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Boston Trade Interior Solutions Acquires Interior Design and Architecture Firm Design Environments
Tuesday 27 July 2021

US-based hospitality industry interior design, procurement, and project management services provider Boston Trade Interior Solutions and its partner Blackford Capital have acquired the assets of interior design and interior architecture firm Design Environments Corp., the company said.

Design Environments serves single and multi-family developments, collegiate housing and continuing care retirement communities.

Terms of the deal were not disclosed.

According to the company, the transaction creates a single-source, national entity providing interior design, interior architecture, procurement, project management and installation services to a wider array of residential, overnight, and short-term rental owners and developers.

Marietta, Georgia-based Design Environments works across the country and is the premier provider of interior design and interior architecture services in the southeast region of the US.

DEI will join Boston Trade, which has offices in Boston, Chicago, and San Francisco, as a division of Hospitality Consolidation company, a Blackford Capital portfolio holding company.

DEI's unique approach to providing a fully company-owned and managed turnkey solution to its clients has driven its evolution into the go to interior design provider for large regional and national developers.

There are no staffing changes expected for the 48 employees of Design Environments. Donna DeLuca, who founded Design Environments in 1991, will stay on as strategic consultant while Kristen Holloway will remain with the company as its president.

The entire management team will also remain in place.

Blackford Capital is an 11-year-old Midwest-based private equity investment firm specializing in helping founder-and family-owned companies supercharge performance by improving operations and implementing aggressive growth plans.

Dickinson Wright PLLC, Honigman LLP, and King and Spaulding LLP served as legal advisors; and Midland State Bank and Assurance Mezzanine Fund provided financing. Plante Moran provided deal structure and accounting services.

Benchmark International, Moore Ingram Johnson and Steele, LLP, and HLB Gross Collins, P.C. represented the seller.

Boston Trade has provided interior design and furniture, fixtures and equipment procurement solutions customized to the hospitality industry across the US since 1979. Boston Trade international merged with Vertically Integrated Projects on March 17, 2021.

Headquartered in Bloomingdale, Illinois and with design and project management centers in Bloomingdale, Hudson, Massachusetts and Freemont, California, Boston Trade Interior Solutions is a provider of professional design, procurement, project management and logistics services for the renovation and new construction of hospitality interiors.

Design Environments, based in Marietta, Georgia, is an interior design firm specializing in the interior architecture and merchandising of model homes, clubhouses, and amenity/sales facilities throughout the United States.
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Date Published: 27/07/2021

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