Mattress Firm GC Kindel Nuno Leads $4B Sale to Tempur Sealy 

Tempur Sealy International announced May 9 that it is acquiring Houston-based Mattress Firm for $4 billion in cash and stock.

Founded in 1986, Mattress Firm is the largest mattress specialty retailer in the U.S. with more than 2,300 brick-and-mortar outlets. The combined companies, once the transaction passes antitrust muster, will operate more than 3,000 retail stores, 30 e-commerce platforms, 71 manufacturing facilities and four research and development facilities worldwide.