Industry News

GTE Partners makes acquisition

FOR IMMEDIATE RELEASE:
July 24, 2018

Private Equity Group Purchases Global Turf Equipment, LLC and Turf Equipment Rental, LLC.

(SAN ANTONIO, Fla.)GTE Partners, LLC has purchased Global Turf Equipment (GTE) – the world’s largest independent seller and exporter of pre-owned golf course equipment – and sister company Turf Equipment Rental.

Davis Sezna will now assume the role of chief executive officer, Will Sezna will be installed as president and Walt McMahon will rise to the position of chief operating officer within the new organization. The prior co-owners of GTE and Turf Equipment Rental, CEO Jim Sartain and President Pat Yarbrough, will remain with the company as consultants.

“Having spent our entire lives around the game of golf and in the hospitality business we have tremendous respect for those who work so diligently to care for our courses and facilities,” says Davis Sezna, Chief Executive Officer of GTE Partners, LLC. “Our mission is to provide a best in class option for our superintendents and their teams.”

Davis Sezna brings nearly 40 years of experience and a proven track record of success in both the golf and food service industries. He has led several companies including 1492 Hospitality Group and Tandem Hospitality, La Quinta Resort and PGA West, and The Cliffs Communities. Davis’ experience at these companies extended to restaurants, golf courses, private clubs, master planning and development.

“We are pleased to announce the sale of Global Turf Equipment and Turf Equipment Rental to GTE Partners, LLC, which is focused on expanding those companies across the United States,” says Jim Sartain, Chief Executive Officer of GTE. “Pat and I look forward to continuing on as consultants to make the transition as seamless as possible.”

Based outside Tampa, GTE showcases 400-600 “like new” machines across several warehouses totaling more than 35,000 sq. ft. Offering savings of up to 50% on products from brand leaders like Toro, John Deere, Jacobsen and Club Car, its inventory includes fairway green and rough mowers; top dressers and spreaders; trim mowers; turf aerators, sprayers, vacuums and blowers; utility vehicles and more.

Servicing golf facilities in all 50 states and more than 80 countries, GTE is proud to carry high quality, low hour, off-lease equipment. All machines purchased from GTE have received a thorough inspection of the engine, drive train, electrical system, hydraulic system and cutting units. They also come with a minimum of 50% of reel and tire life remaining, as well as new oil and oil filters, fuel and fuel filters, spark plugs, hydraulic fluid and hydraulic filters, rotary blades, bedknives, and more.

More information: globalturfequipment.com / 866.588.3092

About Global Turf Equipment
Global Turf Equipment
is the world’s largest independent seller and exporter of pre-owned golf course machinery, and a fiscally prudent alternative to buying new products. Founded in 2003, GTE purchases mowers, grinders, green rollers and more from short-term leases in partnership with major US financial lending firms. A 35,000-sq. ft. warehouse space serves private club, resort and daily-fee golf course clients in all 50 states and more than 80 countries worldwide. Featured brands include Toro, Jacobsen, John Deere and Club Car.

MEDIA CONTACT:
Andy Tabor
Buffalo.Agency
703.891.3394
atabor@buffalo.agency 
Buffalo.Agency

9a2d22d1-8b64-49a8-91fe-0dd95ce0d61a_197x57.jpg