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Kelly Partners Group Holdings Ltd. ( (AU:KPG) ) has shared an update.
Kelly Partners Group Holdings Ltd. has entered into agreements to integrate two accounting firms from the Hunter Region into its existing operations, demonstrating the appeal of its business model. Although the integration of these firms, each contributing around $500,000 in revenue, is not considered material, it highlights the company’s strategic expansion efforts. Additionally, Mr. Ryan Macnamee, a significant shareholder, has sold a portion of his shares to fund a new business venture, maintaining a considerable stake in the company post-sale.
More about Kelly Partners Group Holdings Ltd.
Kelly Partners Group Holdings Ltd. operates within the accounting industry, offering professional accounting services. The company focuses on partnering with accounting firms to grow its business and enhance its market presence, particularly through its Partner-Owner-Driver® model.
YTD Price Performance: 15.90%
Average Trading Volume: 48,071
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$520.4M
Find detailed analytics on KPG stock on TipRanks’ Stock Analysis page.