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Tempur Sealy progresses with acquisition of Mattress Firm Group Inc., expecting to close in mid to late 2024

PRIVATEMar 12, 2024

Acquiring Company

Tempur Sealy

Acquired Company

Mattress Firm

LexingtonHoustonManufacturingConsumer GoodsE CommerceFashionRetailManufacturingHealth CareE CommerceFashionRetail

Description

Tempur Sealy International, Inc. provides an update on the acquisition of Mattress Firm Group Inc., anticipating the completion of the acquisition by mid to late 2024. The company has been working closely with the Federal Trade Commission to advance the transaction and has made significant progress in solidifying key supplier relationships to maintain Mattress Firm's position as a leading multi-branded retailer.

Quick answer

Tempur Sealy is acquiring Mattress Firm, announced March 12, 2024. Tempur Sealy is based in Lexington, Kentucky, United States.

How much did Tempur Sealy pay for Mattress Firm?
The deal value was not disclosed.
What does Tempur Sealy do?
Tempur Sealy International, Inc. is the world's largest bedding provider.
Where are Tempur Sealy and Mattress Firm based?
Tempur Sealy is based in Lexington, Kentucky, United States. Mattress Firm is based in Houston, Texas, United States.
Who are the decision-makers at Tempur Sealy?
Fundz holds 2 contacts at Tempur Sealy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Tempur Sealy

Location

Lexington, Kentucky, United States

About

Tempur Sealy International, Inc. is the world's largest bedding provider. The company develops, manufactures and markets mattresses, adjustable bases, pillows and other sleep and relaxation products. Combining a proud history and groundbreaking innovation, the company holds some of the most highly recognized brands in the industry: Tempur®, Tempur-Pedic®, Cocoon™ by Sealy, Sealy®, and Stearns & Foster®.

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Frequently asked

Who acquired Mattress Firm?

Mattress Firm was acquired by Tempur Sealy, based in Lexington. The deal was reported on March 12, 2024. Tempur Sealy International, Inc. is the world's largest bedding provider. The company develops, manufactures and markets mattresses, adjustable bases, pillows and other sleep and relaxation products. Tempur Sealy is privately held and operates in Manufacturing.

When did Tempur Sealy acquire Mattress Firm?

Tempur Sealy's acquisition of Mattress Firm was reported on March 12, 2024. Tempur Sealy International, Inc. provides an update on the acquisition of Mattress Firm Group Inc., anticipating the completion of the acquisition by mid to late 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mattress Firm do?

Mattress Firm, the nation's largest omni-channel mattress specialty retailer, has been helping solve America's sleep problems for more than 90 years through our family of brands. It is privately held, operating in Manufacturing, and is based in Houston.

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