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March 23, 2022

Partners reach agreement to buy Connecticut Mattress

Photo | Facebook Tom Wholley, founder of Connecticut Mattress.

Connecticut Mattress, the locally owned retailer launched by former Better Bedding co-owner Tom Wholley, is under new ownership.

D&M Holdings, a partnership between Michael Disibio and Wesley McCluney, reached a financial agreement earlier this year to purchase the chain from Tom Wholley and his wife Kathy Wholley, who have run Connecticut Mattress since 2011.

A sale price was not disclosed.

Connecticut Mattress operates three locations, in Southington, Avon and South Windsor.

Disibio, who owns New Balance stores in Connecticut and Rhode Island, has a location in Evergreen Walk in South Windsor, near to Connecticut Mattress’ first store.

“We’ve known Tom and Kathy and worked beside them at the Evergreen Walk store location, and it’s incredibly exciting to add the three CT Mattress stores to our retail store portfolio,” Disibio said. “We promise to continue the legacy that the Wholley family built throughout Connecticut in the mattress business on the principles of integrity and trust.”

In a television commercial that began airing earlier this month, the Wholleys appear alongside Disibio to announce the transition. The couple say they are “ready to retire,” and were looking for someone with similar values to take over the company.

Tom Wholley formed Connecticut Mattress shortly after his family lost control of Better Bedding, which was founded by Wholley’s father John T. Wholley Sr. Better Bedding, which at its peak had 21 stores, filed for bankruptcy and was sold against the Wholleys’ wishes to Sleepy’s in 2010.

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