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PORTLAND, OR -- Alexander Hutton is very pleased to announce the acquisition of its client Stumptown Mattress (”Stumptown”), by Traction Capital Partners.

Founded in 2010 by Michael and Mary Ruth Hanna Stumptown Mattress / Mattress Lot has grown to become one of the most respected mattress retailers in the Pacific Northwest. Specializing in locally-made and environmentally-friendly products and accessories, Stumptown has leveraged retail profitability to fuel its fast-growing

e-commerce business. Knowledgeable sales associates, state-of-the-art products, and world-class customer experience have driven sales and profit growth tremendously through the years.

The Hannas commented on their experience with the Alexander Hutton team stating, “We could not be any happier with the the work the AH team did to complete our transaction. They took the time to listen to our story and believed in us. For that we are extremely grateful.”

Kent Johnson commented, “The AH team is so pleased to see Michael and Mary Ruth Hanna actualize such a great outcome through their hard work and dedication to their entrepreneurial dream. Traction Capital Partners provides a great fit of compatible business operating philosophies, to include continued exceptional customer service.”

Peter Bell, Vice President at Traction Capital, said of the acquisition, “We are thrilled to partner with the Hannas and Stumptown to continue to build upon the foundation that has been built in the Portland and the Greater Pacific Northwest markets. We look forward to a successful partnership for years to come.”

MORE ABOUT TRACTION CAPTAL PARTNERS

Traction is a permanent equity firm which acquires companies based in the Pacific Northwest where there are opportunities for long term growth.

MORE ABOUT ALEXANDER HUTTON

Alexander Hutton is the most experienced Middle Market Investment Banking firM&A in the Pacific Northwest. Since our firm's founding in 1986, we have worked on behalf of entrepreneurs and boards of directors to help theM&A acquire and divest their companies and to be their advocates to the complex capital markets.

Our clients reflect the Northwest region’s global expertise in manufacturing, technology, services, healthcare, and logistics. As the Seattle office of Oaklins, the world's leading M&A specialist with 70 offices worldwide, Alexander Hutton provides our clients global reach as they explore strategic alternatives. With over 200 successful M&A transactions, we at Alexander Hutton have gained the appreciation and trust of our clients by being strong, thoughtful and effective teammates.

Legal counsel for Stumptown Mattress was Davis Wright Tremaine LLC and Traction Capital was represented by Eisenhower Carlson PLLC. Funding for the transaction was provided by Northwest Bank. Financial terms of this transaction were not disclosed.