CARSTAR named to Best Managed Companies for third straight year

Hamilton, Ontario — March 13, 2014 — CARSTAR Automotive Canada has re-qualified as one of Canada’s Best Managed Companies for the third year in a row. This prestigious award is presented by Deloitte and awarded to companies that excel in overall business strategies and sustained growth.

“This past year, we have grown across the network both in numbers and in vision. We challenged ourselves with ambitious objectives because we’re relentless in our pursuit of continuous improvement,” says Michael Macaluso, CARSTAR chief operating officer. “While our vision keeps us hungry, it is being humble that allows us to have such a great team, brand and customer base.”

A statement from CARSTAR says the network began 2014 with the same determination to sustain their growth and success that earned them the designation of Best Managed Company for 2011, 2012 and now 2013. In the past year alone, CARSTAR has grown from 170 stores to the 200 store milestone and has renewed over 40 long-term franchise agreements. This comes ahead of the year in which CARSTAR kicks off celebrations for their 20th anniversary in Canada.

“It is humbling to have our company recognized among so many leading Canadian businesses,” says Lisa Mercanti-Ladd, executive vice-president of CARSTAR. “Starting in 2014 and into 2015 we would like to continue our 20th anniversary celebration by achieving the Gold Standard for Best Managed Company.”

“Part of the reward of being among Canada’s Best Managed Companies is being able to thank our franchise partners and the 2,000 staff we employ across Canada for their contribution,” says Macaluso. “We also want to acknowledge our vendor and insurance partners, as they have been pivotal to the achievement of this honour.”

Established in 1993, Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies.The award is sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums.


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