Rapidly growing Mattress Firm announced its second major acquisition of the year by agreeing to buy Florida-based Mattress X-Press for $15.8 million. Mattress Firm said the 35 Mattress X-Press stores in Georgia and South Florida would be converted to Mattress Firm locations within one month after the deal is closed.
Steve Stagner, Mattress Firm's president and CEO, said the acquisition "further fortifies our market-leading position in South Florida."