HomeStars Ranks No. 99 on the 2016 PROFIT 500

Fifth consecutive year for the online community

Toronto, ON – September 20, 2016: HomeStars has ranked 99 on the 28th annual PROFIT 500 ranking of Canada’s Fastest-Growing Companies by Canadian Business and PROFIT. Reporting a five-year revenue growth of 751 percent, this is the fifth consecutive year that the online community has been recognized.

“Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe.”

Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country’s most successful growth companies. A joint venture between Canada’s premier business media brands, the PROFIT 500 is published in the October issue of Canadian Business and online at PROFITguide.com.

“When it comes to improving and growing our business, the needs of homeowners have always driven those decisions,” says Nancy Peterson, CEO and Founder of HomeStars. “We are thrilled to be recognized by the PROFIT 500 and as a trusted resource for Canadians, we look forward to continuing to offer the best level of service for homeowners.”

In addition to the PROFIT 500, the company has previously been ranked in the HOT 50: Canada’s Emerging Growth Companies. HomeStars’ CEO Nancy Peterson has also been recognized in PROFIT/Chatelaine W100: Canada’s Top Female Entrepreneur for the fifth consecutive year coming in at No 45 in 2016.

About HomeStars

HomeStars is a free service helping homeowners find reputable renovators, repairmen and retailers through its database of two million companies and hundreds of thousands of reviews. Homeowners write reviews based on their home improvement experiences – both good and bad – helping build a collective knowledge base that is invaluable in helping homeowners make better hiring decisions. HomeStars has a dedicated team of analysts who validate every review before it is published. A trusted resource since 2006, HomeStars has grown to be the leading online community of homeowners and home improvement companies in Canada. To learn more, visit www.homestars.com or check them out on Facebook or Twitter.

About PROFIT and PROFITguide.com

PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 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 achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, 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. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.