Mattress Firm To Acquire 35-Store Mattress Pro Chain

National chain increases dominance in five key markets



Aug 22, 2007, 01:00 ET from Mattress Firm

    HOUSTON, Aug. 22 /PRNewswire/ -- Mattress Firm, one of the nation's
 leading mattress retailers, today announced plans to acquire the 35-store
 Mattress Pro chain. Terms of the acquisition were not disclosed. 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.
     "This merger is a great fit for Mattress Firm and allows us to further
 establish our leadership position in several key and growing markets," said
 Gary Fazio, CEO of Mattress Firm. "However, we understand that being a
 leader means more than having the most locations. Mattress Pro has done a
 tremendous job of establishing a solid reputation in each of these markets
 by providing a high level of customer service through its professional and
 talented team. Our commitment is to build on the strong foundation they've
 built by bringing our unique retail experience, sleep expertise and the
 broadest selection of products and brands in the industry to these
 locations."
     Mattress Firm carries a full line of national name-brand mattresses
 such as Sealy(R), Simmons(R), Tempur-Pedic(R), Stearns & Foster(R) and
 Select Comfort(R).
     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.
     About Mattress Firm
     Houston-based Mattress Firm (www.mattressfirm.com) is America's
 preferred specialty mattress company and the nation's largest specialty
 retailer of top- of-the-line Sealy products. Founded in 1986, Mattress
 Firm's knowledgeable sales staff, broad product offering and competitive
 prices have fueled the company's growth to more than 440 stores in 36
 markets.
 
 

SOURCE Mattress Firm
    HOUSTON, Aug. 22 /PRNewswire/ -- Mattress Firm, one of the nation's
 leading mattress retailers, today announced plans to acquire the 35-store
 Mattress Pro chain. Terms of the acquisition were not disclosed. 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.
     "This merger is a great fit for Mattress Firm and allows us to further
 establish our leadership position in several key and growing markets," said
 Gary Fazio, CEO of Mattress Firm. "However, we understand that being a
 leader means more than having the most locations. Mattress Pro has done a
 tremendous job of establishing a solid reputation in each of these markets
 by providing a high level of customer service through its professional and
 talented team. Our commitment is to build on the strong foundation they've
 built by bringing our unique retail experience, sleep expertise and the
 broadest selection of products and brands in the industry to these
 locations."
     Mattress Firm carries a full line of national name-brand mattresses
 such as Sealy(R), Simmons(R), Tempur-Pedic(R), Stearns & Foster(R) and
 Select Comfort(R).
     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.
     About Mattress Firm
     Houston-based Mattress Firm (www.mattressfirm.com) is America's
 preferred specialty mattress company and the nation's largest specialty
 retailer of top- of-the-line Sealy products. Founded in 1986, Mattress
 Firm's knowledgeable sales staff, broad product offering and competitive
 prices have fueled the company's growth to more than 440 stores in 36
 markets.
 
 SOURCE Mattress Firm