The Advance Group Acquires Sorensen Moving & Storage and Sorensen Logistics
NEW YORK, April 12, 2023 (Newswire.com) - The Advance Group (TAG), New York City's largest moving, logistics, delivery + installation, tech services and warehousing company, is pleased to announce its acquisition of Sorensen Moving & Storage and Sorensen Logistics, operating out of Orlando and Melbourne, Florida.
Sorensen, established in 1956, has continued through three generations of the Sorensen Family. Scott Sorensen gained control in 1977 and expanded through quality values, focused leadership, and customer service. After converting to Mayflower Van Lines and experiencing tremendous growth, Sorensen expanded into the Orlando market in 2013 with a 150,000 sf facility focused on logistics, commercial moving, installation, FF&E. Now occupying over 200,000 sf, Sorensen Moving & Storage is one of the largest family-owned moving companies.
An award-winning Mayflower Transit Agent and Office Moving Alliance (OMA) partner, Sorensen presented a perfect opportunity for TAG. TAG's household moving brand Molloy Moving & Storage, coupled with Sorensen Moving & Storage's capacity, expertise, and quality, results in one of Mayflower Transit's largest agents and interstate fleets.
Scott Sorensen remains onboard as consultant to TAG's Executive Team. Chris Sorensen remains President of the Sorensen brand, focused on continued growth and strategic relations. "Having the opportunity to lead and grow the Sorensen team for 47 years is one of my life's greatest joys and accomplishments," said Scott Sorensen, CEO of Sorenson Moving & Storage. "I am extremely proud of our team and the organization we have become. I am also excited to have the opportunity to step away and allow the next generation of leaders to run the company. Under the guidance of Anthony Parziale, and the entire leadership team at The Advance Group and Sorensen, I know that our team is in great hands and will achieve tremendous success. Finding a strategic buyer that matched our culture, values and was willing to continue to cultivate what we built was extremely important to me. The more we explored this opportunity, the more it was apparent that TAG was the perfect fit for us. I appreciate the commitment and support that I have received over many years from the Sorensen team, our customers, industry partners, and community."
The collective organization is fired up about the opportunity and TAG's plan is to continue seeking strategic acquisition. The transaction was completed on March 31, 2023, with undisclosed terms.
The Advance Group (TAG) is the largest and most experienced corporate moving solutions provider in the NY tristate area. TAG offers office moving, furniture installation, product distribution, storage, technology solutions, refinishing services, logistics and document management. TAG has over 42 years of experience, national and international connections for complex moves, the industry's largest talent pool and most experienced management team, and a centralized management operation for a seamless, cost-effective, and highly coordinated response.
Source: The Advance Group