Money

Two Boston Companies Combine, Keep Their Longtime Brands

Boston Car Service owner Brett Barenholtz (L) has partnered with Kevin Cronin, owner of Above All Transportation of Canton, Mass., to combine operations under one parent company. The deal closed Friday, May 29, 2015.
Boston Car Service owner Brett Barenholtz (L) has partnered with Kevin Cronin, owner of Above All Transportation of Canton, Mass., to combine operations under one parent company. The deal closed Friday, May 29, 2015.

CANTON, Mass. — Operators Brett Barenholtz of Boston Car Service and Kevin Cronin of Above All Transportation closed a deal May 29 creating one company that will operate two brands and share fleet vehicles each company needs.

The privately held companies did not disclose financial terms of the non-brokered deal and projected annual revenue figures. Barenholtz and Cronin are the owning partners of the new holding company for Boston Car, founded in 1997, and Above All, founded in 1988. Barenholtz will serve as CEO and Cronin as President.

The combined companies will operate out of Above All’s facilities in Canton, about 12 miles from Boston. Each company will keep its website.

Barenholtz told LCT the combined companies will run a fleet of 75 chauffeured vehicles that includes every type of vehicle except large motorcoaches. Boston Car and Above All will continue to serve clients throughout a wide swath of New England stretching from southern New Hampshire, to their core market of Boston metro, through to Rhode Island, Connecticut and the New York City area airports. The overall client mix will be about 75% corporate and 25% retail/leisure.

Boston Car, which uses the BMW 535i GT as its primary corporate vehicle, and Above All, which uses the Lincoln MKT Town Car, will share a fleet that also includes: Mercedes-Benz Sprinter Vans, Cadillac Escalade and Chevrolet Suburban SUVs, Hummer stretch and Lincoln MKT Town Car stretch limousines, executive vans, shuttle buses, coach buses, limo-style party buses and a trolley. The 12 buses of various models can accommodate from 31 to 39 passengers.

“We’ve been doing business together for a decade so it seemed like a natural play to expand what we do, and expand what he does on the sedan side,” Barenholtz said. “The two pieces fit well together. For us, it’s having all the other vehicles, the Sprinters, the vans, forward-facing buses, coaches, Hummer stretches, party buses all under one roof. It made a lot of sense.”

In the near-term, Barenholtz plans to add some BMW 7 series sedans and update the fleet with newest Sprinters, buses and sedans.

“We’re moving forward. Both companies together will be much greater than separate. We complement each other very well. All the different services we can offer the clients really excite us.”

View comments or post a comment on this story. (0 Comments)

More News

Uber Drivers Join Protest For $15 Minimum Wage

Independent contractors have complained the TNCs aggressive fare cuts make it harder to scrape by with additional costs factored in.

Uber Rival Karhoo Allegedly Owes $30 Million To Partners

Bloomberg calls its fall “extraordinary,” even compared to those of most short-lived startups.

What Trump Victory May Mean For Business

Election 2016: Here's what's on the billionaire businessman's presidential agenda.

Financing For the Roads Ahead

LCT WebXclusive: Access Commercial Capital wants to maintain its reputation as a trustworthy lender to ground transportation operators.

Uber Still Determining If It's A Real Business

There's another word for losses at a startup company: investments.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blogs

See More

See More

See More

See More

LCT Store

LCT Magazine - December 2016 $12.95 GLOBAL/INTERNATIONAL ISSUE COVER STORY: * The Coolest Operators on the Planet * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close