Mattress Firm plans IPO

Houston–based retailer Mattress Firm has filed for an initial public offering and seeks to raise as much as $115 million, according to a preliminary filing made June 10 with the U.S. Securities and Exchange Commission.

Private equity firm J.W. Childs Associates LP, the majority partner in Mattress Firm, would maintain a controlling interest in the company after the IPO. J.W. Childs bought the retailer from Sun Capital Partners in 2006.

Barclays Capital Inc., UBS Securities LLC and William Blair & Co. LLC are underwriting the IPO. Price per share has not been determined. The company intends to use the symbol MFRM.

Mattress Firm reported net sales of $494.1 million and a profit of $885,000 for its most recent fiscal year, ended Jan. 30. It reported total debt of $398.7 million.

The retailer has more than 680 stores in 23 states.

Most Recent Posts

Shifman’s Timeless and 1893 Collections Gain Retail Momentum

Following their debut at the January 2025 Las Vegas...

Interzum 2025: The Best Breakthroughs in Bedding Technology

Components and machinery suppliers brought their best and brightest...

ISPA Staff Spotlight: Robin Mykytyn on Publications, Events & More

ISPA Staff Spotlight: Robin Mykytyn, who supports the association’s...