A Wilmington business that started in 1977 is under new ownership.
Holden Quinn and his father, Kim Quinn, bought Wilmington Awning, Shutter & Shade in a deal finalized in June, according to a news release from MidStreet Mergers and Acquisitions, which advised the previous owner in the deal. The transaction's financial details were not disclosed.
Founded by Jane Hardwick, the company provides installation, maintenance and parts for residential and commercial owners of shutters, awnings, shade curtains and screens throughout the Wilmington area and in surrounding communities, the release stated.
The company operates out of an 8,500-square-foot facility at 730 St. James Drive in Wilmington.
Holden Quinn said the business attracted the Quinns because of its brand recognition and loyal customer base. The seller was Scott Bodemann, who had purchased it from longtime employee and owner Clint Johnson.
"It has a history to it and I always loved that and that’s something that’s pretty hard to find," Holden Quinn said. "Making sure that continued was a big ask of Scott's – making sure someone really had that attention and care for it."
The business has 13 employees, he said. The new owners have plans to hire more installers and other roles in the future.
Holden Quinn said the company has been staying busy.
"It’s been rolling ever since day one," he said. "I’m constantly learning new things every day ... Business is great."
Born and raised in Duplin County, Holden Quinn has a bachelor's degree in business administration from High Point University, majoring in sales with minors in marketing and finance. He was an account manager for Megacorp Logistics from 2020 until this year.
Kim Quinn started Prima Tech USA in the early '90s, a company that designed, developed, manufactured and distributed animal health products globally through veterinary distribution and multinational pharma companies, according to the release. In November 2013, he sold his company to Neogen Corp. (NASDAQ: NEOG). More recently, the release stated, he has been completing the development of two family-owned coastal residential communities and managing other private investments.