Long Point Capital Portfolio

Corsicana Mattress Company

www.corsicanamattress.com

Business Description

Corsicana Mattress Company is a leading manufacturer of mattresses, foundations and related sleep products.  With ten production facilities across the United States, Corsicana serves over 5,000 customers and has been delivering quality and value for over 40 years.

Transaction Overview

Long Point Capital invested in Corsicana through a leveraged recapitalization structure, where the owners of the Company monetized the majority of the illiquid value contained in their business, while continuing to retain a significant ownership interest in Corsicana.

Add-On Acquisition Criteria

Corsicana is selectively evaluating acquisitions that will enhance its existing product portfolio or expand its geographical footprint.  

Contact

Ira Starr: 212-593-1800 / istarr@lpcfund.com
Eric Von Stroh: 212-593-1800 / evonstroh@lpcfund.com
Norm Scherr: 248-591-6000 / nscherr@lpcfund.com