---
schema_version: "secwatch.filing_event.v1"
accession: "0001206264-25-000023"
form_type: "8-K"
ticker: "SGI"
cik: "0001206264"
company_name: "SOMNIGROUP INTERNATIONAL INC."
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:25:26.254576+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Tempur Sealy closes $5B acquisition of Mattress Firm; plans name change to Somnigroup

## Summary
- Total purchase price ~$5B: $2.7B cash plus 34.2M shares of Tempur Sealy common stock.
- Company renamed to Somnigroup International Inc. effective Feb 18, 2025; ticker changes to SGI.
- Pro forma combined sales ~$8B for trailing twelve months ended Dec 31, 2024; ~65% direct-to-consumer.
- Appointed Peter Sachse (CEO Tailored Brands) to board; to divest 73 stores and Sleep Outfitters to Mattress Warehouse in Q2 2025.
- Financed cash consideration via $625M delayed draw term A, $679.5M revolver, and $1.592B term B loan release from escrow.

## SEC filing metadata
- accession: 0001206264-25-000023
- form_type: 8-K
- ticker: SGI
- cik: 0001206264
- company_name: SOMNIGROUP INTERNATIONAL INC.
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1206264/000120626425000023/0001206264-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1206264/000120626425000023/tpx-20250205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206264-25-000023
- JSON: https://secwatch.observer/filing/0001206264-25-000023.json
- Plain text: https://secwatch.observer/filing/0001206264-25-000023.txt

## Key facts
- Executive change
  Peter R. Sachse was appointed as Director at SOMNIGROUP INTERNATIONAL INC..
  - Action: appointed
  - Role: Director
  source text: the Board of Directors (the "Board") of the Company approved an increase of the size of the Board from 7 to 8 members effective February 5, 2025 and filled the newly created vacancy by appointing Peter R. Sachse, as an independent director, to serve on the Board, effective on the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1206264/000120626425000023/0001206264-25-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.