Sun Capital Affiliate Invests in Mancini's Sleepworld

Fairfax (via 16133258 Canada Inc.) Acquires Sleep Country Canada

October 1, 2024

Retail

Fairfax Financial Holdings, through a newly formed wholly-owned subsidiary 16133258 Canada Inc., completed a cash takeover of Sleep Country Canada Holdings Inc. under a court-approved plan of arrangement, paying C$35.00 per common share. Sleep Country will be delisted from the TSX and cease reporting as Fairfax takes the specialty mattress retailer private.

Sleep Country Canada Acquires Silk & Snow Inc.

January 4, 2023

E-Commerce

On January 4, 2023, Sleep Country Canada Holdings Inc. closed the acquisition of substantially all assets of Silk & Snow Inc. for approximately C$24 million in cash plus up to C$19.45 million in contingent cash consideration. The deal brings a fast-growing Toronto-based direct-to-consumer sleep and lifestyle brand into Sleep Country’s portfolio to expand its DTC e-commerce capabilities and product offering.

Wynnchurch Capital Makes Growth Investment in Mattress Warehouse

January 17, 2022

Retail

Wynnchurch Capital has made a strategic growth investment in Mattress Warehouse, a leading independent mattress retailer founded in 1989 with over 300 retail locations and headquartered in Frederick, Maryland. Wynnchurch will join the company's board to help accelerate growth (targeting 500+ locations) and enhance Mattress Warehouse's digital and omnichannel capabilities.

Cortec Group Growth Recapitalizes Little Sleepies

December 10, 2021

Consumer Products

Cortec Group, via an affiliated investment group led by Cortec Fund VII, completed a growth recapitalization of Little Sleepies, LLC on October 29, 2021. The minority/growth investment will partner with founder and CEO Maradith Frenkel to accelerate brand awareness, expand product categories, and scale digital marketing and supply chain capabilities.

Tempur Sealy Acquires Dreams, UK Specialty Bed Retailer

May 27, 2021

Retail

Tempur Sealy International has signed an agreement to acquire Dreams, the United Kingdom's leading specialist bed and mattress retailer, for approximately $475 million (less net debt and working capital adjustments). The acquisition, primarily from an affiliate of Sun Capital Partners / Sun European Partners, expands Tempur Sealy's direct-to-consumer footprint in the UK and is expected to be accretive to EPS while complementing the company’s existing UK operations.

Centre Lane Affiliate Acquires Assets of Hollander Sleep Products

September 13, 2019

Consumer Products

An entity affiliated with Centre Lane Partners completed the acquisition of certain assets of Hollander Sleep Products, LLC out of Chapter 11 and recapitalized the business. Hollander, headquartered in Boca Raton, Florida, is a leading North American designer and manufacturer of pillows, comforters, mattress pads and other bedding products and will operate as a revitalized platform under Centre Lane's ownership.