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Spring Air Company

American Capital Invests $160 Million in the Acquisition of Spring Air Company by Consolidated Bedding

Bethesda, MD – August 8, 2007 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that on June 25 it invested $160 million in Consolidated Bedding Inc. to support its acquisition and consolidation of The Spring Air Company (“TSAC”) and six of TSAC’s licensees, including eight manufacturing facilities.  Systemwide Spring Air sales are over $400 million, making it one of the largest innerspring mattress brands in the U.S.[more...]

Spring Air