Two global design firms focused on interiors are joining forces via a strategic partnership. IA | Interior Architects, which BD+C’s 2019 GIANTS list ranked 11th for architectural revenue, will share resources with Space Matrix, with project experience in over 80 cities, in a Global Studio that connects over 1,400 professionals across 37 locations worldwide.
This partnership will allow the firms—which continue to operate as separate entities—to jointly serve clients in more than 60 countries and over 500 cities. The firms will be completing projects, sharing research, and hosting joint think tanks to expand their expertise and drive innovation.
The two companies had been working on this partnership since last July. “It was important to spend significant time with each other to ensure that our values, culture and business were aligned before formalizing our agreement,” David Bourke, Co-CEO and president at IA, states in an email response to BD+C’s questions. The partnership was scheduled to launch earlier this year, but got postponed by the coronavirus outbreak.
Bourke explains that the partnership, and the global reach it provides both firms, make even more sense because of the pandemic. “This is extremely powerful during a time when international travel, and travel in general, is restricted but projects continue to be designed and delivered for clients. Even in more normal times this will still be true, as there is no substitute for local knowledge and data. Project delivery is complicated, and we believe that by engaging IA Space Matrix, clients will gain a more sustainable and satisfying product.”
From left: David Bourke, Co-CEO and President, IA | Interior Architects; Arsh Chaudhry, CEO, Space Matrix; Tom Powers, Co-CEO and President, IA | Interior Architects.
THE ALLIANCE SPANS THE GLOBE
IA | Interior Architects was founded in 1984, and is employee owned. It claims to be the world’s largest architectural firm focused on interiors. Space Matrix, founded in 2001, has a three-pronged business model that encompasses workplace strategy, interior design, and design-build.
Through the strategic partnership, the firms wanted to create a different delivery model “where we were highly invested in each other” and not just a “loose alliance,” says Bourke. IA has a strong presence in the Americas, Europe, the Middle East, and Africa. Space Matrix has similar strength in Asia Pacific, “so there is no overlap in geography or ambitions” that might impede the goal of offering clients an organized delivery process, says Bourke.
He adds that the firms are aligned in other ways: shared clients, a commitment to design excellence and R&D, and complimentary market portfolios. Both firms have also invested in reimagining design technologies, “which we believe provides enhanced value for our clients creating a competitive advantage,” says Bourke.
Related Stories
| May 13, 2014
Drexel University case study report: Green Globes cheaper, faster than LEED
GBI’s Green Globes certification process is significantly less expensive to conduct and faster to complete than LEED certification, says Drexel prof.
| May 13, 2014
Steven Holl's sculptural Institute for Contemporary Art set to break ground at VCU
The facility will have two entrances—one facing the city of Richmond, Va., the other toward VCU's campus—to serve as a connection between "town and gown."
| May 13, 2014
Universities embrace creative finance strategies
After Moody’s and other credit ratings agencies tightened their standards a few years ago, universities had to become much more disciplined about their financing mechanisms.
| May 13, 2014
19 industry groups team to promote resilient planning and building materials
The industry associations, with more than 700,000 members generating almost $1 trillion in GDP, have issued a joint statement on resilience, pushing design and building solutions for disaster mitigation.
| May 13, 2014
Libeskind wins competition to design Canadian National Holocaust Monument
A design team featuring Daniel Libeskind and Gail Dexter-Lord has won a competition with its design for the Canadian National Holocaust Monument in Toronto. The monument is set to open in the autumn of 2015.
| May 12, 2014
Defining BIM – What do owners really want?
Given the complexities of the building process, it can be difficult for building owners to effectively communicate what they want and need with BIM. The response to the question usually is, “Give me everything.”
| May 12, 2014
The best of affordable housing: 4 projects honored with 2014 AIA/HUD Secretary Awards [slideshow]
The winners include two dramatic conversions of historic YMCA buildings into modern, affordable multifamily complexes.
| May 11, 2014
8 starter questions to answer when thinking about building
So, are you ready to start building? Completing these eight questions will help you answer that confidently. SPONSORED CONTENT
| May 11, 2014
Final call for entries: 2014 Giants 300 survey
BD+C's 2014 Giants 300 survey forms are due Wednesday, May 21. Survey results will be published in our July 2014 issue. The annual Giants 300 Report ranks the top AEC firms in commercial construction, by revenue.
| May 10, 2014
How your firm can gain an edge on university projects
Top administrators from five major universities describe how they are optimizing value on capital expenditures, financing, and design trends—and how their AEC partners can better serve them and other academic clients.
