On this episode of Chit Chat Stocks, Ryan gives a stock report on Kelly Partners Group (Ticker: KPG, listed in Australia), a company rolling up the small accounting firm space. Listen to the full episode to see whether he is buying the stock. We discuss:

(00:00) Introduction to Kelly Partners Group

(07:36) Current Business Model and Strategy

(12:01) Understanding the Partner-Owner-Driver Model

(17:42) Industry Durability and Growth Potential

(23:51) Valuation Considerations and Market Positioning

(39:10) International Expansion and Market Opportunities

(43:20) Comparing Kelly Partners Group to Constellation Software

(49:31) Management Insights and Team Dynamics

(55:31) Valuation Challenges and Future Projections

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Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.