On July 19, 2001, Gregg Wallick closed a deal whereby he acquired Best Roofing, Pompano Beach, Fla.
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.