Kelly Partners Group Holdings Ltd. (AU:KPG) has released an update.
Kelly Partners Group Holdings Ltd. has expanded its global footprint by partnering with FRSCPA, a Floridian CPA firm that services a significant portion of McDonald’s USA franchises. The deal, which is expected to boost earnings, involves Kelly Partners acquiring a majority stake of 50.1% for $5.1 million, with existing FRSCPA equity partners committed to long-term agreements. This strategic move reinforces the company’s Partner-Owner-Driver model and marks a material increase in KPG’s run rate revenue by approximately 10%.
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