Mamamia seeks investors

2017 looks set to be an extra exciting year for the Mamamia Women’s Network with the brand beginning the hunt for investors. According to Mumbrella, KPMG has been appointed to sound out interested parties including both local and international publishers.

Sources say that Mamamia founder Mia Freedman and executive chairman Jason Lavigne are by no means looking to sell the business but would like investors to fund "aggressive growth" in the market next year and beyond.

Investors have in fact approached Freedman and Lavigne a number of times before but only now are they ready to accept an injection in order to help accelerate the growth of the business.

In 2015, Freedman flagged ambitions to take her empire overseas with the launch of a US site, Spring St.