Joe Megibow Takes Helm at Somnum Bene Holdings to Propel CPAP.com's Growth
Investor - People | Jun 10, 2025 | Cathay Capital
Somnum Bene Holdings LLC, the holding company for CPAP.com, has appointed Joe Megibow as its new Chief Executive Officer to spearhead growth and innovation in the company's offerings for sleep apnea solutions. Megibow will replace co-founder Johnny Goodman, who transitions to a role on the board. With a rich history working in and transforming digital businesses, Megibow brings his extensive experience from previous CEO roles at Casper Sleep and Purple Innovation. This strategic leadership move coincides with Somnum Bene's efforts, supported by Cathay Capital, to extend its dominance in the U.S. CPAP eCommerce market. Under Megibow's guidance, CPAP.com intends to leverage digital innovations and expand its reach to address the massive unmet needs of the sleep apnea market.
Sectors
- Healthcare
- E-commerce
- Private Equity
Geography
- United States – Somnum Bene Holdings LLC and CPAP.com are based in the U.S., and the article specifically highlights the U.S. market.
Industry
- Healthcare – Pertains to CPAP.com as a provider of sleep apnea products and solutions.
- E-commerce – CPAP.com operates in the e-commerce space providing products directly to consumers.
- Private Equity – Cathay Capital, a private equity firm, plays a significant role in supporting CPAP.com’s growth strategy.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Joe Megibow | Chief Executive Officer | People | Newly appointed CEO of Somnum Bene Holdings LLC to drive growth initiatives. |
| Somnum Bene Holdings LLC | Holding Company | Company | Holding company for CPAP.com, focusing on expanding its market dominance. |
| CPAP.com | Target Company | Company | A leading provider of sleep apnea products and solutions in the e-commerce market. |
| Cathay Capital | Private Equity Firm | Company | Supports Somnum Bene Holdings LLC in expanding CPAP.com’s market presence. |
| Johnny Goodman | Board Member | People | Co-founder and former CEO transitioning to a board role at Somnum Bene Holdings LLC. |