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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🙂
Serta-Simmons files bankruptcy. https://www.furnituretoday.com/financial/serta-simmons-bedding-files-chapter-11-bankruptcy-protection/ 8 Share. Sort by: Best. Add a Comment. zeenoo80. • 1 yr. ago. Routine debt restructuring. Unfortunately the last Private Equity company to purchase them, gutted the company and sucked away all the profits ! Reply.
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.
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...
7 Ιουν 2023 · DORAVILLE, Ga.-- ( BUSINESS WIRE )--Serta Simmons Bedding, LLC (“SSB” or the “company”), a leading global sleep company, today announced that the U.S. Bankruptcy Court for the Southern...
