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Prestige Home Improvement named #1 on Ottawa’s fastest-growing companies list for 2025

Prestige Home Improvement is Ottawa’s #1 fastest-growing company in 2025, with 982% growth—redefining HVAC with innovation, integrity, and customer-first service.
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Prestige Team
May 5, 2025
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5 min read
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We’re proud to share that Prestige Home Improvement has been ranked #1 on Ottawa’s Top 20 Fastest-Growing Companies list for 2025, with an incredible 982.78% revenue growth over the past three years. What began in 2022 as a bold vision to reshape the HVAC industry has now become the fastest-growing home improvement company in the region. This recognition is more than just a number, it reflects the trust our customers place in us, the hard work of our team, and our commitment to building something different in an industry ready for change.

A remarkable three-year growth journey (982.78% revenue surge)

Being named the fastest-growing company in Ottawa is a major milestone for Prestige Home Improvement. In just three years since its founding, the company’s revenues have nearly tenfolded, soaring by 982.78% – the highest growth rate among all businesses surveyed in the city. This accomplishment placed Prestige at the top of the Ottawa Business Journal’s 2025 list of fastest growing companies, underscoring the scale and speed of its growth. For context, the list measures revenue expansion over each firm’s most recent three-year period, meaning Prestige’s extraordinary climb was achieved in a very short timeframe. Such rapid growth speaks to the effectiveness of the company’s business model and the high demand for its services.

What makes this achievement even more impressive is the context of Prestige’s journey. Founded in 2022 by Louis Lacombe-Denis and Travis Moriarty, Prestige Home Improvement began as a newcomer in Ottawa’s home services market. In an industry traditionally dominated by legacy providers, reaching the pinnacle of growth rankings so quickly signals that Prestige has struck a chord with homeowners and captured significant market share. The scale of this growth of nearly 1,000% not only validates the company’s vision but also instills confidence in stakeholders that Prestige’s success is built on solid fundamentals. Investors monitoring the fastest-growing home improvement business in Ottawa can appreciate that such numbers reflect robust customer acquisition, strong revenue streams, and effective scaling strategies. Meanwhile, industry competitors are sure to take note of this breakout performance, recognizing Prestige as an emerging leader in the HVAC and home improvement arena.

From startup to industry leader: values-driven leadership since 2022

Prestige Home Improvement’s rapid ascent is rooted in its founding mission and the values instilled by its leadership from day one. When co-founders Louis Lacombe-Denis and Travis Moriarty launched the company in 2022, they weren’t just starting a business they were launching a movement. Both industry veterans had witnessed an HVAC field plagued by opaque pricing, outdated practices, and reactive service. Determined to change this, they set out to build something radically different: a modern, values-driven HVAC company focused on speed, transparency, and trust. This customer-first philosophy was baked into the company’s DNA and has been a driving force behind its growth.

The founders' vision was clear from the outset. “I saw a massive opportunity to reimagine how HVAC services were delivered,” Louis has said, emphasizing that if they led with systems, clarity, and integrity, they could build something more impactful than a traditional service. True to that vision, Louis and Travis invested heavily in designing efficient processes and setting high standards before even hiring their first technician. This intentional, values-driven leadership created a strong foundation that made rapid scaling possible. Every decision from hiring practices to service protocols was aligned with core principles of integrity, transparency, and innovation. “Integrity isn’t just a word on our wall – it’s how we operate,” co-founder Travis Moriarty has noted, underscoring that if something goes wrong, the team fixes it with no exceptions. This uncompromising commitment to integrity and transparency earned Prestige early trust among customers and set it apart in a field where shady practices had eroded consumer confidence.

Louis and Travis’s leadership-by-example cultivated a culture of excellence that has scaled along with the company. Today, Prestige employs a growing team of professionals (now numbering in the dozens) and operates with the same customer-first values that it started with. The three core values established at inception – top-quality service, friendly team members, speed & efficiency – remain at the heart of every project. These values have translated into tangible markers of customer satisfaction: Prestige boasts an A+ rating with the Better Business Bureau and an average Google review score above 4.5 stars, reflecting how well the company has upheld trust and quality at scale. By preserving culture and quality even as the business expands, the leadership has shown that growth need not come at the expense of customer satisfaction or integrity. This values-driven approach, set in motion by the founders, is a key reason why Prestige could grow so quickly and still maintain a stellar reputation.

Reimagining the HVAC industry with a tech-enabled, customer-first approach

One of the central ways Prestige Home Improvement has achieved such phenomenal growth is by reimagining the HVAC industry through innovation and an unwavering focus on customer needs. Prestige has effectively redefined “home comfort” by combining cutting-edge technology with a human-centered service philosophy. The company specializes in energy-efficient HVAC solutions, with a particular focus on energy-efficient heat pump installation and home efficiency upgrades. By concentrating on modern, greener technologies like heat pumps, Prestige addresses a critical need for homeowners: systems that reduce energy consumption and lower utility costs. In fact, the founders identified early on that many Canadian homes were due for upgrades to modern HVAC technology that would cut costs for homeowners while consuming less energy, positively impacting the environment. This insight has guided Prestige’s service offerings, aligning the company’s growth with a broader push for sustainability and home comfort innovation in Canada.

Prestige’s approach is not just about what services are delivered, but how they are delivered. The company has embraced a tech-enabled service model that enhances efficiency and transparency at every step. Internally, Prestige developed a proprietary software platform called Prestige Pro to streamline operations. This platform keeps projects on track, ensures seamless communication with homeowners, and equips technicians with real-time tools to perform at the highest level. By leveraging technology, Prestige can provide a level of consistency and responsiveness that traditional HVAC contractors struggle to match. For example, whether technicians are installing a high-efficiency heat pump in Ontario or helping a Nova Scotia homeowner navigate complex rebate paperwork, they use Prestige’s systems to deliver a turnkey experience that removes friction at every stage. Simplifying government rebate processes, often a daunting task for customers, is part of the company’s commitment to a hassle-free, customer-first service. This tech-forward approach not only improves operational efficiency but also empowers customers with information. Prestige is even developing a customer-facing portal for system health reports, digital maintenance reminders, and personalized upgrade recommendations, blending smart technology with a human touch to keep homeowners proactive and in control of their comfort.

Equally important is the values-driven service ethos that every Prestige team member brings to the job. Prestige’s technicians and comfort advisors aren’t just skilled in technical aspects – they are trained in communication, empathy, and problem-solving. The company culture emphasizes fast, honest, and solution-oriented service that leaves no room for doubt or delay. Such a customer-centric model has been instrumental in building loyalty and generating word-of-mouth referrals, which fuel growth. By actively encouraging homeowners to think proactively about their HVAC needs – “Most people only think about HVAC when it breaks. We want to flip that,” as Louis Lacombe-Denis has explained. Prestige is effectively educating the market and creating more informed customers. This education-driven, consultative approach has helped differentiate the company in a competitive market. Homeowners working with Prestige feel empowered and looked-after, a stark contrast to the transactional, as-needed services they might be used to.

In short, Prestige Home Improvement’s tech-enabled, customer-first approach marries the best of innovation and personal service. It demonstrates that an HVAC provider can be both high-tech and deeply human in its values. This unique model has not only won the company business, but also respect – setting Prestige apart as a trailblazer in home comfort innovation in Canada.

A milestone of excellence and what it means for the future

Securing the #1 position on Ottawa’s Fastest-Growing Companies list is more than just an honor for Prestige Home Improvement; it's a validation of the company’s vision and execution. This recognition by an external body shines a spotlight on how Prestige’s strategies and values have translated into exceptional business outcomes. It sends a strong message to customers that they are partnering with a proven industry leader, and it signals to investors that the company’s growth is both rapid and sustainable. For industry competitors, Prestige’s success story is a wake-up call, illustrating that a focus on integrity, transparency, and innovation is not only good ethics but also good business. In a sector often seen as traditional, Prestige has proven that embracing change from new technology to new standards of customer care  can yield remarkable results.

This achievement comes on the heels of other accolades, further underlining Prestige’s upward trajectory. For instance, in 2024 the company won the Canadian Choice Award for the HVAC sector in Ottawa which confirmed the impact of its high-quality service and customer-centric approach. Now, with the title of Ottawa’s fastest-growing company in 2025, Prestige’s momentum is undeniable. The company’s leadership views these milestones not as endpoints, but as launchpads for even greater ambitions. With operations already expanding beyond Ottawa – serving homeowners across Ontario and Nova Scotia – Prestige is poised to extend its footprint nationally. The ability to scale its business across regions while maintaining its core values speaks to a carefully managed growth strategy. “Scaling for scale’s sake isn’t the goal,” Louis and Travis have emphasized, being meticulous about preserving culture and quality as they grow.

For Prestige’s customers, this recognition is a reassuring sign that they are dealing with one of the best in the business. The company’s explosive growth is rooted in positive customer experiences and trust, so this award symbolizes a promise kept: that Prestige will deliver top-tier, transparent, and innovative service every time. For the dedicated team at Prestige, being named the fastest-growing company is a proud moment that celebrates their hard work and commitment to the company’s mission. And for the co-founders and leadership team, it is a gratifying indication that their values-driven, tech-enabled, customer-first approach truly works. Yet, in keeping with their ethos, they remain “obsessed with getting better” even after tasting success. The focus now is on the future continuing to raise the bar in the HVAC and home improvement industry, continuing to innovate with new technologies and services, and continuing to uphold the integrity and transparency that have defined Prestige from the start.

In summary, Prestige Home Improvement’s rise to the top of Ottawa’s Fastest-Growing Companies list for 2025 is a testament to what a values-driven mission and relentless innovation can achieve in just a few years. The 982.78% growth figure is more than a number; it represents thousands of homeowners enjoying better comfort and efficiency, a company culture that puts people first, and a business strategy that balances rapid expansion with unwavering integrity. This landmark achievement is a celebration of how far Prestige has come since 2022, and it sets the stage for even greater contributions to home comfort innovation in Canada in the years ahead. With its customer-centric mindset and pioneering spirit, Prestige Home Improvement is not only rewriting the success playbook for an Ottawa HVAC company, but also leading the way for the home improvement industry nationwide.

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