Money

Two Boston Companies Combine, Keep Their Longtime Brands

Martin Romjue
Posted on June 3, 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.”

Related Topics: BMW, BMW GT, Boston operators, business deals, Massachusetts operators, mergers & acquisitions, New England operators, operation growth, retail markets

Martin Romjue Editor
Comments ( 0 )
More Stories
CEOs Dawson Rutter and George Jacobs know how to fleece each other and raise stakes for good causes. (Photo: Jim Decker)
Article

Why Giving Away Pays Off The Most

JULY LCT: The epic charity faceoff between legendary operators George Jacobs and Dawson Rutter shows what generosity and good will can lead to.