E.B. Horsman & Son Named One of Canada’s Best Managed Companies for 2024 – Our 15th consecutive time!

Surrey, BC – May 14, 2024 – E.B. Horsman & Son (EBH), one of the fastest-growing, employee-owned full-line electrical distributors in Western Canada, announced today that it is a 2024 winner of Canada’s Best Managed Companies Platinum Club designation, having retained its Best Managed designation for fifteen consecutive years.

E.B. Horsman & Son was recognized for overall business performance and sustained growth as part of the prestigious Canada’s Best Managed Companies program. The 2024 Best Managed program award winners are amongst the best-in-class of Canadian-owned and managed companies, demonstrating leadership in the areas of strategy, capabilities, innovation, culture, commitment, and financials to achieve sustainable growth.

Now in its 31st year, Canada’s Best Managed Companies remains one of the country’s leading business awards program, recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

EBH continues to be an agile and adaptive culture founded on the guiding principles of our core values. We have an Employee Share Ownership Program and high employee engagement, which contributes to an environment where empowered teams work collaboratively on our strategic plans and investments in digital business enablement. An enhanced digital experience for employees and customers included a Digital training platform which helped our employees grow personally and professionally resulting in improved customer service. An initiative that saw the expansion of an Industrial Services Group will move our company in a new direction to better support our Industry in Western Canada.

“Over the past year, companies such as E.B. Horsman & Son have continually adapted and successfully responded to challenges, seized new opportunities, and leveraged industry leading competencies to maximize their investments and drive sustainable growth,” said Lorrie King, partner at Deloitte Private and Co-Leader for Canada’s Best Managed Companies program. “By demonstrating an increased focus on environmental, social, and governance themes, these winners have set the standard of excellence for Canada’s business ecosystem.”

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2024 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies, and doubling down on accelerated digitization.

“I’m thrilled that E.B. Horsman has been recognized for the fifteenth consecutive year as one of the Best Managed Companies in Canada. Our commitment to maintaining and enhancing our culture through adherence to our core values has been key to our success. We focus on thoroughly understanding the needs of our customers, employees, and stakeholders as we lead our teams in strategizing and executing important initiatives,” stated Tyson Carvell, VP of Marketing at E.B. Horsman & Son. “By embracing innovation in the dynamic field of electrical distribution, we have positioned ourselves as industry leaders. This achievement is acknowledged by a prestigious program that is highly regarded by our customers, employees, and peers.”

“Exploring new avenues for the advancement of tomorrow, this year’s Best Managed winners displayed courage, resourcefulness, and creativity,” said Derrick Dempster, Partner at Deloitte Private and Co-Leader for Canada’s Best Managed Companies program. “We’re extremely proud to highlight the impressive achievements of companies such as E.B. Horsman & Son in a rapidly evolving business world. Their exceptional accomplishments leave you feeling inspired, celebrated, and connected.”

The Best Managed program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed 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.

About E.B. Horsman & Son

Founded in 1900, E.B. Horsman & Son (EBH) is the largest independent, employee and family-owned electrical distributor in Western Canada. Headquartered in Surrey, British Columbia, EBH operates from 20 branches, 2 corporate offices, and 2 distribution centres in South Surrey and Northwest Edmonton. EBH provides an extensive range of electrical, industrial, lightingdata communicationsautomation, controls, motion, & process instrumentation products, complemented by specialized services such as technical support, training, and inventory management. Recognized as one of Canada’s Best Managed Companies, EBH is committed to excellence in serving its customers. For more information, visit www.ebhorsman.com or email info@ebhorsman.com.

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