Summit Partners Invests $50M Growth Equity in Brooklinen
March 3, 2020
Summit Partners has made a $50 million growth equity investment in Brooklinen to support the DTC home brand’s omni-channel expansion, deepen customer touchpoints and accelerate domestic and international growth. Brooklinen, founded and headquartered in Brooklyn by Rich and Vicki Fulop, will continue to be led by its founders; Citibank acted as an advisor to Brooklinen on the transaction.
- Buyers
- Summit Partners
- Targets
- Brooklinen
- Industry
- E-Commerce
- Location
- New York, United States
- Transaction Type
- Growth capital
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