Mattress Firm Closes on Sleep Experts Purchase
April 4, 2014,
HOUSTON-Mattress Firm has completed its acquisition of the outstanding partnership interests in Sleep Experts Partners.
With this purchase, according to a Mattress Firm statement, the company expects to operate an additional 55 stores in the Dallas and Austin, Texas, markets, already two of the company's core markets. The acquisition is also expected to advance Mattress Firm's relative market-share strategy and drive long-term value for its shareholders. The statement added that Mattress Firm will further evaluate Sleep Experts' operations in the coming months before determining a branding strategy for the chain.