Tower Partners Advises Eyre Bus Service on Sale to RMA Worldwide Chauffeured Transportation
Transaction brings together two established Maryland transportation companies
Columbia, MD – (9/23/26) Tower Partners, a leading private investment banking and advisory firm focused on the lower middle-market, is pleased to announce its role as the exclusive sell-side advisor to Eyre Bus Service in its sale to RMA Worldwide Chauffeured Transportation, a leader in chauffeured transportation, motorcoach, shuttle, and group transportation services.
Tower Partners advised Eyre throughout the sale process, helping the family-owned business evaluate strategic alternatives and identify a buyer aligned with its goals for the company and its employees.
Founded in 1947, Eyre Bus Service has built a nearly eight-decade legacy as one of the Greater Washington, D.C., region’s most established transportation companies. The transaction brings together two Maryland-based companies with longstanding family roots and complementary capabilities.
“Tower remains focused on supporting family- and founder-owned businesses through important transitions,” said Erv Terwilliger, CEO of Tower Partners. “The sale of a third-generation business that has been a regional staple for nearly 80 years is exactly the type of transaction that makes this work so meaningful to our team.”
The acquisition strengthens RMA’s presence throughout Maryland and the Mid-Atlantic while expanding its motorcoach, charter and shuttle capabilities. Eyre’s experience serving corporate and employee shuttles, schools and universities, group charters, tours, events and large-scale transportation programs complements RMA’s existing operations and expands its ability to provide transportation solutions ranging from executive sedans and SUVs to Sprinters, minibuses, full-size motorcoaches and complex group transportation programs.
Eyre clients will gain access to RMA’s broader fleet, advanced technology, 24/7 operational support and extensive national and global transportation network, while continuing to benefit from the local knowledge, relationships and personal service for which Eyre is known.
For Eyre, the transaction represents an important step in the company’s evolution as the family transitions its focus away from motorcoach operations and toward its new heavy-duty service venture.
“Selling a business that has been part of our family for three generations was an incredibly personal decision,” said Matt Eyre, President of Eyre Bus Service. “Eyre has been a part of our family and the Maryland community for nearly 80 years, and finding the right home for the business was just as important to us as the transaction itself. Tower Partners understood that and helped us find a buyer who respects what our family built, cares about our employees, and has the vision to take Eyre’s legacy forward.”
Terms of the transaction were not disclosed.
About Tower Partners
Founded in 2008, Tower Partners is a premier national investment bank servicing the lower middle market. The team at Tower Partners has completed engagements with more than $30 billion in transaction value. Tower Partners specialize in providing Wall Street level investment banking to Main Street, with a focus on family, founder, and entrepreneurial-led businesses. Tower Partners has established itself as the go-to advisor for middle-market clients seeking high-quality execution and strategic advisory. The firm is headquartered in Columbia, MD with offices in New York, NY, and Greenwich, Connecticut, and partners in Florida, Georgia, Massachusetts, North Carolina, Texas and Oklahoma.
About RMA Worldwide Chauffeured Transportation
Founded in 1988 and headquartered in Rockville, Maryland, RMA Worldwide Chauffeured Transportation provides chauffeured and group transportation services to corporations, hotels, universities, government agencies, professional sports organizations, meetings and events, and private travelers. With operations across the United States and an extensive global affiliate network, RMA combines a diverse fleet, 24/7 operational support and advanced technology with an unwavering commitment to making Every Ride Count. For more information, visit www.rmalimo.com.
