Source Announces The Acquisition Of Wildwood House Procurement Division As It Expands Its Tech-Enabled Commercial Procurement Services
Source’s recent acquisition of Wildwood House’s procurement division helps to further expand the project pipeline and bring additional procurement resources and expertise to the team.
PORTLAND, OR -- JULY 7, 2022 – Source, a digital platform that connects architects, designers, contractors, and manufacturers in commercial construction from product discovery to procurement and delivery, announced today the acquisition of Wildwood House’s procurement division. Wildwood House (WWH) offers expert furniture procurement, and an online retail store. Source acquired the procurement division of WWH to strengthen its ability to service a growing need in the procurement space. The WWH team has a deep expertise in workplace, hospitality and multi-family residential procurement projects, delivering for clients like OnPoint Community Credit Union and The Knot Worldwide.
“We have been so impressed with the Wildwood House team’s dedication to client service, relationship building, and ability to deliver unique solutions for their industry leading clients. Our companies have a shared vision for the future of the industry, and we understand that the future is built one specification at a time. Our ability to deliver wholly customizable solutions is part of what makes us unique and the Wildwood House team is an important part of deepening that expertise” said Nicole Schmidt, the founder and CEO of Source when asked about the acquisition.
Brittney (Brit) Herrera, Co-Founder, Wildwood House stated:
“We have valued Source as a partner for our material library needs for years. When we learned they were disrupting the procurement industry in the same way they had done to the materials library, we had to learn more. What we found was an exciting future for procurement together and a huge amount of value for our clients. By leveraging technology to not only be more efficient, Source has streamlined the client's ability to make informed decisions all while having the most competitive pricing structure we have seen, bar none. Matching our seasoned team with this groundbreaking project delivery system will expand our ability to become an undisputed leader in this space.”
Source has seen continued growth of commercial projects being added to the platform by architecture and design firms, owners and contractors over the past 18 months. Currently over 4.1 billion dollars of project value are being managed on Source. With the acquisition of the procurement division from Wildwood House, Source will expand the team working on FF&E procurement for commercial projects, such as the recently completed project with Pacific Northwest based biotech company, Absci. Source will continue the growth of their digital product catalog, including furniture, fixtures and accessories to support new projects and ensure they consistently exceed their client’s schedule, wellness and aesthetic goals, while staying on budget
About Source
Source is the procurement + decision engine for commercial architects + designers. We streamline product selection by providing an industry-leading product catalog from over 390+ brands, on-demand experts, a Capture tool that allows users to source an infinite catalog from around the web, and our project tools, like our pricing and budgeting dashboard, to track fast and headache-free product decisions from Discovery to Delivery.
About Wildwood House
Wildwood House is a Portland, Oregon based business that began with a desire to enable founder Brittney Herrera’s architectural and interior design clients with best in class procurement services. It offers curated solutions from a diverse network of manufacturers, artisans and makers from coast to coast in a variety of fields—from ceramics, to desks, textiles, wood, furniture, lighting, and small goods. Herrera’s expertise leading office design for Fortune 100 companies with incredibly innovative workplaces has also provided her with an extraordinary insight into how to create spaces that empower people to do their best work while focusing on wellbeing, and upholding their vision, comfort, and values. With a heart-forward approach, Wildwood House believes in connecting people with beautiful products with a purpose and creating spaces that elevate everyday life. Learn more at wildwood-house.com.
