PT Holdings, Parent Company of Parts Town, LLC. and Its Food Equipment Service Holdings, has Acquired Tennessee-Based Food Equipment Services Company (“FESCO”).

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PT Holdings, parent company of Parts Town, LLC. and its food equipment service holdings, has acquired Tennessee-based Food Equipment Services Company (“FESCO”).

Partnering with FESCO is an ideal fit to strengthen our field service and parts distribution presence to further support our OEM partners

PT Holdings is focused on genuine OEM parts distribution and field service in support of its manufacturer and customer partners. FESCO, headquartered in Knoxville, TN, was founded in 1990 and focuses on food equipment service and parts distribution. FESCO has grown steadily throughout the past 25 years and has built the leading food equipment service capability in the Tennessee market. FESCO has locations in Knoxville, Chattanooga, and Nashville and serves chain restaurants, independent restaurants, and institutional customers. David Hahn, existing owner and President of FESCO, will continue in his current role leading FESCO, as well as contribute to furthering the PT Holdings mission.

PT Holdings CEO Steve Snower states, “Partnering with FESCO is an ideal fit to strengthen our field service and parts distribution presence to further support our OEM partners. We believe that excellence in local field service is critical to delivering value to customers and manufacturers and FESCO is a proven leader in field service and a strong partner to the industry’s leading manufacturers.” FESCO will continue to operate under its existing branding and existing leadership with the support of the resources of PT Holdings. “David Hahn is a proven leader who fits the PT Holdings culture and values. FESCO is a great brand and we believe in David’s team and FESCO’s strength with both customers and manufacturers. Our focus will be investing to support FESCO’s continued growth and success under David’s leadership.”

FESCO President David Hahn states, “Parts Town has changed the industry and improved availability of OEM parts and technology. I’m proud to be a part of the PT Holdings family and excited to continue to build the FESCO brand in our markets. I’m also looking forward to partnering with Steve and his team to improve the overall field service and parts experience in our industry.” David serves as a leader in the food equipment service industry including his current role as secretary of the CFESA board of directors. Additionally, David holds roles on several manufacturer service councils.

PT Holdings has experienced very high growth, highlighted by 11 consecutive years of 25%+ growth from its core OEM parts distribution business, Parts Town. Parts Town has changed the industry landscape through its differentiated E-commerce and mobile capabilities as well as a focus on delivering a unique customer experience highlighted by high in-stock availability of parts. PT Holdings has existing field service operations in Chicago, St. Louis, and Boston and is selective about where to perform field service. “We are a worldwide genuine OEM parts distribution business with selective, high-quality, locally focused service operations. Our intent is not to build a national field service capability, but rather to partner with proven entrepreneurs who have built great local businesses and support their ambitions. We have a very large number of field service partners who we support as a parts distributor and we are excited to further support FESCO as part of PT Holdings,” states Snower. “We welcome David and his team to PT Holdings family and look forward to supporting the next phase of FESCO’s growth.”

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Emanuela Delgado
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