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3Z Brands acquires Leesa Sleep

3Z Brands acquires Leesa Sleep

After acquiring Nolah Sleep in February and Bear Mattress in July 2022, 3Z Brands is expanding yet again with the acquisition of Leesa Sleep, a “trailblazer within the bed-in-a-box industry.”

Using high-quality materials and manufacturing in America, Leesa is committed to supporting its local communities and to date has donated over 40,000 mattresses through partnerships with shelters and nonprofit organizations across the U.S.

“We’re excited to welcome another iconic brand to the 3Z family,” says John Merwin, chief executive officer of 3Z Brands. “Leesa is an exceptional company built on the pillars of delivering better sleep for customers and creating a positive impact in communities. With its advanced design expertise and high-quality products, we look forward to supporting Leesa’s continued growth with our best-in-class manufacturing expertise and digital capabilities. This addition marks our third acquisition within the last year, demonstrating 3Z’s commitment to building a leading DTC platform that meets each customer’s tailored sleeping needs.”

Jamie Diamonstein, co-founder of Leesa, says that when he and David Wolfe started Leesa, they sought to change the category by simplifying the buying process, creating fresh product designs using innovative materials, and finding a way to make a social impact.

“These pillars have been an integral part of our success and will continue to support the Leesa brand through this new chapter of our business,” he adds. “We’re proud of what we’ve built over the last decade and look forward to developing, innovating and growing even further with the support and expertise of 3Z Brands.” 

Michael Akrop, CEO of Leesa, adds that joining 3Z’s extensive platform will accelerate Leesa’s ability to deliver on its mission and continue to provide deeper rest for its customers.

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“This is an incredible milestone for Leesa, and I couldn’t be more excited for this next chapter with 3Z,” Akrop says. “Similar to us, 3Z is centered around high-quality sleep products, top-tier value and a drive to further innovate the sleep experience.”

In 2021, Brooklyn Bedding and Helix Sleep combined in partnership with Cerberus Capital Management, and within the last year, the platform acquired Bear Mattress and Nolah Sleep. Leesa will continue to operate under its independent brand name alongside Helix Sleep, Brooklyn Bedding, Birch, Bear Mattress and Nolah. 

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