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By Nic Ledoux on 4/30/2021 Corsicana Mattress Co. has acquired Richmond, Virginia-based Symbol Mattress, in a transaction that creates the nation’s largest manufacturing organization serving consumers looking to purchase mattresses for under $1,000, which remains the most popular buying segment in the industry. Together, the company will operate 16 manufacturing centers and employ more than 1,300. Terms of the transaction were not disclosed by the private companies. All employees of Symbol will join the new organization. Mike Thompson, chief executive officer of Corsicana, will continue to lead the combined company. “We are aggressively pursuing our ‘House of Brands’ strategy and Symbol, with its robust product offering and extensive distribution presence will immediately have an accretive impact on our business. Moreover, the combination of our companies further solidifies our leadership position se ....
Long Point Capital Announces Sale of Investment in Woolpert News provided by Share this article Share this article NEW YORK, April 9, 2021 /PRNewswire/ Long Point Capital is pleased to announce it has sold its investment in Woolpert in connection with a new strategic investment by MSD Partners, who are partnering with the Woolpert management team. With its exit from Woolpert, Long Point Capital continues to establish its reputation as a premier partner to the management teams of professional services companies. Financial terms of the transaction were not disclosed. Founded in 1911, Woolpert is a leading global provider of architecture, engineering, and geospatial (AEG) services to a wide variety of public, private, and government clients. The Company has more than 1,100 dedicated employees at 42 offices and is headquartered in Dayton, Ohio. ....
PE-backed Woolpert buys CivilTech Engineering pehub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pehub.com Daily Mail and Mail on Sunday newspapers.