Best Roofing Appoints Sam Tikriti as CEO
Portfolio - People | Jan 22, 2025 | Harkness Capital Partners LP
Harkness Capital Partners, a New York-based private equity firm, has announced the appointment of Sam Tikriti as the new CEO of its portfolio company, Best Roofing LLC. Located in Fort Lauderdale, Florida, Best Roofing is a leading commercial roofing platform renowned for delivering customized roofing solutions since 1978. After acquiring a majority stake in April 2024, Harkness Capital has been actively involved in enhancing Best Roofing's operations, resulting in significant improvements in leadership and customer service. Ted Dardani, Chair of Best Roofing’s board and partner at Harkness, expressed confidence in Tikriti’s extensive industry experience, highlighting his two decades of transformational leadership roles in construction and real estate sectors. Under Tikriti's guidance, Best Roofing is set to leverage Harkness Capital's resources to continue expanding its service offerings and deliver superior quality to the South Florida community.
Sectors
- Private Equity
- Construction
- Real Estate
Geography
- United States – Best Roofing is based in Fort Lauderdale, Florida, and Harkness Capital Partners is based in New York City, both of which are in the United States.
- South Florida – Best Roofing serves the South Florida community, providing customized roofing solutions.
Industry
- Private Equity – Harkness Capital Partners is involved as a private equity firm focusing on transformational investments in service-oriented companies.
- Construction – Best Roofing operates within the construction industry, specializing in commercial, industrial, and multi-family roofing solutions.
- Real Estate – The appointment of a CEO with experience in real estate indicates an interplay of the roofing and construction services within the real estate sector.
Financials
- – No specific financial details such as deal price or fund size are disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Harkness Capital Partners LP | Bidding Company/Owner | Company | A private equity firm focused on investing in and building service-oriented companies. |
| Best Roofing LLC | Target company | Company | A leading commercial roofing platform in Fort Lauderdale, Florida, acquired by Harkness Capital Partners. |
| Sam Tikriti | Chief Executive Officer | Person | Recently appointed CEO of Best Roofing, with extensive experience in leadership within the construction industry. |
| Ted Dardani | Board Chair and Partner | Person | Chair of Best Roofing's board and partner at Harkness Capital Partners. |
| Ian Handsman | Investment Professional | Person | Part of the Harkness team involved in the operational enhancement of Best Roofing. |