AD1 Holdings Ltd (AU:AD1) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
AD1 Holdings Limited is set to acquire Oliver Grace Pty Ltd, a Melbourne-based marketing agency, to enhance its software business portfolio, following a successful $1.6 million share placement. The acquisition promises synergistic benefits, including organic revenue opportunities, rebranding, and cost reductions through in-house advisory functions. This strategic move is part of AD1’s broader growth and expansion plans, with the company also setting sights on the North American market.
For further insights into AU:AD1 stock, check out TipRanks’ Stock Analysis page.