Summit Partners provides $95 mln to Healthline Media

Summit Partners has invested $95 million in San Francisco-based Healthline Media, a consumer health info site. In addition to the investment, Dr. Craig Frances, MD, a managing director at Summit Partners, has been added to Healthline's board of directors. Houlihan Lokey and Morgan Lewis advised Healthline on the transaction while Kirkland & Ellis LLP did likewise for Summit.

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