Commercial Office Interiors Merges with Silicon Valley Powerhouse InsideSource
Commercial Office Interiors has merged with Silicon Valley-based workplace consultants and office furniture products powerhouse InsideSource.
The combined company will continue to operate from its location at 2601 4th Avenue in Seattle and retain all Commercial Office Interiors (COI) employees including local leadership. Terms of the new business formation were not disclosed. The Seattle office will do business as Commercial Office Interiors, an InsideSource Company. Dozens of InsideSource clients in the San Francisco Bay Area – many of them technology firms, have satellite operations in the Puget Sound area.
The Puget Sound Business Journal ranked Commercial Office Interiors as the fourth largest office furniture dealer in the region for 2015 with $38 million in sales and 38 employees. The most recent San Jose Business Journal Book of Lists puts the InsideSource as the second largest commercial office furniture dealer in Silicon Valley. The firm expects 2016 revenue to be $112 million. InsideSource was co-founded by President Dave Denny in 1991.
InsideSource’s expansion into Seattle follows its 2014 growth into San Francisco with the merger of Young Office and the 2015 opening in San Jose. Combined, InsideSource now has approximately 200 employees in sales, management, administration, design services, project management and operations. The company is headquartered at 985 Industrial Road in San Carlos. San Carlos is on the San Francisco Peninsula mid-way between San Francisco and San Jose.
Both companies are established Allsteel dealers. Allsteel is an operating company of HNI, a leading global provider and designer of office furniture, providing products and solutions for workplace environments.
“There is a great deal of synergy between our firms, beyond the fact that we are both major Allsteel distributors. The merger with InsideSource adds a tremendous level of resources and industry knowledge to our existing platform, and the tech connection between our core markets and the robust tech scene in Seattle were really the drivers of the deal,” said Doug Sackville, Commercial Office Interiors General Manager.
Added Dave Denny: “We’re excited to expand from the position of serving a handful of clients in Seattle to immersing ourselves there and becoming a bigger part of the Pacific Northwest community. Commercial Office Interiors has a great group of people and solid reputation for superior customer service. It’s an excellent fit for us and the move continues our growth in technology-oriented markets.”
Brandon Sieben, Allsteel President commented: "COI and InsideSource share a strong commitment to exceptional customer service. This merger brings resources, strategic experience and a fresh perspective to our existing platform and I’m confident that will position us well for continued success.”