Chit Chat Stocks cover image

Chit Chat Stocks

Kelly Partners Group: Why I'm Buying this Small-Cap Serial Acquirer (The Next Constellation Software?) $KPG

Nov 27, 2024
Dive into the intriguing world of Kelly Partners Group, a small-cap serial acquirer transforming the accounting industry. Discover their unique origin story and acquisition strategy, with a focus on maintaining close client relationships. Explore solid financial dynamics, international expansion plans, and how this player stacks up against industry giants like Constellation Software. The management’s vision is ambitious, aiming for growth without heavy investments, making it a compelling investment case.
01:06:38

Podcast summary created with Snipd AI

Quick takeaways

  • Kelly Partners Group utilizes a unique partner-owner-driver model to acquire small accounting firms while preserving the autonomy of original owners.
  • Brett Kelly's ambitious vision and strong personal management style drive the company's scalable structure and operational efficiency in the accounting industry.

Deep dives

Kelly Partners Group Overview

Kelly Partners Group, an accounting firm aggregator based in Australia, operates under a unique partner-owner-driver model that focuses on acquiring small to medium-sized accounting firms. The company, founded by Brett Kelly, started with an emphasis on creating a scalable business structure and aims to streamline operations for its partner firms. Kelly's acquisition strategy involves taking a majority stake of 51% while the existing owners retain 49%, allowing them to maintain autonomy over their operations. This structure helps ensure that the original partners remain engaged with their clients and the business while benefiting from the support and resources provided by Kelly Partners.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode