Material Bank completed the acquisition of Clippings.

Material Bank, an architecture marketplace, completed the acquisition of Clippings, an interior design procurement firm. Financial terms were not disclosed. "If you kind of zoom out and look at the way business is done in the design, real estate and construction sector, it's still a very low single-digit percentage that goes through some kind of online presence. So I think there's this huge, huge opportunity in this industry."Adel Zakout, Clippings Executive Chairman and Co-Founder . .