Gregg Wallick Acquires Best Roofing
Gregg Wallick has been a frequent contributor to Roofing Contractor for years, and serves on the editorial advisory board. On July 19, 2001, he closed a deal whereby he acquired Best Roofing, Pompano Beach, Fla. The purchase was made from owner Arnold Goldman, who will remain with Best Roofing and has maintained a minority stake in the firm. The deal came following a lunch meeting between Goldman and Wallick, complete with notes scrawled on a napkin and a handshake.
Best Roofing is a 23-year-old firm that Goldman acquired four years ago. Business was grown from a base volume of $3 million to $10 million in that time. The company currently operates out of a 30,000-square-foot facility on four acres.
Wallick acknowledges Goldman’s work and accomplishments in growing the business in such a short period of time. Wallick is currently restructuring the business to reflect his style of management. He describes it as “Roofing 101 … We are getting back to the fundamentals of the roofing industry. Basic blocking and tackling.”
Wallick’s first order of business was to have a meeting with the entire office and field staff (100-plus) and establish his goals for the “First Hundred Days.” These are to build trust, build systems and processes, put a new coat of paint on the facility, get sales backlogs up, and begin the process for Best Roofing to earn a reputation for great customer service and being a great place to work.
The bottom line for Wallick is simply being back in his element. After settling his affairs with generalRoofing, he is “thankful to be part of the roofing industry again.” Keep an eye out on future issues of Roofing Contractor, where Wallick plans to re-enter the editorial world of roofing as well.