Deal Detail

National Bedding Co. to Ares Management LLC

EV / LTM EBITDA

9.2x

EV / LTM Sales

Enterprise Value

$830M

Primary Source

Perella Weinberg

Comparable Transactions

Home & Office Furnishings transactions announced in the five years to August 2005. 4 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Mar 2004	Sealy Corporation	Kohlberg Kravis Roberts & Co. L.P.	$1.4B	-	8.8x	Financial
Nov 2003	Simmons Company	Thomas H. Lee Partners	$1.0B	-	10.9x	Financial
Nov 2002	Aero Products International, Inc.	Investcorp Bank B.S.C.	$232M	-	7.5x	Financial
Oct 2002	Tempur-Pedic International Inc.	TA Associates Inc.	$390M	-	6.8x	Financial
	Mean			-	8.5x
	Median			-	8.2x

Source-specific multiples and notes for this transaction.

Comp	Primary?	Source Type	Source	Source Advisor	Source Year	EV (USD)	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
	Primary	fairness opinion	ZZ FO	Perella Weinberg	2013	$830M	-	9.2x	-	-	Open