AD1 Holdings Ltd (AU:AD1) has released an update.
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.
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