A Northeast Network has announced the acquisition of a multi-million pound Australian lifestyle platform.
AllBright, a network for women and careers, has acquired the lifestyle platform The Grace Tales, founded by former Vogue deputy editor Georgie Abay.
This is followed by three investment rounds led by Cain International that raised a total of $ 42 million in funds for the company.
The Grace Tales acquisition is the first in a series of upcoming international deals in Canada, India and the United States.
Debbie Wosskow, Co-Founder of AllBright, commented, “The past year has highlighted the ongoing challenges women continue to face, but also how the crisis has acted as a catalyst for positive change.
“The acquisition of Grace Tales enables us to continue investing in extensive content opportunities to advance our mission of women resilience and to empower and support our community on a large scale.”
Grace Tales Founder Georgie Abay said, “Working with a like-minded company like AllBright was a natural next step for The Grace Tales.
“From online training to daily events to brilliant content, AllBright’s membership offering is really unique and I’m very excited to introduce it to our audience.
“As an entrepreneur, being part of the AllBright community has really helped me feel connected and grow. So I’m very excited to bring AllBright’s unparalleled offering to Australia.”
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