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
| Oct 16, 2013
5 secrets of successful entrepreneurs
If you’re on the outside looking in, successful entrepreneurship may seem mysterious. But it isn’t. Here are five patterns of behavior that are common to successful entrepreneurs.
| Oct 15, 2013
Sustainable design trends in windows, doors and door hardware [AIA course]
Architects and fenestration experts are looking for windows and doors for their projects that emphasize speed to the project site, a fair price, resilient and sustainable performance, and no callbacks.
| Oct 15, 2013
Statue of Liberty update brings patrons closer to the action
While past renovation and restoration work on Liberty Island received more fanfare, the latest update arguably has had a greater impact on the three million people that visit the monument each year.
| Oct 15, 2013
Cass Gilbert's landmark St. Louis Central Library gets a reboot
A $70 million project returns large sections of the building to their original Beaux Arts beauty, while modernizing the spaces to make them more inviting and useful for today’s patrons.
| Oct 15, 2013
High-rise Art Deco courthouse gets a makeover in Amarillo, Texas
Recognized as one of the most significant Art Deco courthouses in Texas, the Potter County Courthouse is modernized and restored to its 1930s aesthetic.
| Oct 15, 2013
Historic LA YMCA-turned apartment building wins World Architecture Festival award
A major renovation of an historic YMCA in Los Angeles to an apartment facility was named the 2013 World Architecture Festival Housing Award recipient.
| Oct 15, 2013
15 great ideas from the Under 40 Leadership Summit – Vote for your favorite!
Sixty-five up-and-coming AEC stars presented their big ideas for solving pressing social, economic, technical, and cultural problems related to the built environment. Which one is your favorite?
| Oct 14, 2013
How to leverage workplaces to attract and retain top talent
Just about every conversation I have related to employee attraction and retention tends to turn into an HR sounding discussion about office protocols, incentives, and perks. But as a workplace strategist, I need to help my clients make more tangible links between their physical workplace and how it can be leveraged to attract and retain top talent. Here are some ideas.
| Oct 14, 2013
The next level of Lean process for healthcare
Most hospitals have begun the Lean process improvement stage to eliminate waste, reduce travel distances, and minimize inventory, with varying levels of success. Here are three keys to creating a prosperous Lean program.
| Oct 10, 2013
Behind the scenes at the U40 Summit: See the $5,000 U40 Vision competition in progress [slideshow]
Sixty-five up-and-coming AEC leaders are battling for $5,000 in prizes today at BD+C's Under 40 Leadership Summit in San Francisco.
