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Ortho Mattress is an American mattress and bedding company with retail and manufacturing headquarters in La Mirada, California. It was founded in 1957 in Gardena, California. In 1996, Ortho merged with W. Simmons Industries and was renamed W.E. Bedding in 1997. By 1998 High Street Holdings, owned by the Karmin family, acquires Ortho Mattress.
Sleep America was an Arizona bedding retailer founded in 1997 by Debbie and Leonard Gaby. By the time of Mattress Firm's acquisition of the company, they had about 30 stores. They were based in Phoenix, Arizona. On January 6, 2015, Mattress Firm acquired Sleep America for $12.5 million. [38]
The pocketed coil is the basis for the Simmons Beautyrest mattress brand, which was introduced in 1925. [6] Although the new manufacturing technology greatly reduced its cost, at the time of its introduction a Beautyrest mattress sold for $39.50, three to four times more than the typical price for a standard wire mattress. [7]
Generally, the heir(s) have the option of continuing the home equity sharing agreement or concluding it — either by selling the property or paying back the company’s share in some other way.
Equity sharing allows homebuyers with low or no down payment to buy a home. Investors also get tax benefits and a low-risk investment. These qualities make equity sharing an attractive alternative ...
The company was founded in 1931 in Illinois as Sleeper, Inc. by 13 mattress manufacturers who licensed the Serta name. Subsequently, eight independent licensees acting like a cooperative owned the company. Afterwards, it was controlled and operated as Serta International by its largest licensee, National Bedding Company, which ultimately held ...
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