Affiliate of Sun Capital Partners Buys International Bedding Corp.

May 23, 2007  by in UnCategorized   

By Home Furnishings Business in Bedding on May 2007 An affiliate of private investment firm Sun Capital Partners Inc., Boca Raton, Fla., has acquired a majority controlling interest in International Bedding Corp., Fort Lauderdale, Fla., for an undisclosed amount.

International Bedding manufacturers and markets private-label and limited-distribution brand mattresses and mattress foundations; and has nine plant locations operating in seven states. The Ellman family, which founded International bedding, wanted to pursue other interests, said former President Neil Ellman.

“We are confident that the deep operating experience Sun Capital and its affiliates have within the furniture and mattress industries will be instrumental in ensuring the future success of International Bedding,” he said in a press release issued Thursday.

Jason Neimark, managing director, Sun Capital Partners Inc., said, “International Bedding is a well-established, nationally-recognized manufacturer of quality mattresses and mattress foundations. We look forward to working with the company’s employees in their efforts to continue to grow and enhance the great business that the Ellman family has built over the last 33 years.”