Summit Partners completed a $50m investment in Brooklinen.

Summit Partners, a global alternative investment firm, completed a $50m investment in Brooklinen, a direct-to-consumer accessible-luxury home essentials retailer. "Brooklinen's profitability, customer repeat rate, and consistently smart and deliberate growth decisions make them a rare brand to partner with. Many brands focus on a growth-at-all-costs model that we believe isn't sustainable for longevity; we are thrilled to find a like-minded partner and to work together on the next stage of growth for Brooklinen," Chris Dean, Summit Partners Managing Director.