Two Top Dealers Shake Hands on Acquisition Deal

project3

Johnson-Lancaster and Associates celebrated the Fourth of July as the new owners of Bezac Equipment Co.

Bezac, based in Youngstown, Ohio, will operate as a wholly owned subsidiary of Johnson-Lancaster and remain under the leadership of Bill Custer and Leonard Mochtyak, serving as president and vice president, respectively.

Johnson-Lancaster, based in Clearwater, Fla., is the country’s 15th largest dealer, with 2018 sales of $116 million. Bezac, with $20.8 million in sales, is 44th on FER’s Top Dealer rankings.

RELATED CONTENT

BusinessDeal2025

KPS Global, Everidge Finalize Merger

Following an earlier announcement, KPS Global has finalized its acquisition of Everidge.

JeffShields

In Memoriam: Eric Jeffrey ‘Jeff’ Shields, of Shields & Associates

Shields spent over 40 years in the industry, and was named the president of MAFSI in 2001.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -