M&A Deal Summary

Cerberus Capital Management Acquires Helix Sleep

On September 13, 2021, asset manager Cerberus Capital Management acquired consumer products company Helix Sleep

Acquisition Highlights
  • This is Cerberus Capital Management’s 3rd transaction in the Consumer Products sector.
  • This is Cerberus Capital Management’s 59th transaction in the United States.
  • This is Cerberus Capital Management’s 4th transaction in New York.

M&A Deal Summary
Date 2021-09-13
Target Helix Sleep
Sector Consumer Products
Buyer(s) Cerberus Capital Management
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Moelis & Co. (Financial)
Bass, Berry & Sims (Legal)

Target

Helix Sleep

New York, New York, United States
Helix Sleep is a direct-to-consumer brand platform, operating a portfolio of sleep and home goods brands. Each mattress is designed to your body type, sleeping position, and feel preference using our proprietary sleep technology. Helix Sleep was founded in 2015 and is based in New York City.

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Buyer(S) 1

Buyer

Cerberus Capital Management

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1992
PE ASSETS 55.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.

DEAL STATS #
Overall 82 of 87
Sector (Consumer Products) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 24 of 26
State (New York) 4 of 4
Country (United States) 59 of 63
Year (2021) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 Brooklyn Bedding

Phoenix, Arizona, United States

Brooklyn Bedding is a manufacturer of mattresses, differentiated by master craftsmanship, a wholly owned state-of-the art manufacturing facility and exceptional customer service. Brooklyn Bedding was founded in 1995 and is based in Phoenix, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-09 Torngat

Montréal, Quebec, Canada

Torngat is a private company developing the Strange Lake project in the Nunavik region of Québec to provide a long-term responsible supply of rare earths required for many high-tech and low-carbon technologies, including electric vehicles and wind turbines. Strong global market growth and a sustainable climate require new sources of responsible rare earth supply. Torngat is based in Montréal, Quebec.

Buy -
Mergr

Product

Company

Legal