with their most valuable assets – their data and technology systems. The recognition also garners the confidence of our enterprise partners, such as Microsoft, Google, and AWS, and establishes us as a trusted, talented organization that pushes the boundaries of innovation and Digital Transformation.”

“The past year has posed numerous challenges for Canadian businesses and has touched each and every one in some form or another—including this year’s Best Managed winners,” Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “They should be extremely proud of this designation and use it as a catalyst to continue the work they do each and every day. Their unwavering commitment to their people, and their adaptability amid a year of turmoil, has led them to this achievement and it mustn’t go unnoticed.”

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 Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group. Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges.

About Adastra

Since 2000, Adastra has been helping global organizations accelerate innovation, improve operational excellence, and create unforgettable customer experiences, all through the power of their data. By providing cutting-edge Artificial Intelligence, Big Data, Cloud, Digital and Governance services and solutions, Adastra helps enterprises leverage data that they can control and trust, connecting them to their customers – and their customers to the world.

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 Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.