LFM Capital built a $1 billion-plus investing platform around an unfashionable conviction: the best way to understand a factory is to have run one. Its engineers-turned-investors bring capital, operating muscle and a respect for the companies they buy.
Two 19th-century mattress dynasties, one bed-in-a-box upstart, thirty-odd factories, and a $1.6 billion debt cut - how the biggest name in American sleep rebuilt itself while you weren't looking.