Spring Air Overview

  • Year Founded
  • 1926

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 201

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 8

  • Investments
  • 2

Spring Air General Information

Description

Manufacturer of mattresses intended for businesses worldwide. The company offers mattresses like back supporters, gel memory foam, cooling foams and cooling covers, thereby offering clients free-end offset coil design, which adjusts to each sleeper's weight.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Primary Industry
Home Furnishings
Parent Company
Corporate Office
  • 300 Tradecenter
  • Suite 6400
  • Woburn, MA 01801
  • United States
+1 (877) 000-0000

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Spring Air Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Spring Air Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of mattresses intended for businesses worldwide. The company offers mattresses like back supporters, gel me
Home Furnishings
Woburn, MA
201 As of 2016
0000
000.00 0000-00-00
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0000 00000000000
Doraville, GA
000 As of 0000
000.00
000000000 000.00

00000

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0000 00000000000
Bristol, United Kingdom
00 As of 0000
00000
000.00 0000-00-00
0000000 0000 00000
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Spring Air Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Serta (Home Furnishings) Formerly PE-Backed Doraville, GA 000 000.00 000000000 000.00
Simba Sleep Private Equity-Backed Bristol, United Kingdom 00 00000 0000000 0000 00000
Casper Sleep Private Equity-Backed New York, NY 000 0000 000000000 00 0000
Brooklyn Bedding Private Equity-Backed Glendale, AZ 000 000000000
Purple Innovation Corporation Lehi, UT 0000 00000 000000000 00 00000
You’re viewing 5 of 11 competitors. Get the full list »

Spring Air Patents

Spring Air Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-D665615-S1 Scalloped edge mattress pad Active 08-Jul-2011 00
US-20110191962-A1 Mattress having a foam panel which interlocks a spring assembly and a quilted assembly Inactive 11-Dec-2009 000000000 00
US-20070044245-A1 Mattress with triple zone topper Inactive 01-Sep-2005 0000000000 00
US-6782575-B1 Mattress core and mattress providing pressure relief and minimizing body pressure Inactive 05-Sep-2003 0000000000 00
US-7870626-B2 Mattress having a spring unit with a single upper peripheral border rod locked within a chamber of a synthetic foam plastic material housing Inactive 29-May-2003 A47C23/0522 00
To view Spring Air’s complete patent history, request access »

Spring Air Executive Team (9)

Name Title Board Seat Contact Info
Edward Bates Chief Executive Officer & Chairman
Ashok Kumar Chief Executive Officer & Board Member, Spring Air Bedding Company India Ltd and Spring Air Middle East
Sheryl Lundstrom Vice President Finance
You’re viewing 3 of 9 executive team members. Get the full list »

Spring Air Board Members (2)

Name Representing Role Since
00000 00000 Spring Air Chief Executive Officer & Board Member, Spring Air Bedding Company India Ltd and Spring Air Middle East 000 0000
000000 00000 Spring Air Chief Executive Officer & Chairman 000 0000
To view Spring Air’s complete board members history, request access »

Spring Air Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Spring Air Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Spring Air Investments (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Natura World 27-Apr-2012 0000000000 Other Consumer Durables
Sommex Bedding 01-Jan-2001 Buyout/LBO Home Furnishings
To view Spring Air’s complete investments history, request access »

Spring Air Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Sommex Bedding 01-Jan-2001 0000000000 Completed
  • 3 buyers
To view Spring Air’s complete exits history, request access »

Spring Air FAQs

  • When was Spring Air founded?

    Spring Air was founded in 1926.

  • Who is the CEO of Spring Air?

    Edward Bates and Ashok Kumar are the CEOs of Spring Air.

  • Where is Spring Air headquartered?

    Spring Air is headquartered in Woburn, MA.

  • What is the size of Spring Air?

    Spring Air has 201 total employees.

  • What industry is Spring Air in?

    Spring Air’s primary industry is Home Furnishings.

  • Is Spring Air a private or public company?

    Spring Air is a Private company.

  • What is the current valuation of Spring Air?

    The current valuation of Spring Air is 000.00.

  • What is Spring Air’s current revenue?

    The current revenue for Spring Air is 000000.

  • How much funding has Spring Air raised over time?

    Spring Air has raised $22M.

  • Who are Spring Air’s investors?

    Argosy Private Equity, Bedford Capital, Gladstone Capital Corp BDC, H.I.G. Capital, and Kenmare Management are 5 of 6 investors who have invested in Spring Air.

  • Who are Spring Air’s competitors?

    Serta (Home Furnishings), Simba Sleep, Casper Sleep, Brooklyn Bedding, and Purple Innovation are some of the 11 competitors of Spring Air.

  • When was Spring Air acquired?

    Spring Air was acquired on 16-Apr-2019.

  • Who acquired Spring Air?

    Spring Air was acquired by Kurlon Enterprise.

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