Valesco has successfully closed a majority buyout of American Bedding Manufacturers, positioning the company for continued growth in the institutional bedding market.

Target Information

On March 26, 2024, Valesco closed its second platform investment from Valesco Fund III by acquiring American Bedding Manufacturers, headquartered in Athens, TN. American Bedding is a specialized manufacturer and distributor of mattresses, bed frames, and case goods tailored to institutional markets. Its diverse clientele encompasses a variety of niche, non-correlated sectors, including government & military, missions & rehabilitation, educational institutions, camps, and agriculture.

Founded in 1997 by Boyd and Dale Reynolds, American Bedding has established itself as a vital part of its Tennessee community. The company has earned a strong reputation within its niche market, and Valesco is committed to preserving the culture and traditions that have shaped American Bedding over the years. Boyd Reynolds, President and co-founder, expressed enthusiasm for the partnership, stating, "We believe American Bedding is well-positioned for continued growth with ongoing investment in critical operational areas." Dale Reynolds also expressed confidence in Valesco, highlighting their respect for the company's heritage as a strong basis for collaboration.

Industry Overview

The institutional bedding market in the United States is characterized by steady demand across various sectors, including healthcare, education, and government contracts. The robust nature of these markets provides a favorable environment for c