Robert Alexander’s RMA Worldwide Chauffeured Transportation makes inroads into a lucrative residential and recreational market that sprawls across the scenic Chesapeake Bay regions of central and eastern Maryland.
ROCKVILLE, Md. — RMA WORLDWIDE CHAUFFEURED TRANSPORTATION recently took ownership of EASTERN SHORE LIMOUSINE SERVICE INC., a family-owned business that was started in 1986.
The owner who cultivated his business said he wanted to sell to a company that would keep his service alive and thriving. After speaking with several suitors, the owner, Harry Krampf, also the president, chose to speak with RMA, the largest service of its kind in central and eastern Maryland, including the suburbs just outside of Washington, D.C. Krampf did not join the new company, opting to pursue other opportunities as a financial planner.
Eastern Shore Limousine Service, based in Easton, serves Maryland’s Eastern Shore that stretches from the Chesapeake Bay to the Atlantic Ocean. The Bay separates Maryland but is joined by a seven-mile bridge span called the Bay Bridge. That is the narrowest point of the 125 mile long Chesapeake Bay and the bridge carries all the vacationers heading to the beach.
The acquisition of Eastern Shore gives RMA additional coverage into one of the wealthiest counties in the country, including Annapolis, the state capital. Talbot County is touched by the tributaries of the Chesapeake Bay, home to many coastal communities and hamlets along rivers such as the Miles, Tred Avon, and Chester.
Minutes over the bridge from Annapolis, lies an area offering upscale housing and recreation for executives and workers in Baltimore and Washington, D.C. who need to get to the region’s three major airports: Baltimore-Washington International, Reagan National, and Dulles International Airport. The area offers five-star hotels, golf resorts, bed and breakfasts, and several prestigious conference centers.
“This was a natural expansion for us,” said Robert Alexander, President and CEO of RMA and a board director of the National Limousine Association.
This purchase helps RMA to generate more sales and expand. A sale price for the deal was not disclosed. No broker was involved in the transaction. RMA acquired a few sedans as part of the transaction, but plans to remove them from the fleet soon.
So far, the transition has been seamless, Alexander said in a statement. “We hope to wow the new customers with our world class service. The best part of this deal for us is we can improve on the services they delivered without the overhead.” RMA has a satellite hub it operates out of BWI Airport.
“Once we have made this smooth transition, I can’t wait to get over there and begin selling,” said David Nock, RMA’s vice president of sales. “It is such an affluent area.”
RMA operates more than 100 hundred chauffeured vehicles local to the Washington-Baltimore area and provides service through its affiliates worldwide.
Sources: RMA; Martin Romjue, LCT Magazine