<p>Bain Capital Private Equity has agreed to acquire Red Bank, New Jersey-based Innocor Inc, a maker of advanced foam products. The seller is Sun Capital Partners. No financial terms were disclosed.</p>
<p>Founded in 1996 and headquartered in Red Bank, New Jersey, Innocor was formed through the 2014 acquisition of Flexible Foam Products Inc. and its integration with Sleep Innovations. The company has 22 manufacturing plants and distribution centers throughout the U.S. and is the leader in consumer-driven polyurethane foam products proven to deliver comfort, relaxation and rejuvenation. Innocor Comfort®, the consumer products division, manufactures advanced memory foam products including mattresses, pillows, and mattress toppers under Sleep Innovations®, Novaform® and other brands. The Innocor Foam Technologies® division manufactures innovative foam products for commercial customers.</p>