M&A Deal Summary

Sleep Number Acquires BAM Labs

On September 10, 2015, Sleep Number acquired technology hardware company BAM Labs for 58M USD

Acquisition Highlights
  • This is Sleep Number’s 1st transaction in the Technology Hardware sector.
  • This is Sleep Number’s largest (disclosed) transaction.
  • This is Sleep Number’s 3rd transaction in the United States.
  • This is Sleep Number’s 1st transaction in California.

M&A Deal Summary
Date 2015-09-10
Target BAM Labs
Sector Technology Hardware
Buyer(s) Sleep Number
Deal Type Add-on Acquisition
Deal Value 58M USD

Target

BAM Labs

San Jose, California, United States
website
BAM Labs is a provider of Smart Bed Technology solutions and partnered with Sleep Number in co-developing SleepIQ technology, which is available on all Sleep Number beds at every price point. In addition to powering Sleep Number beds, BAM Labs has a growing presence in the medical smart beds market. BAM Labs’ FDA registered Touch-free Life Care smart bed sensor transforms any bed into a smart bed to inform, manage and improve health.

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Buyer(S) 1

Buyer

Sleep Number

Minneapolis, Minnesota, United States

website

Category Company
Founded 1987
Sector Furniture
Employees5,000
Revenue 2.1B USD (2022)
DESCRIPTION
Entrance to Select Comfort's corporate offices in Plymouth, Minnesota.
Entrance to Select Comfort's corporate offices in Plymouth, Minnesota.

Sleep Number is a designer, manufacturer, marketer, and supporter of a line of adjustable-firmness mattresses featuring air-chamber technology branded as the Sleep Number's bed. The Company also produces bedding accessories. Sleep Number Corporation was formerly known as Select Comfort. Sleep Number was founded in 1987 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 3 of 3
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (California) 1 of 1
Country (United States) 3 of 3
Year (2015) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-24 Comfortaire

Greenville, South Carolina, United States

Comfortaire Corp. is a provider of consumer products like matters and other house hold durable in US.

Buy $16M
Mergr

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