January 8, 2009
Sleep America chain sold but stores will stay in Arizona
Valley mattress retailer Sleep America is getting into bed with Sleep Country Canada.
The Ares Corporate Opportunities Fund, L.P. , the private equity fund of Ares Management LLC, and Teachers' Private Capital, the private equity arm of the Ontario Teachers' Pension Plan , announced today they have signed a definitive agreement to buy National Bedding Co. , maker of Serta mattresses, one of the oldest and best known names in the bedding industry.
Spring Air Mattress closing Denver factory
By Bob Mook Denver Business Journal Spring Air Mattress Co. of Colorado will close its factory at 1055 S. Jason St. in Denver, effective July 23, a spokeswoman confirmed July 16.
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