AVADA Group Ltd

ASX:AVD

AVADA Group Ltd. engages in the provision of traffic management and ancillary service. The company is headquartered in Brisbane, Queensland. The company went IPO on 2021-12-17. The firm is an independent, Australian traffic management operator. The firm provides traffic management and ancillary services to the civil infrastructure and maintenance sector throughout Queensland (QLD) and New South Wales (NSW). The firm provides services to government clients and major contractors in the civil infrastructure and maintenance sector. The firm has two operating segments, which includes Queensland Traffic Management and New South Wales Traffic Management. The firm's Queensland Traffic Management segment contains entities, which operates in the Queensland, such as Verifact Traffic, Arid to Oasis traffic solutions and a portion of Platinum Traffic Services. The New South Wales Traffic Management segment contains entities, which operates in New South Wales includes D&D Traffic Management, Traffic Marshal and a portion of Platinum Traffic Services.