Sentinel acquires Hollander Sleep Products

Adds North American Leader in Basic Bedding to Portfolio

NEW YORK, October 21, 2014 – Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, today announced its acquisition of Hollander Sleep Products, the leading designer, manufacturer, and marketer of basic bedding products in North America. Transaction terms were not disclosed.

Founded in 1953 and headquartered in Boca Raton, Florida, Hollander is a leader in the North American basic bedding segment producing bed pillows, mattress pads, comforters, foam products, and related sleep accessories. The company markets its products under a portfolio of highly recognizable proprietary, licensed, and retail partner brands including Ralph Lauren®, Simmons®, Beautyrest®, Laura Ashley®, Nautica®, Waverly®, and Live Comfortably®. Hollander operates nine facilities across North America and employs 1,650 people worldwide.

"Hollander is a leader in its industry with a talented management team that possesses extensive market knowledge and deep functional expertise," stated Eric Bommer, a Sentinel partner. "We are thrilled to be partnering with such a deep and experienced team."

"We are excited about our new partnership with Sentinel," commented Chris Baker, CEO of Hollander. "This marks a new chapter for our company as we continue to build upon our long record of industry leading design, innovation, quality and service."

Sentinel has broad experience investing in specialty consumer businesses. Comparable prior investments include Spinrite (craft yarns) and Strategic Partners (medical uniforms).