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https://www.bloomberg.com/news/articles/2023-01-24/mattress-maker-serta-simmons-files-for-chapter-11-bankruptcy. They'll probably get picked up by a new PE company somewhere in the process though.
Recently purchased a Serta mattress after trying out a bunch of others and I am pretty satisfied. But, I have come across threads mentioning "avoiding S-brands". Any information is appreciated🙂
Simmons filed bankruptcy several years ago (2009) 1. Reply. mattress411. OP • 1 yr. ago. You're correct, the company obtained $200 million in 'rescue' financing in 2020, but did not have to file bankruptcy at that time after the influx of cash. 3. Reply. FamousListen9. • 1 yr. ago • Edited 1 yr. ago.
28 Μαρ 2023 · A US judge has dealt a blow to Apollo Global Management, Angelo Gordon and other big creditors in the bankruptcy of mattress maker Serta Simmons Bedding, in a ruling that could settle a fierce...
7 Ιουν 2023 · Mattress maker Serta Simmons Bedding on Tuesday said that its Chapter 11 reorganization plan has been confirmed by a U.S. bankruptcy court, bringing the bedding company one step closer to...
12 Αυγ 2024 · Serta Simmons Bedding Announces New Executive Leadership Appointments. Tuft & Needle March 22nd, 2023. Introducing the New Tuft & Needle Mint Hybrid Mattress. Load More. Latest news, thinking, and stories from Serta Simmons Bedding and the world of sleep.
29 Ιουν 2023 · DORAVILLE, Ga., June 29, 2023 – Serta Simmons Bedding, LLC (“SSB” or the “company”), a leading global sleep company, today announced that it has concluded its financial restructuring and emerged from Chapter 11, marking the completion of a critical step in the company’s turnaround effort.
