Acquisition Due Diligence and Integration

$300M Sleep Products Supplier

Background

  • Industry leader of mattress production in the U.S.
  • Supplies mattresses and sleep products to major big box retailers, branded furniture retailers, and direct to consumer via digital marketing

Contributions

  • Led the sale of $40M in real estate in 60 days, with the proceeds going toward the M&A transaction, including the purchase of a $65M target company and $180M in debt refinancing
  • Served as PMO for the due diligence and integration for a complex M&A transaction including a $65M acquisition, $180M debt refinancing, and $40M of real estate sales, all closing simultaneously, to supported restructuring of a $500M client portfolio company

Results

  • Led the PMO for the integration of the two companies to create a $500M industry leader for sleep products
  • Identified $10M in synergies to be achieved through the transaction and consolidation of the two companies, primarily through procurement freight and footprint rationalization of multiple facilities