Sterling, VA – April 2, 2025 – BDO Capital Advisors, LLC (BDO Capital) is pleased to announce the sale of Reston Limousine and Travel Service Inc. (Reston Limousine or the company) to TBL Group (TBL or the company). BDO Capital served as exclusive financial advisor to Reston Limousine on this transaction, which builds on the firm’s experience in the Transportation Services sector.
Founded in 1990 and headed by President & CEO Kristina Bouweiri, Reston Limousine is listed among the top 10 largest chauffeured fleets nationwide and as one of metropolitan Washington D.C.’s largest providers of luxury transportation and government contract services. From its headquarters in the Dulles corridor of Northern Virginia and satellite offices in Capitol Heights, Maryland, Baltimore, MD and Fairfax, VA, the company provides diversified service for a wide range of markets including government contracts, charter services, wedding transportation, shuttle contracts, and more.
“We have enjoyed a long history with John and his organization, working together to fulfill contract work. Our business models are practically identical, both in operations and in how we support and value our staff. We look forward to continued growth and the enhanced synergies the TBL umbrella can bring to operations”, said Bouweiri. Reston Limousine has been the recipient of numerous industry awards and has earned the highest safety ratings from the U.S. Department of Transportation and U.S. Department of Defense, thanks in part to its full-time training and safety manager and on-site Operations Center that includes a 24/7 dispatch center and a dedicated detailing, maintenance, and repair facility.
“Reston Limousine’s impeccable reputation for reliability, safety and attention to customer service mirrors our own values, and we are very excited to add this fine organization to the TBL Group of brands”, said John Ferrari, CEO of TBL Group. “This recent transaction is aligned with our strategic mission to acquire like-minded companies in the transportation and logistics space in order to build an integrated, nationwide ground transportation network infrastructure.”
