Cerberus’ Acquisition of Brooklyn Bedding and Helix Sleep

Simpson Thacher advised Cerberus Capital Management on the deal.

Cerberus Capital Management announced its proposed acquisition of both Brooklyn Bedding and Helix Sleep, Inc. The transactions are expected to close early in the fourth quarter of 2021, subject to the satisfaction of all regulatory and other customary closing conditions. 

Brooklyn Bedding crafts expertly-made bedding with its cutting-edge equipment and patented materials and distributes its products through an omni-channel platform. Helix designs and provides custom-made mattresses through a tailored digital experience and analytics-focused marketing strategy. 

Cerberus Capital Management operates as a private equity firm. The Firm offers investment management services to pooled and special purpose investment vehicles, as well as manages private funds. 

The Simpson Thacher team included Patrick Naughton (Picture), Kathryn King Sudol, Jihyun Chung, Carina Kan and Hadley Nagel (M&A); Andrew Purcell and Scott Grundei (Tax); Andrew Blau, Laura Gallo and Allison Sweeney (Executive Compensation & Employee Benefits); James Cross and Robyn Cho (Credit); Peter Guryan, Kelly Karapetyan and Joshua Hazan (Antitrust); Tim Mulvihill (Environmental); Lori Lesser, Melanie Jolson and Samuel Watters (IP); and Krista McManus and Dennis Loiacono (Real Estate).

Involved fees earner: Andrew Blau – Simpson Thacher & Bartlett; Robyn Cho – Simpson Thacher & Bartlett; Jihyun Chung – Simpson Thacher & Bartlett; James Cross – Simpson Thacher & Bartlett; Laura Gallo – Simpson Thacher & Bartlett; Scott Grundei – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Joshua Hazan – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Carina Kan – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Kathryn King Sudol – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Hadley Nagel – Simpson Thacher & Bartlett; Patrick Naughton – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Allison Sweeney – Simpson Thacher & Bartlett; Samuel Watters – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Cerberus Capital Management, L.P.;

Martina Bellini

Author: Martina Bellini