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In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. [3] As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [4] On January 23, 2023, Serta Simmons Bedding filed for Chapter 11 bankruptcy. [5]
The American company Serta International is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [3] Other licensees include Serta Dormae in Texas, Serta Restokraft in Michigan, and Salt Lake Mattress in Utah. [4] [5] [6] In August 2018, Serta Simmons Bedding, LLC announced a merger with online retailer Tuft ...
A couch unfolded into a bed. A sofa bed or sofa-bed (in the US often called a sofabed, hide-a-bed, bed-couch, sleeper-sofa, or pullout sofa) is a multifunctional furniture typically consisting of a sofa or couch that, underneath its seating cushions, hides a metal frame and thin mattress that can be unfolded or opened up to make a bed.
Helix Sleep was founded by Jerry Lin, Kristian von Rickenbach, and Adam Tishman in 2015. [1] [2] On August 4, 2015, the Helix Sleep website was launched. [3]Prior to the launch, the company raised a seed round investment from angel investors.
It was originally known as Rivera Convertible Sofas and in its first year of business, it made US$200,000. [1] [2] However, the futon trend quickly faded, and the store struggled. In 1982, Phil's friend, a radio station manager, suggested that, to up business, they buy an ad on the station for $25 per spot.
Beginning in 1981, La Maison Simons began an expansion across Quebec. In 2012, the company expanded its business to the West Edmonton Mall in Alberta first, before opening several more stores across Canada. The success of the location at the West Edmonton Mall led to the company being sought out as a key anchor tenant at malls across Canada.