Mattress Firm acquires Texas sleep shop chain Mattress Pro

31 Dec '07

2 min read

Mattress Firm, one of the nation's leading mattress retailers announced that it has completed the acquisition of Mattress Pro, a 36-location mattress retailer with locations throughout Nevada and Texas. Terms of the acquisition were not disclosed.

Mattress Pro operates stores in major cities in Texas and Nevada and its partners include several individuals with past ties to Mattress Firm, including Mattress Firm co-founder Harry Roberts and former franchise owner Philip Busker.

The acquisition of the 36-location chain increases Mattress Firm's market dominance in several cities, bringing store counts to 19 in Las Vegas, 26 in San Antonio, 23 in Austin, 53 in Dallas and 53 stores in Mattress Firm's hometown of Houston. The acquisition expands Mattress Firm's total store count nationwide to more than 440 stores in 36 markets across 21 states.

“We are pleased to have completed this acquisition as it allows us to further establish our leadership position in several key and growing markets,” said Gary Fazio, CEO of Mattress Firm.

“Our commitment is to continue to build on the solid reputation that both companies have already established in these markets for providing great products, value and service, in addition to offering customers a truly unique retail experience, valuable sleep expertise and the broadest selection of products and brands in the industry.”

Mattress Firm carries a full line of national name-brand mattresses such as Sealy, Simmons, Tempur-Pedic, Stearns & Foster and Select Comfort.

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