Mattress Firm, one of the United State’s leading mattress retailers, has recently announced plans to acquire the 35-store Mattress Pro chain. Terms of the acquisition were not disclosed.
Upon completion of the acquisition, Mattress Firm will begin the process of transitioning Mattress Pro locations with new signage, its signature store format and expanded product selection.
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 35-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, 47 in Dallas and 52 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.