MaxSold, North America’s largest downsizing and estate service platform, Makes Growth List Ranking Three Years in a Row

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For those downsizing or settling an estate, MaxSold solves the daunting problem of converting contents into cash on time - the easiest solution to sell everything for those downsizing, settling an estate or clearing business inventory.

TORONTO, ONTARIO OCT 15, 2020 - Canadian Business and Maclean’s today ranked MaxSold in the top 30% of companies on the annual Growth List ranking for the third year in a row. Produced by Canada’s premier business and current affairs media brands, the Growth List ranks businesses on five-year revenue growth.

Earlier this year, MaxSold was also named in the Financial Times 2020 ranking of fastest growing companies in the Americas and Globe & Mail’s Top Growing Companies for the second year in a row.

“In the middle of a global pandemic, achieving this accolade is a testament to our employees who have spent over a decade developing processes for the sale of used goods,” says CEO, Sushee Perumal. “As a result, they were able to quickly adapt, creating an inherently safe process for buyers and sellers across the US and Canada.”

In 2020, MaxSold introduced benefits for full-time team members, increased hiring, and supported their employees working from home with flexible hours to allow them to take care of their families and loved ones.

“At MaxSold we are focused on delivering value not only to our buying and selling clients but also to our employees and the communities we serve,” said Perumal.

During these very difficult and uncertain times, MaxSold has contributed to local communities in a number of ways. MaxSold waived the commission on charity auctions that helped to raise over $150,000 for charitable organizations. MaxSold has also donated to local food banks in several states and provinces, and we stand ready to continue to support local communities through this challenging time.

“Companies have a responsibility to support social causes in addition to fulfilling their purpose to create value for the clients they serve,” said Perumal. “We are fortunate that what we do has an enormous positive impact on the environment, by keeping tonnes of usable items out of landfills each year. By working at the hyper-local level, we are a part of the circular economy, keeping as much value as possible in the local community. This is something we also feel incredibly proud of.”

MaxSold’s services are provided through local team members and a growing partner network of senior move managers, professional organizers, trust officers, estate lawyers, real estate professionals, auctioneers and resellers. Operating in 35 metropolitan areas across North America, MaxSold’s distinctly local marketplace connects buyers to unique treasures, as well as everyday, practical goods that they can access safely and securely.

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About the Growth List

For over 30 years, the Growth List ranking of Canada’s Fastest-Growing Companies has been Canada’s most respected and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in a special Growth List print issue of Canadian Business (packaged with the October issue of Maclean’s magazine) and online at Growth500.ca and CanadianBusiness.com, the Growth List ranks Canadian companies on five-year revenue growth. For more information on the ranking, visit Growth List

About MaxSold

MaxSold is the leading service for online estate sales and downsizing auctions. Through MaxSold practically everything can be sold, whether it’s art or antique furniture, relatively new kitchen appliances or garden tools, used vehicles or fine bone china. Local expert teams manage the sale process from start to finish to help families clear items quickly and efficiently. Unlike traditional estate sales, MaxSold is able to achieve a near 100% sell rate with quick turnarounds and a proven process. With deep roots in the auction industry and founded by a second generation auctioneer, MaxSold is the proven way to sell possessions easily when downsizing or settling an estate. Sell everything simply, with MaxSold.
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