AllBright, the global organisation advancing women’s professional growth at all career stages, is set to acquire international learning and development organisation, everywoman, bolstering both firms’ ambitions for women’s advancement and enhancing their collective impact on gender equality and professional development.
AllBright will continue to be led by CEO Viviane Paxinos under the new structure, with everywoman founders Karen Gill MBE and Maxine Benson MBE investing in the new company and remaining as advisers. everywoman’s Chair, Rosaleen Blair CBE, will also be an investor alongside majority shareholder, Cain International.
The acquisition will support AllBright’s ambition of reaching 20 million professionals by 2030 and addressing the gender parity gap projected by the World Economic Forum to take 132 years to close. everywoman’s offerings will enhance the business with events, awards, top-tier training programs, and content collaborations, promoting women’s progress, driving business growth, and reducing gender inequality, which could add $7 trillion to the global economy.
Celebrating its 25th anniversary this year, everywoman has provided training to over 200,000 women across its 70 global corporate clients, including Accenture, Amazon, FedEx, Bupa, American Express, Meta, Google, Lloyds Banking Group, and The Ministry of Defence.
Established AllBright’s community consists of nearly half a million individuals globally, with a client list featuring industry leaders such as Guggenheim Investments, British Airways, Chelsea Women’s Football Club, Pandora, HSBC, BNY Mellon, Tissot, Google, and Samsung.
Viviane Paxinos, CEO of AllBright and AllBright InvestCo said: “We are super excited to announce our partnership with everywoman. Founded by two brilliant and successful women, it has a proven track record of changing the world of work for women. Together we will double down on our shared mission to create a world where every woman can thrive and achieve her full potential. We are thrilled to see progress being made at board level with 42.6 per cent of FTSE 100 boards having a woman, but there’s still a lot of work to do across the business ecosystem given all female teams only received 2 per cent of funding in 2022 and only 1 per cent of all businesses that sold a majority stake in the past 10 years were female-founded. Our partnership is a great example of a female-led organisation, selling to another female-led organisation and doing it successfully and collaboratively.”