For the second year in a row, Business and Maclean’s has ranked Shearwater Research on the annual Growth 500, the definitive ranking of Canada’s fastest-growing companies. This year, Shearwater Research ranks 255 on a list of 500.
Produced by Canada’s premier business and current affairs media brands, the Growth 500 ranks Canadian businesses on five-year revenue growth, and Growth 500 winners are profiled in a special print issue of Canadian Business published with Maclean’s magazine and online at CanadianBusiness.com and Growth500.ca.
Shearwater made the 2019 Growth 500 list with a five-year revenue growth of 350 per cent. “It’s an honour to have Shearwater recognised during this vital time for the company,” Jim Hartt, Shearwater CEO, commented. “Last year, we launched the Teric, a new dive watch with cutting-edge computing capabilities for all forms of diving. The reception from the diving community far surpassed anything we could have imagined. As we grow and expand into new markets, Shearwater customers know their products are backed by our exceptional team. Shearwater has earned a trusted relationship with our customers that sets us apart from the competition, and we plan on continuing that reputation.”
“The companies on the 2019 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today,” says Beth Fraser, Growth 500 programme manager. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies programme, it’s encouraging to see that entrepreneurship is healthier than ever in this country.”