Daniel and Shawn take a deep dive into Kelly Partners — a fast-growing Australian chartered accounting network with over 25,000 SME clients and founder Brett Kelly's relentless ambition to build Australia's first global accounting firm. What you’ll learn here: 00:00:00 - Intro 00:02:34 - Who the CEO and founder, Brett Kelly, is 00:03:58 - About the mission of Kelly Partners 00:06:34 - How the business model works 00:09:46 - How big the TAM is 00:26:37 - Whether AI is a threat or an opportunity 00:28:29- What the bull and bear cases look like 00:36:27 - What acquisition criteria Kelly Partners has 00:53:17 - How the financials work 01:04:35 - Valuation discussion of Kelly Partners 01:11:18 - Whether Shawn and Daniel add Kelly Partners to the portfolio Transcript & Host Info: https://www.theinvestorspodcast.com/intrinsic-value-podcast/ 📨 Sign up for The Intrinsic Value Newsletter: https://www.theinvestorspodcast.com/subscribe-youtube/ 🤝 Connect with dedicated, savvy investors who are committed to building wealth alongside you. https://www.theinvestorspodcast.com/intrinsic-value-community/ ▶️ Related Episodes: - Chapters Group: Billionaires bet on this potential 100-Bagger: https://youtu.be/24Fr71kKeew - Valuing Constellation Software (CSU): 100-Bagger at Historic Drawdown: https://youtu.be/eqXXM8ZGAD8 - Valuing Meta (META): Undervalued AI Bet?: https://youtu.be/9ZeC-5la6oU Listen to our episodes here: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM Visit our website: https://www.theinvestorspodcast.com/intrinsic-value-podcast/ Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting. #Intuit #QuickBooks #ValueInvesting #StockMarketAnalysis #IntrinsicValueInvesting