Vancouver, BC (May 15, 2024) – The Universal Group (UG), a leader in traffic management and control services, is thrilled to announce its requalification as a winner of the prestigious 2024 Canada’s Best Managed Companies award. This recognition, for the second year in a row, underscores the company’s continuous dedication to excellence in management practices and business performance.
2024’s Best Managed Companies have exhibited an unwavering commitment to best practices in strategy, capabilities, commitment, and financial strength. The Universal Group has demonstrated remarkable resilience and adaptability, navigating economic challenges while maintaining a strong commitment to innovation and sustainable growth. “We are incredibly proud to receive this recognition again as it reflects our team’s hard work and dedication. This award reaffirms our resolve to not only meet but exceed the highest standards of business excellence,” said Michael Menzies, CEO of The Universal Group.
This year, The Universal Group continued its growth trajectory by focusing on strategic acquisitions, enhancing digital capabilities, and upholding robust safety and quality standards. The company has also deepened its engagement with local communities, including strengthening ties with Indigenous communities, and has prioritized diversity and inclusion within its leadership ranks.
Derrick Dempster, Partner at Deloitte Private and Co-Leader of Canada’s Best Managed Companies program, praised the winners, saying, “This year’s winners, including The Universal Group, have shown incredible foresight and agility in a dynamic business environment. Their dedication to not just surviving, but thriving, by continuously adapting and innovating is what makes them stand out.”
The Best Managed program, sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group, is a mark of excellence for Canadian-owned and managed companies with outstanding business performance. The Universal Group’s sustained success is a testament to its robust management capabilities, strong corporate values, and strategic vision.
About The Universal Group
The Universal Group is the largest traffic management and control services provider in Canada with over 2000 employees. Universal provides traffic control personnel, lane closure services, traffic control equipment, traffic management plans, sign manufacturing and other services. The company is headquartered in Langley, British Columbia with locations across British Columbia,Alberta, Ontario, Québec and Washington State. For more information, visit www.theuniversalgroup.ca.
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