Serta Simmons Bedding LLC

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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 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)
Bankruptcy/Write-offCompletedSerta Simmons Bedding LLC-
N/ACompletedAurora Center I-
RecapitalisationCompletedSerta Simmons Bedding LLC-
Add-onCompletedCanwest Bedding Ltd-
BuyoutCompletedSerta Simmons Bedding LLC-

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