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Canada's Best Managed with number 10 with candles

Flanagan Foodservice named one of Canada’s Best Managed Companies for the 10th year in a row


Kitchener, ON – May 9, 2023 – Flanagan Foodservice was recognized for its industry-leading performance, its business practices, and its sustained growth by receiving the prestigious Platinum Club status as part of  Canada’s Best Managed Companies award.


Celebrating its 30th anniversary, 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, innovation, governance, and financial performance.


"Receiving the 2023 Canada's Best Managed Companies award for the 10th consecutive year is a testament to our unwavering commitment to excellence in every aspect of our business. Our success is the result of the dedication and hard work of our entire team, as well as our commitment to innovation, strategic planning, and financial performance,” says Dan LaFrance, President and CEO of Flanagan Foodservice.


“We are proud to celebrate the 30th anniversary of Canada’s Best Managed Company award along with an elite group of Canadian-owned companies that have demonstrated exceptional leadership in their industries. As we look to the future, we remain focused on our core values of quality, integrity, and customer service, and we will continue to drive sustainable growth and value for our customers, employees, and stakeholders," says Dave Iacobelli, Chief Commercial Officer of Flanagan Foodservice.


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.


“To become a Best Managed Platinum Club winner is a huge accomplishment,” says Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “Companies such as Flanagan Foodservice who attain this high standard of excellence demonstrate consistent resilience, versatility, and strategic acuity. Year after year, they thrive in a competitive and rapidly changing market. This year’s winners should take pride in attaining this prestigious award in recognition of their significant and ongoing contributions to Canada’s business landscape.”


The 2023 cohort of Best Managed companies shares common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.