Mattress Firm Holding Corp., a specialty retailer of mattresses and related products in the United States, announced terms for its IPO on Monday morning. The Houston, TX-based company plans to raise $100 million by offering 5.6 million shares at a price range of $17.00 to $19.00. At the mid-point of the proposed range, Mattress Firm Holding Corp. will command a market value of $599 million. Mattress Firm Holding Corp., which was founded in 1986 and generated $590 million in sales for the 12 months ended July 31, 2011, currently has 767 total operated and franchised stores in 25 states under the Mattress Firm brand. The company plans to list on the NASDAQ under the symbol MFRM. Barclays Capital, UBS Investment Bank, and William Blair are the lead underwriters on the deal.
