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

FrenchQuarterNewOrleans

Noncommercial Foodservice Events Coming Up

SNA, NACUFS, AHF, ACFSA and SHFM all have details to share on their annual conferences.

Copy of Terrell Storefront 4374

Twin Peaks, FAT Brands Break Ties

Summit Acquisitions, a strategic advisory group formed by franchise operators, will assume an advisory role on behalf of the brand’s bondholders.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -