Tristar Acquires M7 Worldwide Transportation
M7 Worldwide Transportation, a premium ground transportation company, based in Burlington, Massachusetts has just been acquired by Tristar Worldwide Chauffeur Services. The combined entity further enhances Tristar’s leadership position in the meetings and roadshow segments while providing a superior platform for the growth and diversification of Tristar’s business globally.
Mike Fogarty, CEO of Tristar U.S. said: “We are thrilled to announce the acquisition of M7, as Tristar continues to gain market share and expand its presence in North America.” He concluded, “M7 brings a commitment to excellence with service delivered by highly trained professionals that mirrors our own. We are honored to welcome the M7 team to the Tristar family, which now numbers more than 110 in the United States.”
Marc Shpilner, President and CEO of M7 Transportation, said: “We are excited to make this announcement with Tristar.” “By joining a true global transportation company, M7 has the expanded ability to provide our clients with exemplary localized service around the world and expanded career opportunities for our team members who helped make M7 what it is today”.
”This acquisition affords us excellent opportunities for growth,” said Dean De Beer, Tristar’s Chief Executive who is based in Tristar’s world headquarters in London. “In addition to the expanded presence in the U.S., it also provides us with a more balanced global business”. He concluded, “We are delighted to welcome in M7 Transportation as another important step in building the Tristar brand worldwide.”