National childcare firm plays with the big kids in 20th annual PROFIT 100
TORONTO, June 9 /CNW/ - Kids & Company, Canada's leading provider of
corporate-sponsored childcare, has ranked No. 1 on the 20th annual PROFIT 100
ranking of Canada's fastest growing companies. Published in the June issue of
PROFIT magazine, the PROFIT 100 ranks revenue growth over five years. Markham,
Ontario-based Kids & Company demonstrated revenue growth of over 12,000 per
cent in five years and grew from just five employees in 2002 to 370 in 2007.
"We're thrilled that Kids and Company has been recognized as the
Fastest-Growing company in Canada by one of Canada's premier business
magazines," says Victoria Sopik co-founder and CEO of Kids & Company. "Five
years ago, we identified a need to help Canada's business sector offer
childcare to working parents. Today, we have 23 locations in Canada and 150
"The PROFIT 100 recognizes and celebrates entrepreneurial excellence in
Canada," says editor Ian Portsmouth. "These companies have succeeded by
meeting emerging market needs, creating innovative ways to do business and
never hesitating to expand beyond our borders."
Based on a unique model, Kids & Company opens and operates high-quality
daycare centres and then partners with corporate clients who wish to add
childcare assistance to their suite of employee benefits. The companies then
offer guaranteed full-time, part-time or emergency childcare to their
employees, either on-site or close to the workplace. For clients, offering
these services to employees is a key benefit when competing for top talent.
Parents can return to work after maternity leave, or accept a company transfer
to a place like Calgary, without any of the hassles associated with finding
"Safe, nurturing and reliable childcare is the number one concern of
working parents," says Sopik. "More and more organizations are realizing that
helping their employees balance their work and home life pays off in terms of
recruitment, retention and loyalty."
Kids & Company also offers additional work-life balance services and
solutions by providing corporate partners with access to 24-hour childcare,
eldercare assistance and a meals-to-go program. Kids & Company will be opening
three more locations this summer in Calgary, Montreal and North York, Ontario.
About Kids & Company
Kids & Company works directly with family-oriented corporations to
develop progressive childcare options that help address employees' work-life
balance and productivity. By partnering with Kids & Company, top-tier
companies in the legal, financial and insurance sectors, are able to add
childcare assistance, including guaranteed full-time, part-time places and
emergency backup care, as well as eldercare and meals-to-go to their suite of
employee benefits. Co-founded by Victoria Sopik and Jennifer Nashmi in 2002,
Kids & Company now has 23 childcare centres across Canada. For more
information visit www.kidsandcompany.ca.
About PROFIT Magazine
PROFIT: Your Guide to Business Success, is Canada's preeminent
publication dedicated to the management issues and opportunities facing small
and mid-sized businesses. For more than 25 years, Canadian entrepreneurs
across a vast array of economic sectors have remained loyal to PROFIT because
it's a timely and reliable source of actionable information that helps them
increase their revenues, boost their profitability and get the recognition
they deserve for generating positive economic and social change. Published six
times a year by Rogers Publishing Ltd., PROFIT is distributed almost
exclusively to the chief executives of companies with 5 - 250 employees and
annual revenue of $1 million to $25 million, reaching more than 300,000
readers across Canada. Visit PROFIT online at www.PROFITmagazine.ca.
For further information:
For further information: Lauren Wolff, Palette PR, (416) 703-9859 ext.