Mattress Firm Closes on Sleep Experts Purchase

Mattress FirmHOUSTON-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.

The acquisition was one of three announced by Mattress Firm in early March, which altogether added 93 stores to its base. The other two purchases were Mattress Firm franchisee Yotes, which operates stores under the Mattress Firm brand in Colorado and Kansas, and the Virginia retail operations of Southern Max, another Mattress Firm franchisee. Altogether, the three acquisitions cost Mattress Firm about $80.5 million.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.


  • Von Tobel Cites Brass Textures Among Top Trends

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN cover for September 2017


    September 2017


    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


    •  TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
    •   Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
    •  N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.