Serta Simmons Bedding LLC
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.
Serta Simmons Bedding LLC - overview
Established
1870
Location
Doraville, GA, US
Primary Industry
Consumer Products
About
Serta Simmons Bedding, LLC, based in the US, is a manufacturer specializing in designing and producing a wide array of high-quality mattresses and sleep solutions, catering to diverse customer needs for improved sleep quality. Serta Simmons Bedding, LLC was founded in 1870 and is headquartered in Doraville, US. The company specializes in mattress manufacturing and has undergone various strategic pivots over the years. The latest funding round was a Recapitalisation, raising USD 670.
00 mn, which is the total amount the company has raised to date. The CEO of the company is Charlie Eitel. Serta Simmons Bedding specializes in the design and manufacturing of high-quality mattresses and sleep solutions. Their core product offerings include a range of innerspring, memory foam, and hybrid mattresses, designed to cater to a diverse clientele seeking improved sleep quality.
These products are engineered to address various sleep issues, such as support, comfort, and temperature regulation, ultimately promoting healthier sleep habits. Serta Simmons Bedding markets its products under well-known brands such as Serta, Beautyrest, and Tuft & Needle, targeting both individual consumers and commercial entities, including hotels and hospitality providers. The company's products are distributed widely across North America, as well as select international markets, thereby reaching a broad spectrum of end users, from everyday consumers to business clients in the hospitality sector. Serta Simmons Bedding generates revenue primarily through direct sales of its mattress products to consumers and through partnerships with retailers and wholesalers.
The typical transaction structure involves a mix of direct-to-consumer sales via their e-commerce platform and distribution through third-party retail stores. The company's flagship products, including those from the Beautyrest and Tuft & Needle lines, are strategically priced to align with market expectations while catering to a variety of customer needs. Revenue is further bolstered by partnerships with hospitality businesses that purchase mattresses and sleep products in bulk, creating a steady stream of income from B2B transactions. This dual approach not only enhances brand visibility in the consumer market but also establishes Serta Simmons Bedding as a significant player in the hospitality sector.
Serta Simmons Bedding is focused on launching new innovative mattress products and enhancing its existing sleep solutions portfolio. The company is targeting expansion into international markets, particularly within Europe and Asia, by 2025. The recent funding raised through the Recapitalisation will support these initiatives, alongside investments in marketing and e-commerce capabilities, aiming to bolster their market presence and enhance customer engagement.
Current Investors
Advent International, Ares Management, Teachers' Private Capital
Primary Industry
Consumer Products
Sub Industries
Furniture
Website
www.sertasimmons.com
Verticals
Manufacturing
Company Stage
Recapitalisation
Total Amount Raised
Subscriber access only
Serta Simmons Bedding LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcy/Write-off | Completed | Serta Simmons Bedding LLC | - | ||||||||
| N/A | Completed | Aurora Center I | - | ||||||||
| Recapitalisation | Completed | Serta Simmons Bedding LLC | - | ||||||||
| Add-on | Completed | Canwest Bedding Ltd | - | ||||||||
| Buyout | Completed | Serta Simmons Bedding LLC | - |
Displaying 1 - 5 of 9

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.