Hickory Springs Manufacturing Company

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Hickory Springs Manufacturing Company - overview

Established

1944

Location

-, NC, US

Primary Industry

Consumer Products

About

Hickory Springs Manufacturing Company specializes in providing high-quality components for the bedding, furniture, and institutional markets, focusing on innovation and customer satisfaction. Founded in 1944, Hickory Springs Manufacturing Company operates from Hickory, North Carolina, USA. The company focuses on manufacturing components for the bedding and furniture industries. Hickory Springs Manufacturing offers a comprehensive range of products primarily focused on the bedding, furniture, and institutional markets.


Its core offerings include engineered innerspring frames, flexible polyurethane foam, polyester fiber batting, and various seating components, including sleeper mechanisms and mattresses. The company has expanded its product lineup to feature innovative solutions such as fabric-encased micro coils and roll-packed mattresses, designed to enhance comfort and support for end users. Hickory Springs serves a diverse clientele that includes manufacturers in the residential and hospitality sectors, as well as institutional markets requiring high-quality bedding components. The geographical markets for these products extend beyond the company's location, reaching clients in North America and international territories, catering to a broad spectrum of applications from residential furnishings to commercial hospitality needs.


Hickory Springs Manufacturing generates revenue through a business-to-business model, primarily supplying components to manufacturers and retailers in the bedding and furniture industries. Transactions typically occur through direct sales agreements with partners, allowing for customized orders that meet the specific needs of their clients. The company’s flagship offerings, such as the HS Bedding Products and HS Foam Fabricators, are procured through contract arrangements, ensuring consistent supply for large-scale operations. Pricing structures may vary based on order volume and product specifications, but specific pricing plans for the various components are tailored to meet competitive market demands.


The revenue streams are supported by long-term relationships with clients, facilitating ongoing contracts and repeat business across its extensive product lines.


Primary Industry

Consumer Products

Sub Industries

Furniture, Wood/Hard Products

Website

www.hickorysprings.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Hickory Springs Manufacturing Company - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
N/ACompletedRedwood Hickory-
BuyoutCompletedHSM Foam-
MergerCompletedElite Foam, Inc, HSM Foam, Pacific Urethanes Pty Ltd-
Trade SaleCompletedThe C.E. White Co.-

Displaying 1 - 4 of 4

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.