Dealer Succession

The ins and outs of transferring ownership and management to the next generation.

ARTICLES

Our Dealer Story Podcast

[Podcast] Our Dealer Story: Stotz Equipment Part 1

In the first part of this two-part episode of the <em>Farm Equipment</em> podcast, “Our Dealer Story” brought to you by HBS Systems, brothers Tom, Rob and Teddy Rosztoczy, along with their mother Diane, sat down Alan Stenum from the <em>Farm Equipment</em> team to shares their story of how the dealership became Stotz Equipment.
In the first part of this two-part episode of the Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, brothers Tom, Rob and Teddy Rosztoczy, along with their mother Diane, sat down Alan Stenum from the Farm Equipment team to shares their story of how the dealership became Stotz Equipment.
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Our Dealer Story Podcast

[Podcast] Our Dealer Story: Johnson Tractor & Mid-State Equipment

In this episode of the <em>Farm Equipment</em> podcast, “Our Dealer Story” brought to you by HBS Systems, Editor/Publisher Mike Lessiter gathered two award-winning equipment dealerships in Wisconsin, one green and one red, to discuss their origins and approaches to operating in the same competitive landscape.
In this episode of the Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, Editor/Publisher Mike Lessiter gathered two award-winning equipment dealerships in Wisconsin, one green and one red, to discuss their origins and approaches to operating in the same competitive landscape.
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Our Dealer Story Podcast

[Podcast] Our Dealer Story: Trochu Motors

In this episode of the new <em>Farm Equipment</em> podcast, “Our Dealer Story” brought to you by HBS Systems, Editor/Publisher Mike Lessiter sits with Landis Stankievech, whose grandfather and great-uncle founded Trochu Motors, a large single-store AGCO dealership in Central Alberta.
In this episode of the new Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, Editor/Publisher Mike Lessiter sits with Landis Stankievech, whose grandfather and great-uncle founded Trochu Motors, a large single-store AGCO dealership in Central Alberta.
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Our Dealer Story Podcast

[Podcast] Our Dealer Story: H&R Agri-Power

In this episode of the new <em>Farm Equipment</em> podcast, “Our Dealer Story” brought to you by HBS Systems, Executive Editor Kim Schmidt sits down with Wayne and Steve Hunt of H&R Agri-Power, a 19-store Case IH dealership with stores in Kentucky, Tennessee, Illinois, Indiana, Mississippi and Alabama.
In this episode of the new Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, Executive Editor Kim Schmidt sits down with Wayne and Steve Hunt of H&R Agri-Power, a 19-store Case IH dealership with stores in Kentucky, Tennessee, Illinois, Indiana, Mississippi and Alabama.
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Our Dealer Story Podcast

[Podcast] Our Dealer Story: Hoxie Implement

In this episode of the new <em>Farm Equipment</em> podcast, “Our Dealer Story” brought to you by HBS Systems, Editor/Publisher Mike Lessiter sits with Ed Heim, the second-generation owner of Hoxie Implement Co., a 3-store Case IH dealership in Hoxie, Kansas.
In this episode of the new Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, Editor/Publisher Mike Lessiter sits with Ed Heim, the second-generation owner of Hoxie Implement Co., a 3-store Case IH dealership in Hoxie, Kansas.
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Our Dealer Story Podcast

[Podcast] Our Dealer Story: Reynolds Farm Equipment

In this episode of the new <em>Farm Equipment</em> podcast, “Our Dealer Story” brought to you by HBS Systems, Executive Editor Kim Schmidt sits with Gary Reynolds, the second-generation owner of Reynolds Farm Equipment, a 7-store John Deere dealership based in Atlanta, Ind.
In this episode of the new Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, Executive Editor Kim Schmidt sits with Gary Reynolds, the second-generation owner of Reynolds Farm Equipment, a 7-store John Deere dealership based in Atlanta, Ind.
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Industry Consolidation Part 3

What’s Driving Consolidation Among Farm Equipment Dealers?

Farmer consolidation and growing capital requirements for dealers has contributed to the need for dealerships to expand and grow.
All aspects of the ag industry have been consolidating over the last several years, and it seems to have picked up recently. This is no different for farm equipment dealerships. Some of the consolidation is being led by the major equipment manufacturers, some of it is in response to farm consolidation (see “Farms Shrinking in Number, Growing in Size,” page 12), and still some is due to dealer owners exiting the industry.
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