Reston Limousine sold to Texas company

Dallas-based TBL Group, a transportation and logistics management acquisition company, has purchased Reston Limousine & Travel Service, a Sterling-based transportation company started in 1990.

According to TBL’s website, the company will be known as Reston Transportation. Financial terms were not disclosed. Since its founding, Reston Limo has grown from five vehicles to a fleet of 250 vehicles, including cars, vans, buses and limousines, as well as 375 employees. Reston Limo reported $32.9 million in revenue in 2024, and it serves the Washington, D.C., metro area, serving government agencies, businesses, universities and other clients.

President and CEO Kristina Bouweiri, who was named one of Virginia Business’ 2021 Women in Leadership Awards winners, co-owned the business with her then-husband and bought him out in 2009. Since 1999, she has been president and CEO of Reston Limo, and managed it through the COVID pandemic.

“My industry was down 90%,” she wrote recently in response to questions from Virginia Business. “My company was only down 40% because we pivoted into food delivery, organ transplant transportation and private aviation.” Meanwhile, Reston Limo’s fleet is now 90% buses, and 90% of its contracts are corporate, Bouweiri said.

She said in an email Wednesday that she will be adviser to the board and plans to continue working for the new owner for the next three years, after which Bouweiri will retire. “I have had I have had many offers over the years and the timing wasn’t right. This offer was great because it is a culture fit.  The buyer cares about people and safety and we are a match.  I could only sell my company to someone that would take care of my employees and clients,” she wrote. 

“Our success is based on the efforts of a great team,” Bouweiri added. “Happy employees make happy clients. We have been doing this long enough to have proven strategies for outstanding customer service. I am proud to say that the company will do fine after I leave the business.”