Toronto, ON (September 14, 2017) Canadian Business and PROFIT today ranked UCIT Online number 282 on the 29th annual PROFIT 500. The publication is the definitive ranking of Canada’s Fastest-Growing Companies based on five-year revenue growth.
UCIT Online made the 2017 PROFIT 500 list with five-year revenue growth of 210%.
UCIT Online President Erik Mikkelsen said “In the past year UCIT Online’s continued focus on innovative technology, superior operations, and exemplary customer service has enabled us to continue our fast growth and dominate our marketplace. With our 2016 merger with U.S.-based Stealth Monitoring we are now the largest live video monitoring company in North America.”
“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” said 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.”
In October 2016, Auxo Management LP, a privately-held investment firm lead by Robert Cherun and President & Chief Revenue Officer Erik Mikkelsen invested in Stealth Monitoring, Inc., a Dallas, Texas-based video surveillance business focused on designing, installing and providing proactive remote video monitoring solutions to multi-family residential, commercial and industrial businesses across the United States.
Stealth and UCIT together are the largest independent provider of remote managed and monitored video solutions in North America. The service combines state-of-the-art surveillance technology with live video monitoring operators trained to proactively identify suspicious activity and deter live crimes in progress.
ABOUT UCIT ONLINE
UCIT Online is the leader in remote video surveillance in Canada and the U.S. with over 400 employees, 10 offices, and 3 live video monitoring control centers. UCIT proactive video monitoring watches over 16,000 security cameras nightly. Their security solutions feature advanced technology and processes and can help detect and deter crime while reducing security guard and other expenses. UCIT's remote monitoring service can reduce or even replace security guards at a fraction of the cost. A remote surveillance operator can see suspicious activity, activate a speaker warning, and call the local police. Call toll-free (866) 756-7847 or visit UCITonline.com.
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 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.
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