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New Deal


Announced

Completed

Sleep Country completed the acquisition of the Canadian operations of Casper Sleep for $20m.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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E-commerce

e-commerce

Friendly

Canada

sleep products

Acquisition

Domestic

Majority

Private

Completed

Single Bidder

Synopsis

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Sleep Country, a Canadian mattress retailer, completed the acquisition of the Canadian operations of Casper Sleep, an e-commerce company, for $20m. "We are thrilled with the acquisition of 100% of Casper's Canadian business and to add this fantastic brand to our line-up of other leading sleep brands. We look forward to a seamless transition, continuing to build the Casper brand in Canada, executing on their long-term strategic growth plan and making the newest member of our family of brands more accessible to all Canadians," Stewart Schaefer, Sleep Country President and CEO.

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