Quality Equipment Acquires Gay Implement – Farm Equipment
Quality Equipment, a John Deere Ag & Turf dealer group, has purchased the assets of Gay Implement Company in Seaboard, NC. In addition, the Perry Family (owners of Gay Implement) reinvested into Quality Equipment, LLC, becoming one of the business’ valued ownership partners. This acquisition was finalized on July 25, 2022 increasing the Quality Equipment organization to 30 retail locations. The addition of the dealership in Seaboard expands service, parts, and sales offerings to customers within northeastern North Carolina and southeastern Virginia.
Located at 307 S. Main St. in Seaboard, Quality Equipment will continue to serve the needs of the diverse local customer base. With a focus on customer service, Quality Equipment looks forward to meeting the needs of agricultural producers, residential homeowners, contractors, governmental agencies and commercial businesses in the area are previously served by Gay Implement Company. Quality Equipment sells agricultural, residential and compact construction equipment, as well as products from Stihl, Honda Power Equipment, and several other allied brands.
“Quality Equipment, LLC is excited to expand our business with the addition of Seaboard and to increase service and support in northeastern North Carolina and southeastern Virginia,” said CEO Bryan Dobson. “Our ownership group has a longstanding relationship with the Perry family built on years of respect and admiration for the outstanding people they are and the way they have taken care of their customers, employees, and neighbors. In partnership with them, we look forward to continuing to offer great small company local service while supporting it with larger company scale and resources.”
“We are proud to represent John Deere and other leading brands,” said COO Greg Morgan. “Our dealership is focused on providing our customers with quality equipment, reliable parts and service support, and an excellent customer experience. Our goal is to create value for our customers and local communities by providing solutions using a partnership approach. Gay Implement Company has maintained deep customer relationships over the years, and we look forward to continuing this tradition while offering the region’s largest selection of new & used equipment, parts and service capabilities.”
Dealers on the Move is brought to you by K•Coe Isom, a different consulting and CPA firm.
Get ready for growth! Take a deep dive into financials, project ahead, benchmark against the industry, and get tools to make sound decisions that strengthen your operations and position your dealership for long-term success.