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Kelly Partners Group Holdings Ltd. ( (AU:KPG) ) has issued an announcement.
Kelly Partners Group Holdings Limited has announced the acquisition of a Pittwater-based accounting firm, marking another step in its strategic expansion. This acquisition, while not material to the company, highlights the effectiveness of Kelly+Partners’ business model and its appeal to accounting firms seeking succession solutions. The partnership is part of a series of recent acquisitions that are projected to increase the company’s annual revenue run rate to approximately AUD 154 million, reflecting a significant growth trajectory.
The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.
More about Kelly Partners Group Holdings Ltd.
Kelly Partners Group Holdings Limited operates in the accounting industry, offering services that focus on assisting accounting businesses with succession planning through its Partner-Owner-Driver® model. The company is known for its strategic acquisitions and partnerships, enhancing its market presence and revenue growth.
Average Trading Volume: 41,998
Technical Sentiment Signal: Buy
Current Market Cap: A$480.4M
For a thorough assessment of KPG stock, go to TipRanks’ Stock Analysis page.