TORONTO, May 14, 2024 /CNW/ - Mattamy Homes has again been recognized for its industry-leading performance, global business practices and sustained growth by receiving the prestigious 2024 Canada's Best Managed Companies award. Mattamy won its initial Best Managed award in 2020 and has successfully retained its status in the following four years, requalifying as a Gold Standard winner in 2024.

Celebrating more than 30 years, Canada's Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.

"The market and our industry have shifted quite dramatically in the last year, and at Mattamy there's really been a theme to our business approach, which is to find opportunity in any reality," says Brad Carr, CEO of Mattamy Homes Canada. "One of the things I love most about the Mattamy team is our collective ability to be nimble enough to react to whatever comes at us and capitalize on it. So, while there is uncertainty in the market, there is also certainty that our team is wired to take advantage. To again be named as one of Canada's Best Managed Companies amidst this rapidly evolving business environment is something we are all extremely proud of."

Canada's Best Managed Companies is one of the country's leading business awards programs recognizing innovative and world‑class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.

Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.

The 2024 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.

"For more than 30 years, the Best Managed program recognizes companies who see challenges as checkpoints and obstacles as opportunities," said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada's Best Managed Companies program. "This year's winners, including Mattamy Homes, have combined strategic expertise and a culture of innovation to not only drive impactful business outcomes, but serve their communities as well. They should be extremely proud of this designation and use it as a catalyst to continue the work they do every day."

Canada's Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. 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, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

Mattamy Homes is the largest privately owned homebuilder in North America, with more than 40 years of operations history across the United States and Canada. Every year, Mattamy helps 8,000 families realize their dream of home ownership. In the United States, the company is represented in 11 markets –Charlotte, Raleigh, Phoenix, Tucson, Jacksonville, Orlando (where its US head office is located), Tampa, Sarasota, Naples, Dallas and Southeast Florida – and in Canada, its communities stretch across the Greater Toronto Area, as well as in Ottawa, Calgary and Edmonton. Visit www.mattamyhomes.com for more information.

SOURCE Mattamy Homes Limited