Ocuco has been named as one of Ireland’s Best Managed Companies. The eyecare solutions company, which demonstrated superior business performance for the sixth consecutive year, was recognized at an awards ceremony in Dublin. The awards program is led by Deloitte Ireland, in association with Bank of Ireland.
Commenting on the award, Leo Mac Canna, Ocuco CEO, said: “We are deeply honored to be awarded as one of Ireland's Best Managed Companies for the sixth year, a credit to our dedicated team and every Ocuco employee. Thanks to Deloitte and Bank of Ireland for this remarkable event. The investment we received this year from Accel-KKR validates our strong performance and financial stability, empowering us to support eyecare businesses worldwide.”
In August, Ocuco secured a €60 million investment from Accel-KKR, a tech-focused private equity firm. This funding will accelerate Ocuco's global expansion, supporting the eyecare industry's omnichannel demands through Acuitas 3 OmniChannel Edition, Ocuco's cloud-based solution.
This year at the 15th annual awards ceremony, Deloitte recognised 130 indigenous companies representing 24 of the 32 counties across the island of Ireland. The Deloitte Best Managed Companies program, in association with Bank of Ireland, promotes excellence in Irish and Northern Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business’ performance from every perspective. A detailed judging process evaluates the entire management team and business strategy beyond financial performance at areas such as a company’s environmental, social and governance standards, strategic planning and talent strategy.
Brian Murphy, Lead Partner for Ireland’s Best Managed Companies Awards Programme at Deloitte Ireland commented: “This year, we’re celebrating 15 years of the BMC program and the incredible companies that have qualified. Even though this year’s cohort faced into another challenging period, we’ve seen how indigenous Irish businesses find opportunities in change. Strengthening governance and recognizing the value of specialist expert advice on critical areas such as ESG were key discussion points in the coaching sessions. We also saw companies increasingly focused on innovation driving internationalization”.
Nikki Canavan, Senior Director, Head of Origination & Sustainability, Corporate Banking Ireland, and judging panel member, stated: “Over the last number of years the companies in the Best Managed Companies network have shown huge strength in the face of disruption and uncertainty. This year in particular – a year that tested Irish businesses like never before – the judges noted the commitment, bravery, resilience and tenacity of the applicant companies.”