THREE YEARS IN A ROW as LUMINOR Environmental Inc. Receives the Deloitte Fast 500 and Deloitte Fast 50 Awards
Guelph, ON (November 8, 2023)— LUMINOR Environmental Inc. today announced it ranked 469 on the Deloitte Technology Fast 500™. LUMINOR is also recognized as a winner in the Clean Technology category for the 2023 Deloitte Technology Fast 50 program.
The Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022.
The Clean Technology award, a part of the Technology Fast 50 program, recognizes Canada’s top clean innovators providing processes, goods or services that reduce environmental impacts. The winning companies are ranked by their revenue-growth percentage over their last four years of operation.
Locally owned and operated Guelph manufacturing company, LUMINOR Environmental Inc. creates ultraviolet water treatment products for residential and commercial use and is one of the top suppliers in the industry with their systems shipped internationally to more than 60 countries worldwide.
LUMINOR Environmental Inc.’s CEO & President, Brock Lupal, credits the hard work and industry leading technology with the company’s revenue growth.
To recognize this successful achievement, LUMINOR will be celebrating with their employees as a thank you for the work they have done over the past years to get to this point.
About LUMINOR Environmental Inc.
LUMINOR is a Canadian corporation specializing in ultraviolet disinfection solutions, LUMINOR designs, engineers and assembles all their products in Canada. With product solutions for whole home, light commercial, commercial/industrial, and municipal, LUMINOR provides a “one-stop” solution for all your water treatment needs.
About the 2023 Deloitte Technology Fast 500™
Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022. To be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About the Deloitte Technology Fast 50™ program
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating its 26th anniversary, the program recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise—Industry leaders, Clean Technology, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada. The 2023 program sponsors include Deloitte, RBCx, Osler, EDC, CCI, TMX, Clarity, and Lafond. For further information, visit www.fast50.ca.
PRESS RELEASE: APRIL 12, 2023
GUELPH, ON APR 12, 2023 - Brock Lupal, President & CEO of LUMINOR Environmental Inc. (“LUMINOR”), is pleased to announce that on April 6, 2023, TerraNova Partners LP ("TerraNova") made a growth investment in LUMINOR. Myron Lupal, founder, and former CEO will remain engaged as a strategic advisor to the business, shareholder and as a member of the Board of Directors.
LUMINOR is a leading manufacturer of UV water disinfection systems, focused on serving residential, commercial, light industrial and municipal customers in over 55 countries around the world. LUMINOR holds industry leading international certifications and has strong and growing relationships with many of the global leading water treatment companies.
"LUMINOR has been a dream come true to build and grow since it's founding in 2010. The development of innovative products and growing relationships with our customers is a source of pride and an experience I will cherish going forward. Looking ahead, I am confident Brock and TerraNova will enhance LUMINOR’s legacy and continue to deliver best-in-class water treatment products," said Myron Lupal.
"LUMINOR is an exciting company known for its innovative UV systems, reliability and exceptional customer service," said Anthony Sigel, a Partner at TerraNova. "We look forward to building on the solid foundations built by Myron, Brock and the entire LUMINOR team, and will strive to continue to deliver best-in-class products and services to its customers."
Brock Lupal, President & CEO, added, "LUMINOR has experienced extraordinary growth as increased awareness of the global drinking water safety crisis has led to heightened awareness and accelerating demand for UV water disinfection systems. With Terranova’s support, LUMINOR and LUMINOR’s customers, suppliers and employees will benefit from an increased focus on growth, innovation, deep industry relationships and an even stronger balance sheet."
About TerraNova Partners LP:
TerraNova Partners LP is an operationally focused family office that seeks to partner with excellent people and invest in companies with strong growth prospects. TerraNova has offices in Toronto and New York. For more information visit: www.terranovapartners.com.
About Brock Lupal:
Brock Lupal joined LUMINOR in May 2016. Brock has 8+ years of experience in the water industry and has had progressive roles at LUMINOR, principally focused on sales, innovation, and operations. Brock holds a B. COMM degree from Carleton University.
For further information:
Brock Lupal, President & CEO, LUMINOR Environmental Inc., 519-837-3800 x223, firstname.lastname@example.org
Anthony Sigel, Partner, TerraNova Partners, 416-644-6000 x300, email@example.com