Sun Capital Completes Sleep Innovations Acquisition
November 20, 2012
Sun Capital Partners has acquired Sleep Innovations from private equity firm Catterton Partners in a secondary buyout. The deal was first announced Oct. 18. New Jersey-based Sleep Innovations designs and manufactures gel-infused bedding products like mattresses, pillows and toppers. Sun Capital has significant experience in the industry, having exited bedding retailer Mattress Firm for an attractive return in 2007. Sawaya Segalas & Co. served as exclusive financial advisor on the transaction.