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New Deal


Announced

Freeman Spogli to invest in Brooklinen.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Household Equipment and Products

home essentials

United States

Pending

Domestic

Acquisition

Private Equity

Friendly

Single Bidder

Minority

Synopsis

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Private equity firm Freeman Spogli agreed to invest in Brooklinen, a direct-to-consumer brand in the home essentials category. Existing investor Summit Partners will continue to support the company's growth. Financial terms were not disclosed. "We are excited to partner with Freeman Spogli and to continue our partnership with Summit as Brooklinen rapidly grows. This year we've doubled down on our commitment to provide comfort to our customers, and this investment will help us continue to reach them both online and in-person through our expanding retail fleet," Rich Fulop, Brooklinen CEO.

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