Acquisition Momentum FMG acquired Contract Associates in December 2023, presenting a prime opportunity to engage post-merger clients and cross-sell FMG’s broader furniture solutions to an established Albuquerque and El Paso customer base.

Regional Focus Strong local footprint in New Mexico and Southwest Texas with government, healthcare, education, and corporate sectors. Ideal targets include Sandia and Los Alamos national labs, UNM and state/local agencies for turnkey interiors, modular walls, and collaboration tech.

Awarded Dealer Contract Associates is a Best-In-Class Haworth dealer with a history of manufacturer and customer awards, signaling credibility and an enhanced ability to close enterprise-level deals and upsell premium systems furniture.

Small but Specialized Small team (2–10 employees) with licensed interior designers and project managers suggests high service levels and potential for targeted, high-margin projects in niche environments, including government and healthcare facilities.

Expansion Prospects Existing presence in Albuquerque and El Paso with modular interiors, raised flooring and collaboration technology aligns with growing demand for flexible, ergonomic workspaces; explore hybrid and edu/healthcare retrofit opportunities and FMG’s broader product lines.