ABOUT PHOTO: ETS International operator John Greene buys a Cape Cod, Mass. limo service.
The acquisition will boost ETS International’s service to Boston’s Logan International Airport and throughout central New England.
RANDOLPH, Mass. — ETS INTERNATIONAL recently expanded its local service by acquiring LIMOS TO LOGAN, a Hyannis, Mass.-based limousine service.
The deal closed, which closed Dec. 15, 2010, rounds out ETS's strategy to comprehensively serve the New England states of Massachusetts, Rhode Island, and New Hampshire, said ETS owner and president John Greene, in an interview Wednesday with LCT Magazine. By acquiring Limos To Logan, ETS takes on a high-end vacation and residential clientele that live on the islands of Nantucket and Martha's Vineyard, and throughout Cape Cod's tony hamlets and towns.
DETAILS OF THE DEAL: ETS bought Limos To Logan in a deal valued at $250,000, said Greene, who brokered the transaction. Limos To Logan's former owner, John Boyle, will stay on as a consultant to ETS. ETS, which has fleet of 42 vehicles, did not acquire any new vehicles in the deal. ETS projects revenues of $5.5 million for 2011. Company revenues grew 30% in 2010, and are projected to grow another 25% this year. ETS employs 16 office workers and 60 full- and part-time chauffeurs.
"It's part of our game plan," Greene said. "We opened up in Providence, R.I. and Manchester, N.H. last year, with kiosk locations at the airports. Now we can put cars out along the Cape. It gives us a footprint over all of New England. We do a lot of inbound affiliate work, so it's one-stop shopping for all of New England."
Among the airports that Randolph, Mass.-based ETS International now serves: Logan International in Boston, T.F. Green in Warwick, R.I., Manchester International Airport, and FBO airports in Hyannis and Bedford, Mass.
The company also bought All Star Limousine in Kingston, Mass. in July 2009.
With more than 5,000 recorded trips in 2010, Limos to Logan has fulfilled the transportation needs of travelers on Cape Cod and the Islands, and will continue to do so under the ETS International umbrella.
Greene also said in a statement: “Having recently expanded our presence in New Hampshire and Rhode Island, we also felt the need to better service business travelers on Cape Cod and the Islands. Limos to Logan has carved out a reputation for incredible service over the years, and we knew right away it was the company we wanted to be associated with.”
ETS International, which operates a fleet of luxury sedans, SUVs, limousines and executive vans in the Boston, Manchester, N.H., and Providence, R.I. areas, as well as service to cities worldwide, was a 2010 LCT Operator Of The Year in the 11-30 vehicles category.
Former Limos to Logan owner John Boyle said in a statement: “It took us a long time to build up the high level of customer satisfaction we’ve enjoyed. So we wanted to make sure when we sold the business it would be to a company that emulates what we believe in, and we feel ETS International fits that bill perfectly.”
By expanding its reach on to Cape Cod, ETS International will now be able to give travelers across the bridge access to the company’s service and state-of-the-art technology which can monitor closely all their travel needs.
Information: (888) 366-3388 or ETS INTERNATIONAL WEB SITE
RECENT ETS INTERNATIONAL LCT E-NEWS ARTICLE
ETS AIRPORT KIOSKS ARTICLE HERE
Sources: ETS International; Martin Romjue, LCT editor