Deal Detail

Simmons Company to Fenway Partners, Inc.

EV / LTM EBITDA

8.2x

EV / LTM Sales

Enterprise Value

$496M

Primary Source

Perella Weinberg

Comparable Transactions

Home & Office Furnishings transactions announced in the five years to July 1998. 2 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Dec 1997	Sealy	Bain Capital, LLC	$805M	-	7.8x	Financial
Mar 1996	Simmons Company	Investcorp Bank B.S.C.	$272M	-	6.9x	Financial

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	$496M	-	8.2x	-	Resolved deal. Cited in the Sealy/Tempur-Pedic fairness opinion, Perella Weinberg table (dated July 1998).	Open
	-	fairness opinion	ZZ FO	Citi	2013	-	-	7.5x	-	Resolved deal. Cited in the Sealy/Tempur-Pedic fairness opinion, Citigroup table (dated October 1998 — three months after Perella Weinberg's date for the same transaction; both preserved, not reconciled).	Open