When it comes to shopping for a new mattress, finding the right store can make all the difference. In Nashville, one of the most well-known and trusted mattress retailers is Mattress King. But have you ever wondered who owns Mattress King Nashville? In this article, we'll take a closer look at the ownership of this popular mattress store and the company behind it.Mattress King Nashville - Ownership
The ownership of Mattress King Nashville is a bit complex, as the company is currently owned by two different entities. The majority ownership (around 70%) is held by the private equity firm, Sleepy's LLC. The remaining 30% is owned by the original founders of Mattress King, David and Jim Smith.Who Owns Mattress King Nashville?
As mentioned, Mattress King Nashville is owned by Sleepy's LLC and the Smith brothers. Sleepy's LLC is a private equity firm that specializes in investing in the retail and consumer goods industries. They acquired their majority stake in Mattress King in 2013, with the goal of expanding the company's reach and profitability.Mattress King Nashville - Company Ownership
The ownership structure of Mattress King Nashville is a classic example of a partnership between a private equity firm and the original owners. While Sleepy's LLC holds the majority stake, the Smith brothers still have a significant ownership share and are actively involved in the company's operations and decision-making processes.Mattress King Nashville - Ownership Structure
Mattress King was founded in 1983 by brothers David and Jim Smith. They started with just one store in Nashville, but their business quickly grew and expanded to other cities in Tennessee and Georgia. In 2013, the Smith brothers sold the majority of their ownership to Sleepy's LLC, but they still retain a minority share and continue to play a crucial role in the company's success.Mattress King Nashville - Ownership History
Over the years, there have been a few ownership changes for Mattress King Nashville. The most notable one was in 2013 when Sleepy's LLC acquired the majority stake in the company. This change in ownership brought a new level of investment and expertise to Mattress King, helping the company to grow and thrive in a competitive market.Mattress King Nashville - Ownership Changes
If you're looking for more information about the ownership of Mattress King Nashville, you can find it on Sleepy's LLC website. They provide detailed information about their investments and partnerships, including their majority ownership of Mattress King. You can also find information about the Smith brothers and their continued involvement in the company.Mattress King Nashville - Ownership Information
For those who like to dig into the details, here are some ownership details for Mattress King Nashville. Sleepy's LLC holds a 70% stake in the company, while the remaining 30% is owned by David and Jim Smith. This makes the Smith brothers the second-largest shareholders in the company, giving them a significant say in its direction and decisions.Mattress King Nashville - Ownership Details
As part of their commitment to transparency, Sleepy's LLC publishes an annual ownership report for all their investments, including Mattress King Nashville. This report provides a detailed breakdown of the company's ownership structure, financial performance, and future plans. It's a great resource for anyone interested in learning more about Mattress King's ownership.Mattress King Nashville - Ownership Report
In conclusion, Mattress King Nashville is jointly owned by Sleepy's LLC and the Smith brothers. This unique partnership has allowed the company to grow and thrive, while still maintaining the personal touch and expertise of the original owners. With a solid ownership structure and a commitment to quality and customer satisfaction, Mattress King is a top choice for mattress shopping in Nashville.Mattress King Nashville - Ownership Profile