Press release

Galvanize Named One of Canada’s Best Managed Companies for Second Consecutive Year

Sponsored by Businesswire

Galvanize, the global leader in SaaS governance, risk, and compliance (GRC) software, has been awarded the prestigious Canada’s Best Managed Companies designation for the second year in a row. The award, which recognizes Canadian-owned and managed companies for innovative, world-class business practices, is given in acknowledgment of the company’s commitment to growing and nurturing its workforce, as well as its overall business performance.

“We are very proud to be named one of Canada’s best managed companies for the second year in a row,” said Laurie Schultz, chief executive officer, Galvanize. “This award reflects our core priorities of mobilizing talent, empowering customers, and delivering sustainable growth, which drive our continued success.”

The designation follows a year of transformative growth for Galvanize, which has propelled the company toward its goal of consolidating the GRC category. After announcing the acquisition of Rsam, an analyst-recognized leader in IT, vendor, and security risk management, in early 2019, the company rebranded from ACL to Galvanize that spring. The company also announced the appointment of former Avalara growth leader Pascal Van Dooren as chief revenue officer in October of 2019, further strengthening Galvanize’s leadership. A proud anchor tenant of the Canadian tech industry, Galvanize operates globally with offices in Vancouver, Tokyo, London, Singapore, Sydney, Bangalore, and New Jersey, enabling customers in over 130 countries.

“Today, we’re witnessing a foundational shift in organizational mandates toward total stakeholder impact,” said Keith Cerny, chief people officer, Galvanize. “More businesses are realizing that diversity and inclusiveness, fair and ethical practices, supporting the community, protecting the environment, and responsible financial performance are prerequisites to productivity and growth. At Galvanize, it’s our vision to help create this future by being the operating system of these conscious organizations.”

Applicants of Canada’s Best Managed Companies are evaluated by an independent judging panel comprised of representatives from program sponsors, in addition to special guest judges. 2020 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability, and commitment to talent.

2020 winners will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 1.

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About Galvanize:

Galvanize builds award-winning, cloud-based security, risk management, compliance, and audit software to drive change in some of the world’s largest organizations. We’re on a mission to unite and strengthen individuals and entire organizations through the integrated HighBond software platform. With more than 6,300 customer organizations in 130 countries, Galvanize is connecting teams in many of the Fortune 1,000 and S&P 500 companies, and hundreds of government organizations, banks, manufacturers, and healthcare organizations. Whether these professionals are managing threats, assessing risk, measuring controls, monitoring compliance, or expanding assurance coverage, HighBond automates manual tasks, blends organization-wide data, and broadcasts it in easy-to-share dashboards and reports. But we don’t just make technology—we provide tools that inspire individuals to achieve great things and do heroic work in the process.

About Canada’s Best Managed Companies:

Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. 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, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, visit

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