PE-backed Davey Coach Sales recruits Stenseth as president

Davey Coach Sales, a national bus dealership, has named Mark Stenseth as president. Stenseth is replacing John Walsh who has quit to take a new position with Proterra Inc. Stenseth is a former chief financial officer at Transwest Inc. Davey Coach Sales is a portfolio company of Progress Equity Partners.



Davey Coach Sales, a national bus dealership, announced today that Mark Stenseth has been named President, replacing John Walsh who has resigned to take a new position with an industry manufacturer, Proterra Inc.

“I’m looking forward to continuing the growth that John set in motion,” said Stenseth. “The entire team remains focused on executing that plan with continued emphasis on quality and service that has been the essence of the company’s reputation and a significant reason for the growth we have enjoyed.”

Walsh said, “It has been an enormous privilege to have led Davey during an important period of transformation and growth. I am proud to have worked with remarkable colleagues who are so committed to the company’s vision and success.”

Mark Stenseth’s prior experience included twelve years as CFO with Transwest Inc., a diversified holding company with multiple dealership locations in the United States and Canada, manufacturing operations, and a substantial finance company. He played a crucial role in more than tripling the size of the company during his tenure. Other previous positions were in distribution and manufacturing. Mr. Stenseth is a graduate of the University of North Dakota and is a CPA.

About Davey Coach Sales
Representing more than 15 manufacturers, Davey Coach Sales ( has been one of the leading dealers of new and used buses in North America since 1992. Davey Coach Sales is consistently awarded Top Distributor honors by customers and manufacturers alike for 20 years. As the leader in the Specialized Transportation Vehicle Industry our emphasis on quality and customer satisfaction continues to stimulate our growth. Davey Coach Sales is a portfolio company of Progress Equity Partners, a Denver-based private equity investment firm. The principals of Progress Equity are relationship driven, long-term investors and have been partnering with owners and management teams to build industry leading companies since 1993 (