HONOLULU – May 7, 2024 – Servco Pacific, Inc. (Servco) has been selected as a 2024 US Best Managed Company Gold Standard honoree. Sponsored by Deloitte* Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams. This Servco’s fifth consecutive year as a US Best Managed Company.
Honorees are selected by an external panel of judges who evaluate applicants based on strategy, ability to execute, culture, and governance and financial performance. The Gold Standard designation is awarded to companies who maintain winning status for at least four years.
“On behalf of the Servco ohana, we’re honored to once again receive this distinction,” said Peter Dames, president and CEO of Servco Pacific. “It’s a reflection of our strong team, who continue to embody our core values of respect, service, teamwork and innovation.”
US Best Managed Companies is part of a global Deloitte Private program. Servco joins a global Best Managed Companies community of over 1,400 organizations across 46 countries. For more information on the program, visit www.usbestmanagedcompanies.com.
About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.
About Servco Pacific
Founded in 1919, Servco Pacific Inc. is Hawaii’s largest private company with operations in the mobility and musical instruments businesses.
The company ranks among the top 15 automotive dealer groups in the U.S. with exclusive distributorships of Toyota, Lexus, and Subaru in Hawaii and is the largest Toyota dealer group in Australia.
Servco’s musical instruments businesses include Fender Musical Instruments Corporation, the iconic global maker of Fender, Gretsch, Jackson, Squier, and EVH guitars, basses, and amplifiers, the Fender Play app, and Presonus, a leader in music technology solutions.
Servco is an investor in mobility and music creation, including Hui Car Share, hydrogen-based mobility solutions, and Roland Corporation, manufacturer of electric keyboards, synthesizers, percussion and guitar amplifiers and sound effects.
The company was recognized as a 2023 US Best Managed Company and one of the “Best Places to Work in Hawaii” for 19 consecutive years. For more information, visit www.servco.com.
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*Please see www.deloitte.com/us/about for a detailed description of its legal structure.