Reese Witherspoon’s woman-centric media brand Hello Sunshine has snapped up The Home Edit, a lifestyle and organizational company founded by Clea Shearer and Joanna Teplin, the companies announced on Wednesday.
The move marks the first acquisition for Witherspoon’s company since Hello Sunshine was sold for a whopping $900 million to Candle Media, the next-generation media company run by Kevin Mayer and Tom Staggs and backed by Blackstone. When the purchase of Hello Sunshine was announced in August, Candle Media had not yet been given a company name.
In a statement, the companies said the acquisition would expand Hello Sunshine’s direct-to consumer offerings.