Tempur-Pedic International
Tempur-Pedic is the leading manufacturer and marketer of premium mattresses and pillows worldwide. Based in Lexington, Kentucky, its products are manufactured utilizing proprietary production processes as well as a proprietary visco-elastic foam formulation in three facilities located in Denmark, New Mexico and Virginia. Tempur's products are sold in over 70 countries through a variety of distribution channels, including furniture retailers, specialty retailers, direct response, healthcare and third-party distributors under the Tempur and Tempur-Pedic brand names.
FFL, in partnership with TA Associates Inc., acquired control of Tempur in 2002 from its entrepreneurial founders. The company was listed on the New York Stock Exchange in 2003. (NYSE: TPX) FFL exited its original investment in 2006 and re-invested in the company in 2008. FFL exited its 2008 re-investment in 2011.
Sector: ConsumerStatus: Former, 2002 Investment & 2008 Investment