Operations

Black Tie Limo Purchased By Grace Limousine And Shuttle

News Reports
Posted on June 10, 2019
(R to L) President Mark Mollica of Black Tie Limousine of Haverhill, Mass. and President and CEO Michael Campbell of Grace Limousine and Shuttle of Manchester, N.H.

(R to L) President Mark Mollica of Black Tie Limousine of Haverhill, Mass. and President and CEO Michael Campbell of Grace Limousine and Shuttle of Manchester, N.H.

MANCHESTER, N.H. — President Mark Mollica of Black Tie Limousine of Haverhill, Mass. and President and CEO Michael Campbell of Grace Limousine and Shuttle of Manchester, N.H., announced on June 10 Grace’s purchase of Black Tie  on June 3.

After 36 years in the chauffeured car industry and success in creating a business known for its customer service, Mollica will be retiring. With this acquisition, Grace is solidified as a major provider of ground transportation in New England.

Mollica’s decision to sell Black Tie to Grace was based on the commonalities between the two companies. Known for their healthy business cultures, Grace and Black Tie are powerhouses in the chauffeured car industry.

Mollica and Campbell are  leaders well respected by their peers who run their companies with vision and integrity. Clients of both companies will benefit from cutting-edge technology, superior customer service, and a combined fleet of late-model sedans, SUVs, limousines, and coaches.  

Grace Limousine and Shuttle was founded by Ian Campbell, a disabled American veteran, in 1990. Grace is still family-owned and operated by Ian’s son Michael Campbell as president and CEO. Grace is known for its luxurious vehicles, excellent customer service, and strong commitment to community involvement. Campbell has overseen a healthy period of growth, both in terms of acquisitions and in worldwide reach.

"I was so honored when Mark first called and asked me to consider acquiring Black Tie. I know how much this business means to him, his family, and his long-time employees. Our businesses have enjoyed many years of friendly rivalry, and we only made each other better. I’m excited to honor his incredible legacy as we take Grace and Black Tie to the next level together," Campbell said.

Since Mollica opened Black Tie in 1983, it has grown from a small operation to one of the most prominent limousine companies in Massachusetts. With an extensive fleet, an incredibly professional staff, and a large base of clients that extends across the globe, Black Tie enjoys one of the best reputations in the industry. Approaching four decades as Black Tie’s founder and president, Mollica began to consider selling the company. He knew he would need to find a buyer equally as committed to excellence.

"Back in 1983, when Black Tie Limousine was born, it was set up in an apartment with one limousine and an answering machine," he said. "To look at where we are today is beyond anything I could have dreamt. Words can’t express how grateful I am for the friendships I have made through the years with Black Tie team members, industry colleagues, and loyal clients who helped me every step of the way.

"It’s a comfort to know Mike and the Grace team share the same focus on customer service and will continue that tradition. I am thrilled knowing Black Tie will be in the very best of hands, which means the world to me," he said.

Grace’s purchase of Black Tie establishes it as one of the largest chauffeured car/shuttle companies in the U.S. and in the top five for New England alone. More important than its size and scope is the level of service to be provided: The convenience and options of a large company with the personal touch of a much smaller one. Grace Limousine and Shuttle and Black Tie Limousine have a shared approach to excellence established by founders Ian Campbell and Mark Mollica, and Michael Campbell will carry on that legacy at Black Tie as he has at Grace.

Source: Grace Limousine & Shuttle press release

Related Topics: business deals, business expansion, Massachusetts operators, mergers & acquisitions, Michael Campbell, New England operators, New Hampshire operators

News Reports News Reports
Comments ( 1 )
  • Pierre Bernard

     | about 3 months ago

    Well done writing this up, with the history of being rivals it is an interesting story. Also the details of family ownership, the connection going back to a war vet, and a healthy competition before the merger makes it a memorable piece. Good post. https://www.atlantagreatermetrolimousine.com/

More Stories
Article

How To Make Chauffeurs Matter More

Part of retaining your workforce is praising their accomplishments and giving constructive criticism to help guide them in their career journey.