__During 1906, after much success as an advertising executive, Earl
Edwards purchased the patents and gained manufacturing knowledge from
Haynes. Edwards took the name "Sealy" for his new company and expanded
it to a national market.
Due to lack of funding for manufacturing, Sealy expanded using a
licensing-expansion similar to Coca-Cola. By 1920, Sealy had 28 licensed
plants and became the first mattress company to expand using a
During the Great Depression the mattress industry was hit hard. Sealy
lost most of its licensees and narrowly escaped bankruptcy itself.
During this time Sealy consolidated with the surviving licensees and
created what is now known as Sealy, Incorporated.
Sealy became privately held in an April 1989 leveraged buyout. First
Boston made a bridge loan to the buy-out firm just as Drexel Burnham
was running into trouble and the junk bond market was drying up, and
was stuck with the loan. This led to a dramatic slow-down in leveraged
and a team of Sealy's senior executives acquired the company in 1997.
In 2004, the company was acquired by Kohlberg Kravis Roberts & Co.
and a team of Sealy management. The deal was valued at $1.5 billion.
The company operated as a privately held corporation until 2005. On
June 30 of that year, it announced an initial public offering of common
stock. The company said proceeds from the IPO would go to paying down
debt, funding global operations and paying private equity firm Kohlberg
Kravis Roberts to “terminate our future obligations under our management
Sealy's corporate headquarters are located in Trinity, NC.
According to Sealy's website, they are the largest manufacturer of
mattresses in the world. Sealy sells the majority of its mattresses
under its three main brands, Sealy Posturepedic, Stearns & Foster
Tags: Mattress Store Albuquerque, Bed Store Albuquerque, Beds Albuquerque, Best Mattress Store in Albuquerque, Mattress Stores Albuquerque
Lowest Price Guaranteed or it's FREE!!!
All American Mattress is located on Menaul just East of San Mateo.