Women’s career network expands global reach with acquisition of US female digital hub
A London-founded network for women and careers has announced it has acquired a US digital hub as part of its global expansion.
AllBright has acquired Chicago-based digital hub EvolveHer in an asset-based deal, as it continues to expand its US footprint.
AllBright was co-founded in 2018 by Debbie Wosskow OBE, former CEO of Love Home Swap and Anna Jones, former CEO of Hearst UK, with clubs for women based in both London and Los Angeles.
Following the recent acquisition of Australian female lifestyle platform The Grace Tales, and a soon to be announced expansion into India, the move underpins the companies’ global growth strategy following investment rounds led by private investment firm Cain International, raising a total of $42m.
AllBright co-founder, Debbie Wosskow, commented: “The last year highlighted the ongoing challenges women continue to face but also how the crisis has acted as a catalyst for positive change.
“Our global expansion plans, which include the acquisition of EvolveHer, allow us to further invest in our US network to promote our mission of female resilience, and upskill and support our community at scale.
“Alicia [EvolveHer founder] is a first class leader and her vision of women coming together to build their networks and opportunities is very much aligned with ours.”
EvolveHer founder, Alicia Driskil, added: “I am thrilled that EvolveHer is joining forces with AllBright to help build a worldwide movement led by women and for women - to lift them up through accessing opportunities that support their work and career ambitions, and ultimately, drive equity, inclusion and empowerment wherever they live.”
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