The shares are listed on the New York Stock Exchange

Davis Polk advised the sole underwriter in connection with the approximate $953 million SEC-registered secondary offering of 15,376,743 shares of common stock of Somnigroup International Inc. by a subsidiary of IBEX Topco B.V., the former majority shareholder of Mattress Firm Group Inc., which was acquired by Somnigroup in February 2025. The common stock is listed on the New York Stock Exchange under the symbol “SGI.”

Somnigroup is the world’s largest bedding company, dedicated to improving people’s lives through better sleep. With superior capabilities in design, manufacturing, distribution and retail, it delivers breakthrough sleep solutions and serve the evolving needs of consumers in more than 100 countries worldwide through its fully-owned businesses, Tempur Sealy, Mattress Firm and Dreams. Somnigroup’s portfolio includes the most highly recognized brands in the industry, including Tempur-Pedic, Sealy, Stearns & Foster, and Sleepy’s.

The Davis Polk capital markets team included partner Marcel Fausten and associates Kanger Jin and Yuchen Liu. The tax team included partner Kara L. Mungovan and associates Omar Hersi and Hunter P. Shaw. Partner Pritesh P. Shah and associates Anthony Tran and Anne Kim provided intellectual property advice. Counsel Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office. 

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