#Canada #Montreal #Gold Standard #Averna #Canada's Best Managed

Averna Achieves Prestigious Recognition

Averna, a prominent global provider of test and quality solutions, has once again made headlines by being awarded the title of one of Canada’s Best Managed Companies for the year 2025. This recognition marks the fifth consecutive year that Averna has maintained its esteemed Gold Standard status. Having first received this accolade in 2020, Averna continues to demonstrate excellence in various aspects of its operations.

The accolades granted by the program are a testament to Averna’s sustained effective performance and remarkable business strategies. The Canada's Best Managed Companies program, which has been running for over three decades, acknowledges private Canadian companies boasting annual revenues of $50 million or more, celebrating those who excel in areas such as strategy, culture, innovation, and financial governance.

François Rainville, the President and CEO of Averna, expressed immense pride in the team’s dedication, emphasizing that the company’s ethos—founded on diversity, strong customer orientation, teamwork, relentless determination, and constant innovation—is fundamentally responsible for their continued success. Underlining their commitment to environmental responsibility, Rainville noted that as Averna expands its global footprint, it simultaneously strengthens its ESG initiatives that align with the vision of a positive future.

The program’s rigorous evaluation process involves a thorough examination of each company’s management practices and capabilities by an independent panel of judges representing the program’s sponsors, which include notable organizations like Deloitte and TMX Group. Companies competing for this prestigious recognition must display an unwavering commitment to fostering a people-centric culture, strategic business frameworks, investing in innovative technologies, and maintaining financial resilience.

Averna’s persistent high performance and significant presence in a rapidly evolving technological landscape can be directly linked to the agility of its talented personnel across 11 countries. With a workforce of approximately 1,100 employees, Averna thrives on a relentless pursuit of innovation and market success. The overarching goal is to establish Averna as a global leader in providing integrated engineering, testing, and quality solutions, thereby enhancing product quality and accelerating time-to-market for its clientele in various sectors including aerospace, automotive, healthcare, and more.

The cohort of 2025's Best Managed Companies reflects shared themes such as nurturing a people-centered culture, strategically applying business frameworks, investing in technology and innovation, and upholding solid governance practices. These attributes collectively enhance the Canadian economy by promoting sustainable growth, increasing competitiveness, and fostering a vibrant business ecosystem.

According to Lorrie King, a partner at Deloitte Private and the Global Leader of Best Managed Companies, achieving this level of recognition signifies a notable contribution to the Canadian business landscape. She noted that companies like Averna, which consistently achieve such high standards, exhibit adaptability, strategic acumen, and remarkable foresight to flourish amid competitive pressures.

About Canada's Best Managed Companies

Canada’s Best Managed Companies remains the hallmark of excellence for privately-owned and managed Canadian companies. Since the program’s inception in 1993, countless entrepreneurial firms have strived for this designation, which evaluates their management capabilities through a rigorous independent review. Awards are granted on four levels: newcomers, retained winners, Gold Standard winners, and Platinum Club members who have maintained their status for an extended period.

The program's sponsors, including prominent firms such as CIBC and The Globe and Mail, are integral to its success.

About Averna

Founded in 1999, Averna provides integrated test and quality solutions and collaborates with product designers, developers, and manufacturers to enhance product quality. With a software-driven approach and a commitment to quality, Averna has made significant strides globally, presenting avant-garde solutions reflecting their expertise in various critical sectors. Averna holds numerous industry certifications, including ISO 9001:2015, and is dedicated to driving customer success while adhering to stringent regulatory requirements.

For additional information, please visit www.averna.com.