Valesco Industries Invests in American Bedding Manufacturers – The Second Investment out of Valesco Fund III
Summary
Founded in 1997 by Boyd and Dale Reynolds, American Bedding has been a cornerstone of its Tennessee community, and Valesco looks forward to continuing the culture and traditions established over the years. Dale Reynolds, co-founder, added, Valescos attention to the history and culture of American Bedding gives us confidence that they will be a strong partner for the business in its next chapter. Valesco completed a majority buyout from the founders, partnering with the existing management team to capitalize on the Companys long-standing market position, favorable industry tailwinds, and highly achievable growth opportunities. American Bedding embodies the objective that we seek to achieve throughout our investment process: to identify and execute the optimal solution for the business, existing owners, and Valesco. As long-term industry veterans, the principals have capitalized and built numerous successful businesses, serving those companies in varying roles as investors, managers, advisors, and directors.