Two Dallas Companies Make Deloitte and Wall Street Journal’s Second Annual U.S. Best Managed Companies List

Out of the 49 private businesses that made the list, only two came from Texas—and both are Dallas companies.

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Associa and The Beck Group have more in common than being headquartered in Dallas. Both made Deloitte Private and Wall Street Journal’s US Best Managed Companies list and have been on it for two consecutive years.

To make the list, the company has to be private, generate at least $250 million in annual revenue, and excel in strategy, execution, culture, and financials.

The honorees were chosen by a panel of judges in March based on this criteria, who especially considered the four key areas of excellence, as well as how the companies’ management teams have performed amidst change, according to a statement. As part of making the list, the companies receive access to a global community of business leaders and marketplace recognition.

“These businesses are led by visionary and innovative management teams throughout the country and across industries. Their resilience and sustained commitment to their purpose, particularly throughout the COVID-19 pandemic, is inspiring,” Jason Downing, vice chairman, Deloitte LLP, and U.S. Deloitte Private leader, said in a statement.

Meet the Dallas companies that made the grade

Among the honorees is Associa, which provides its offerings to almost five million homeowners worldwide. The Dallas-based business has been around for over 40 years and has positioned itself as the industry’s largest community management company, according to a statement.

When Associa made the list last year, the company viewed it as a culmination of its eight-year strategic plan, Vision 2020. The plan was originally created in 2012 to transform the company from a collection of acquisitions into a unified enterprise with a focus on using industry-leading tech to develop a more efficient business model, establish a world-class brand, and offer best-in-class training and development.

The company has continued to grow since then, recently announcing Associa Financial Solutions, Inc., a client service created to assist association boards in managing the HOA loan process from beginning to end.

It has also partnered up with Patriot PAWS Service Dogs on a service dogs awareness initiative. Through the partnership, Associa plans to spread the message of the need and role that service animals have in communities.

“During the uncertainty of the past year, our dedicated employees played a crucial role in successfully and safely delivering one-of-a-kind services to our clients and supporting our communities across North America,” John Carona, Associa chairman and CEO, said in a statement. “Together, we led our industry, overcame unforeseen obstacles, and emerged a stronger team.”

The Beck Group also made the news recently as a finalist in D CEO’s 2021 Commercial Real Estate Awards. Chad Schieber, The Beck Group’s chief marketing officer, was a key player in the AT&T Discovery District in Downtown Dallas. The project is among the four finalists in D CEO’s Best New Mixed-Use category.

The AT&T Discovery District project is The Beck Group’s bread and butter as one of the largest design-build firms in the United States. The Dallas-based firm offers planning, architecture, construction, interior design, sustainability, and technology consulting services across market sectors including education, aviation, mixed-use and retail, and health care.

On making the US Best Managed Companies list, The Beck Group CEO Fred Perpall said, “We are grateful to have earned this acknowledgment again, especially given the challenges brought on by the pandemic. We learned through this process that we remain passionate about the work we do, and that will never waver.”

The Deloitte Private branch of audit, consulting, tax, and advisory services firm Deloitte teamed up with the Wall Street Journal for the second annual list. You can find the 2020 inaugural cohort here.

Deloitte is a sponsor of Dallas Innovates.

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