For Immediate Release
(Itasca, IL, July 13, 2020) Henricksen announces it has entered a business arrangement to transfer its senior living design practice to Banko Design effective immediately.
Henricksen’s senior living group evolved over the last decade from a small senior living procurement team based in Henricksen’s Minneapolis office into a full-service interior design and procurement practice. Russell Frees, president and CEO of Henricksen said, “this arrangement is an opportunity of our senior living design staff to join a dedicated interiors firm so they may continue to grow professionally and it enables Henricksen to refocus our resources back into our core competencies as a contract furniture dealer and procurement business.”
Melissa Banko, principal and founder of Banko Design said, “Banko Design was looking for opportunities to expand into the Midwest and found that Henricksen’s senior living group aligned well with our business model.” Melissa added, “we are excited to welcome this talented design group into our firm and expand our geographic reach.”
Henricksen will continue to offer procurement services for senior living and multi-housing projects but will no longer provide design services. Ownership rights to the Henrik & Co brand will be retained by Henricksen.
Both Russell Frees and Melissa Banko are committed to a smooth transition of the senior living design group from Henricksen to Banko Design to ensure a seamless experience for both design services clients and employees.
Henricksen is a full-service contract furniture dealership specializing in office, healthcare, education, government, senior living, and hospitality spaces. In 1962, Henricksen opened its doors as a small, family-run dealership. Today, Henricksen is a leading national dealership with seven offices, 245 full-time employees, and annual sales topping $258 million. With 300+ manufacturer partnerships, Henricksen’s offers an array of products from systems furniture, casegoods, seating, lounge, and conference furnishings to architectural solutions including modular walls, flooring, lighting, sound masking, and technology equipment. Henricksen is one of the largest privately-owned dealer partners of HNI in the United States. HNI’s furniture brands include Allsteel, HBF, The HON Company, and Gunlocke. www.henricksen.com
About Banko Design Banko Design is a full-service Interior Design and FF&E Procurement firm specializing in the Senior Living, Multifamily, and Hospitality industries. Since its founding six years ago, the firm has quickly gained a reputation for their highly talented team, ability to achieve great design at any budget, and superior level of detail and documentation. The team at Banko Design approaches design “resi-mmercially” by creating thoughtful, inviting atmospheres that are furnished with the highest quality products suitable for a commercial environment. With a warehouse attached to their Marietta, GA warehouse, Banko Design’s collaborative team of designers, interior architects, and procurement agents work together to ensure each step of the project is seamless from concept to install, making the process easy and fun for their clients. In addition to their Georgia studio and warehouse, Banko Design has additional remote studios in Florida & Texas and has the ability to service clients across the entire country. www.bankodesign.com
About Henrik & Co.
An independent brand of Henricksen, Henrik & Co. is a full-service design and procurement practice specializing in senior living and multi-family housing projects. Henrik & Co. works on projects across the country from its primary location in Minneapolis, MN. www.henrikco.com
Anne Nowicki, Marketing, Henricksen, email@example.com , 312.404.8925
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