Brett Girard, CPA, CA, CFA
Kelly Partners Group
KPG-ASX
TOP PICK
Nov 13, 2024
Rollup of accounting firms. Founder has discovered that a significant number of baby boomer accountants are retiring, with insufficient replacements. It signs 10-year partnership agreements with accountants looking to retire eventually, and then updates the business at that time. Started in Australia, now in California and Florida. Revenue's grown about 20% a year for the last 5 years, earnings 25% a year.
Small-cap name, so be cognizant of the risk you're taking when you buy.
Rollup of accounting firms. Founder has discovered that a significant number of baby boomer accountants are retiring, with insufficient replacements. It signs 10-year partnership agreements with accountants looking to retire eventually, and then updates the business at that time. Started in Australia, now in California and Florida. Revenue's grown about 20% a year for the last 5 years, earnings 25% a year.
Small-cap name, so be cognizant of the risk you're taking when you buy.