Hardy Moving and Storage, the full-service moving and storage company servicing the Outer Banks of North Carolina and the greater East Coast, announces the recent sale of the business to a new owner.
Following the sale of the Harbinger-based locale to Samip Patel, all employees remained with the business after the transaction was complete. The deal was structured as an asset sale and was finalized on March 16 of 2023.
History of Hardy Moving and Construction
Founded in 1992 by Charles Hardy, Hardy Moving and Storage is the most recognized name in the Outer Banks for moving and storage services.
The company was originally founded as a public warehouse, where customers could store their personal belongings for a fee. After receiving seemingly countless requests for moving services, Charles decided to expand the company to focus on a combination of moving and storage for residential and commercial customers.
About Charles Hardy
Mr. Hardy began his career building cabinets and remodeling houses. After starting a public warehouse for customers to ship and store furniture and other household items, the demand for his moving services caused him to shift his focus to the moving business.
30 years later, Mr. Hardy is ready to move on to the next chapter in his life.About Samip Patel
Samip Patel moved to Harbinger, North Carolina after 25 years as a banker in Lincoln, Nebraska.
MidStreet Mergers and Acquisitions 8801 Fast Park Drive Suite 301 Raleigh, NC 27617
After moving to the Outer Banks, Mr. Patel was in search of a successful business with a proven process and outstanding local reputation, which he found in Hardy Moving and Storage.
Under Mr. Patel’s ownership, Hardy Moving and Storage will expand its warehousing capabilities and continue offering the same commercial and residential moving services it has offered for the last thirty years.
About MidStreet Mergers and Acquisitions, Charles’s M&A advisor
MidStreet Mergers and Acquisitions is an M&A advisory firm based out of Raleigh representing home services, manufacturing, and distribution businesses doing $1M-$25M in revenue throughout North Carolina in the sale of their companies.
MidStreet was established in 2001 with the goal of providing business owners with a higher level of service than traditional business brokers. Notable sales in the area include TW’s Bait & Tackle (Nag’s Head), Caribbean Pools and Spas (Kitty Hawk), and Stop N Shop.
To learn more about MidStreet Mergers and Acquisitions, contact Jonah Pollone at 919-263-2550 or visit their website: www.midstreet.com.