Mattress Firm parent co. mulls IPO for Houston-based retailer

After a $3.8 billion buyout in 2016, Houston-based Mattress Firm might reemerge as a publicly traded company.

Mattress Firm is evaluating strategic options to return share capital to investors, which could include an initial public offering, parent company Steinhoff International Holdings N.V. said Aug. 31. However, no definitive decision has been made.

The Steinhoff Group, which includes subsidiaries, owns 50.1% of Mattress Firm. With more than 2,300 retail stores nationwide, Mattress Firm is…