Genaesis Advises SRM Group on Its Acquisition of CNC Federal Supplies
Genaesis served as buy-side advisor to SRM Group.
Tysons Corner, Va. · January 2025
SRM Group, LLC, a service-disabled veteran-owned provider of housing management, facilities support and maritime logistics to federal agencies, has acquired CNC Federal Supplies, LLC, a supplier of office products, IT and facility supplies to federal and commercial customers, based in Jacksonville, Florida.
CNC Federal Supplies, which trades as CNC Federal, supplies office products, information technology and imaging products, business equipment and facility supplies to public and private sector customers nationally. At the time of the transaction it was a service-disabled veteran-owned small business and a self-certified small disadvantaged business.
The acquisition was the second of two follow-on transactions completed within weeks of each other, closing a week after SRM Group acquired V W International. Both build on the platform Kent Nygren acquired in June 2023.
Terms of the transaction were not disclosed.
Genaesis served as buy-side advisor to SRM Group.
- Buyer
- SRM Group, LLC
- Buyer focus
- Housing management, facilities support and maritime logistics for federal agencies; service-disabled veteran-owned
- Buyer HQ
- Virginia Beach, Virginia
- Target
- CNC Federal Supplies, LLC
- Target focus
- Office products, information technology and imaging products, business equipment and facility supplies for federal and commercial customers
- Target HQ
- Jacksonville, Florida
- Sector
- Government contracting
- Transaction
- Acquisition (add-on)
- Genaesis role
- Buy-side advisor to SRM Group
- Closed
- January 2025
- Terms
- Not disclosed
About Genaesis
Genaesis is an M&A advisory firm serving the government contracting, aviation, and defense markets. Headquartered in Tysons Corner, Virginia, Genaesis has built one of the leading buy-side M&A practices in government contracting. For companies and investors pursuing growth through acquisition, Genaesis designs and executes programmatic, outsourced buy-side M&A from target identification through closing. Its advisors combine deep sector expertise with a proprietary market intelligence and relationship platform, giving clients differentiated access to acquisition opportunities and capital.
