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IPA Personnel Services acquired; AD1 share price queried
IPA Personnel Services is in the process of being acquired by a European-headquartered recruitment and HR company. Meanwhile ASX-listed AD1 has been queried about a "significant" jump in its share price.
Financial details of the deal haven't been revealed, but the prospective buyer is Synergie Group.
IPA started in Melbourne in 1984, operating in the facility services, government, and manufacturing sectors, among others. It has since grown into a team of more than 100 employees across 12 branches, mainly on the east coast of Australia...
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