Leggett & Platt Acquisition, Valuation & Financials

Leggett & Platt was acquired by Somnigroup for $2.5B in April 2026, a 0.7x multiple on $3.8B of revenue.

Leggett & Platt acquisition price

$2.5B

Acquired by Somnigroup · Apr 2026

Leggett & Platt revenue at acquisition

$3.8B

Last twelve months · Apr 2026

Leggett & Platt revenue multiple at acquisition

0.7x

EV/Revenue · Apr 2026

Leggett & Platt EBITDA multiple at acquisition

3.9x

EV/EBITDA · Apr 2026

Leggett & Platt Overview

About Leggett & Platt

Leggett & Platt Inc designs and produces engineered components and products found in homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring, and Textile Products. It generates the majority of its revenue from Bedding Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support, and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture, and work furniture, flooring underlayment, adjustable beds, and various other products.


Founded

1901

HQ

United StatesUnited States

Status

Acquired

Revenue

$3.8B (Apr 2026)

Valuation

$2.5B (acquired Apr 2026)

Leggett & Platt Acquisition

Leggett & Platt was acquired by Somnigroup for $2.5B on 12 April 2026.

The acquisition price implies a 0.7x revenue and 3.9x EBITDA multiple on $3.8B of revenue.

Leggett & Platt acquisition details
AcquirerDateTypePriceEV/RevenueEV/EBITDA
12 Apr 2026Strategic M&A$2.5B0.7x3.9x

Leggett & Platt as a Public Company

Leggett & Platt traded as NYS: LEG before it was taken private. Its acquisition was announced in April 2026. August 2026 is its last month on record as a listed company, with a market cap of $1.3B and an enterprise value of $2.4B.

Last-twelve-month revenue was $3.9B, with EBITDA of $349M (9% margin), and the shares traded at 0.6x EV/Revenue and 6.8x EV/EBITDA.

Over the 4 years before that, its market cap fell from $5.1B in August 2022 to $1.3B, while revenue fell from $5.2B to $3.9B.

Leggett & Platt market cap while listed

Leggett & Platt EV/Revenue (LTM) while listed

Leggett & Platt financials and trading multiples by year while listed
As ofMarket capRevenue (LTM)EBITDA (LTM)EBITDA marginEV/RevenueEV/EBITDA
Aug 2026$1.3B$3.9B$349M9%0.6x6.8x
Aug 2025$1.3B$4.2B$403M10%0.7x7.2x
Aug 2024$1.7B$4.5B$450M10%0.8x8.0x
Aug 2023$3.8B$5B$592M12%1.2x9.7x
Aug 2022$5.1B$5.2B$764M15%1.4x9.3x

Market cap, enterprise value and last-twelve-month figures are month-end values, up to the last month Leggett & Platt traded.

Acquisitions by Leggett & Platt

Leggett & Platt has acquired 3 companies to date.

Last acquisition by Leggett & Platt was on September 15th 2022. Leggett & Platt acquired Pacoma for undisclosed valuation.


Latest Acquisitions by Leggett & Platt

Pacoma
Elite Comfort Solutions
Pegasus Manufacturing
Description
Pacoma is an Indian manufacturer of hydraulic cylinders for construction equipment and industrial applications. Based in Coimbatore, it produces single-acting, double-acting, and telescopic cylinders used in excavators, cranes, and material handling systems. The company supplies automotive, agriculture, and maritime sectors from Tamil Nadu facilities.
Elite Comfort Solutions is a Newnan-headquartered producer of polyurethane foam solutions with 16 facilities across the United States, supplying e-commerce, retail, and OEM customers in advanced technology applications.
Pegasus Manufacturing is a South Carolina-based contract manufacturer delivering turnkey assembly for aerospace, defense, and industrial components. Offering precision machining, sheet metal fabrication, wiring harnesses, and electromechanical integration, the company serves clients in aviation and military sectors with ISO 9001 and AS9100 certifications. Operating from a 100,000-square-foot facility in Georgetown, Pegasus Manufacturing supports programs from prototyping through low-volume production using advanced CNC equipment and cleanroom assembly.
HQ CountryGermanyUnited StatesUnited States
HQ City
Eschwege
Atlanta, GA
New York City, NY
Deal Date15 Sep 202216 Jan 20191 Mar 2016
Valuationundisclosed$1.3Bundisclosed
EV/Revenue
EV/EBITDA

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Leggett & Platt Competitors

Leggett & Platt competitors include listed companies like OPPEIN, Welspun Living, Central Garden & Pet and Higold Group, and private ones like Quince and NOME.

Public and private companies comparable to Leggett & Platt
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OPPEINChinaChinaPublicly listed$2.6B$481M$2.7B1.2x
Welspun LivingIndiaIndiaPublicly listed$882M$80M$2.2B2.2x
Central Garden & PetUnited StatesUnited StatesPublicly listed$3.1B$334M$2.2B0.9x
Higold GroupChinaChinaPublicly listed$536M$134M$2.1B3.1x
QuinceUnited StatesSan Francisco, CAPrivate$1B-$4.5B-
NOMEChinaGuangzhouPrivate--$1.1B-

Leggett & Platt Public Comps

Leggett & Platt is no longer listed, but its public comps include OPPEIN, Welspun Living, Central Garden & Pet, Higold Group, Husqvarna, Jason Furniture, Vohringer Home Technology, HNI, MasterBrand and Richelieu Hardware.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
OPPEIN$2.6B$481M1.0x1.2x5.5x6.3x
Welspun Living$882M$80M2.7x2.2x29.2x21.2x
Central Garden & Pet$3.1B$334M0.8x0.9x7.8x7.0x
Higold Group$536M$134M3.5x3.1x13.9x12.5x
Husqvarna$4.7B$589M0.6x0.6x5.1x5.0x
Jason Furniture$3B$423M0.9x0.9x6.3x6.1x
Vohringer Home Technology$54M($8M)31.3x37.0x(205.8x)-
HNI$2.8B$234M1.7x1.0x21.2x8.2x

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Common questions about Leggett & Platt

When was Leggett & Platt founded?Leggett & Platt was founded in 1901.
Where is Leggett & Platt headquartered?Leggett & Platt is headquartered in United States.
Is Leggett & Platt publicly listed?No, Leggett & Platt was acquired by Somnigroup in April 2026.
Who acquired Leggett & Platt?Leggett & Platt was acquired by Somnigroup in April 2026.
How much was Leggett & Platt acquired for?Leggett & Platt was acquired for $2.5B in April 2026, a 0.7x revenue multiple.
Which companies are comparable to Leggett & Platt?Companies comparable to Leggett & Platt include OPPEIN, Welspun Living, Central Garden & Pet, Higold Group, Quince and NOME.
What was Leggett & Platt's market cap before the acquisition?Leggett & Platt had a market cap of $1.3B in August 2026, its last month on record as a listed company, trading at 0.6x EV/Revenue.
What was Leggett & Platt's revenue as a public company?Leggett & Platt's last reported twelve-month revenue was $3.9B (August 2026), with EBITDA of $349M.
How many companies has Leggett & Platt acquired?Leggett & Platt has acquired 3 companies, including Pacoma, Elite Comfort Solutions and Pegasus Manufacturing.
What was the largest acquisition by Leggett & Platt?The $1.3B acquisition of Elite Comfort Solutions in January 2019 is the largest acquisition Leggett & Platt has made to date.

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