Thirty-year-old Stress-O-Pedic is one of the West Coast’s largest independent bedding producers and a regional leader in creating premium sleep products at affordable prices, a news release said.
“It’s exciting for Therapedic to have someone like Michael Mulligan at Stress-O-Pedic represent our brand,” said Gerry Borreggine, Therapedic president and chief executive officer. “Our compatibility in terms of industry experience, values and business ethics made this the quickest licensing deal Therapedic has ever signed. We have been searching to find a company in our southwest territory whose goals and capabilities matched Therapedic’s culture and philosophy. Stress-O-Pedic fills that void, and I am thrilled to welcome them into the Therapedic family.”
Of the partnership, Mulligan, Stress-O-Pedic chief executive officer, said, “I am thrilled to join a prestigious brand like Therapedic. We considered several business opportunities before deciding to become a Therapedic licensee, whose strong brand recognition among consumers and extensive industry experience gives us the ability to grow our business exponentially.”