Vendasta Technologies Ranks No. 100 on the 2017 PROFIT 500

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Canadian Business unveils 29th annual list of Canada’s Fastest-Growing Companies

Vendasta ranked #100 on the 2017 PROFIT 500

Canadian Business and PROFIT today ranked Vendasta at No.100 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Vendasta made the 2017 PROFIT 500 list with five-year revenue growth of 720%. “It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”

Brendan King, Vendasta’s CEO is excited to receive another PROFIT 500 ranking for the second year running. He says, We are honored to be ranked for the second year in a row amongst Canada’s fastest growing companies. Our revenue growth is a testament to the innovation and drive our employees exhibit by building software that solves our customers’ biggest problems. Our revenue growth is reflected and multiplied many times over in the growth of the revenue that our 1,100 plus partners earn worldwide selling to over 670,000 local businesses with our platform.”

Vendasta has a rapidly growing partner network and proven sales channel for selling digital marketing solutions to local businesses. They are now integrating other third-party applications through their marketplace of re-sellable solutions to service the billion-dollar SMB digital marketing and advertising industry.

About the PROFIT 500 For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.

About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country's premier media brand for executives and senior 5
business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.

About Vendasta
Vendasta is the #1 platform for agencies selling digital solutions to local businesses. By offering a marketplace of rebrandable products and services and an automated marketing system, agencies are empowered to acquire, retain, and grow their client base. Over 1,100 resellers use the Vendasta platform to sell to 670,000 local businesses around the world. Vendasta has been named one of the 50 fastest growing technology companies in Canada and one of the top 500 fastest growing in North America by Deloitte the past two years in a row. Vendasta has also been listed on the Canadian Business Magazine’s Profit 500 for the second year running. For more information, visit https://www.vendasta.com.

Media Contact Information:
Catriona Barcoe
Marketing Coordinator
+1 306 955 5512 ext. 153
cbarcoe@vendasta.com

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Catriona Barcoe
Vendasta Technologies
+1 306-955-5512 Ext: 153
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Catriona Barcoe
Vendasta
3069555512 153
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