Sleep Innovations to be Acquired by Sun Capital Partners
October 18, 2012,
WEST LONG BRANCH, N.J.-Sleep Innovations has reached an agreement to be purchased by Sun Capital Partners.
Terms were not disclosed, nor was a date given for the closing of the deal in a joint statement issued this morning by Sleep Innovations and Sun Capital. Michael Thompson, Sleep Innovations' president and CEO, said, "Given its wide range of portfolio companies, financial strength and operating expertise, Sun Capital offers Sleep Innovations the breadth of financial and operating capabilities to support the future growth of the company."