Freeman Spogli to invest in Brooklinen.

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.