Furniture Today,
Move will boost Mattress Firm’s total store count to over 440

HOUSTON — Major bedding retailer Mattress Firm here said it plans to acquire the 35-store Mattress Pro chain, based in Austin, Texas. Terms weren’t disclosed.

Mattress Pro operates stores in major cities in Texas and Nevada, and its owners include several people with past ties to Mattress Firm, including Mattress Firm co-founder Harry Roberts and former franchise owner Philip Busker.

The acquisition will increase 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 in Houston, according to company officials. The purchase will boost Mattress Firm’s store count nationwide to over 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,” he added.

The acquired stores will be converted to Mattress Firm units, with new signage and Mattress Firm’s signature store format, the company said.