AFC Industries expands military, defense services with acquisition
AFC Industries has acquired Chicago-based Cavanaugh Government Group (CGG).
Founded in 2012, Cavanaugh Government specializes in the sourcing and distribution of parts and services for military and defense applications and logistics across all government sectors.
“We are excited to have Mike, Dina, and the Cavanaugh team as part of the AFC family," said AFC CEO Kevin Godin. "Expanding the capability and depth of our Aerospace and defense group is a key strategic focus for us and CGG is another important step in that direction. They bring a lot of expertise and even more importantly, they understand that value isn’t just in having parts on the shelf, but partnering with customers to solve problems, simplify their processes, and enable them to focus on what they do best. Like AFC, CGG cares as much, and more, about their customers’ components as their customers do.”
CGG Owner Mike Cavanaugh said, “We have worked hard to build a great team and grow our business. We were looking for the right partner to help us take it to the next level and we are confi-dent and excited about the next chapter as part of the AFC team. Everyone at AFC we have met throughout this process has been honest, professional, and great to work with. The resources and culture they bring give us a great opportunity to accelerate what we are doing here.”
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about the ISA's Veterans Empowerment Network. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
