About this episode

Daniel Mahncke and Shawn O'Malley explore the potential of Kelly Partners as a leading accounting firm in Australia.

Daniel Mahncke and Shawn O'Malley 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. Join Daniel and Shawn as they assess whether Kelly Partners has a sustainable moat, an attractive valuation, and whether it deserves a spot in portfolio. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 - Intro 00:02:56 - Who the CEO and founder, Brett Kelly, is 00:04:27 - About the mission of Kelly Partners 00:06:53 - How the business model works 00:10:15 - How big the TAM is 00:26:12 - Whether AI is a threat or an opportunity 00:26:51- What the bull and bear cases look like 00:35:02 - What acquisition criteria Kelly Partners has 00:51:50 - How the financials work 01:03:07 - Whether Shawn and Daniel add Kelly Partners to the portfolio *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES The Investors Podcast Network is excited to debut a new community known as The Intrinsic Value Community for investors to learn, share ideas, network, and join calls with experts…

People in this episode

Guests: Daniel Mahncke, Shawn O'Malley

Topics covered

• accounting
• business model
• investment analysis
• AI impact
• financials
• portfolio management

Keywords

• Kelly Partners
• Brett Kelly
• accounting network
• investment
• AI
• financial analysis
• portfolio

Mentioned in this episode

Organizations: Kelly Partners, The Investors Podcast Network

Places: Australia, Omaha

More episodes of The Intrinsic Value Podcast - The Investor’s Podcast Network

• TIVP68 (Video): CoStar Group (CSGP): The Real Estate Empire Making a $5 Billion Bet w/ Shawn O'Malley & Daniel Mahncke · April 25, 2026 · 1h 37m
• TIVP067: Portfolio Review: Thoughts on Airbnb, Reddit, Adobe, and co. w/ Daniel Mahncke, Shawn O'Malley, & Kyle Grieve · April 19, 2026 · 1h 47m
• Special Announcement: The Intrinsic Value Podcast Update · April 12, 2026 · 3 min
• TIVP066: Valuing Constellation Software's Spinoffs: Topicus, Lumine and co. w/ Daniel Mahncke & Shawn O’Malley · April 5, 2026 · 1h 21m
• TIVP065: Spotify (SPOT): Investing in Music in the Age of AI w/ Shawn O’Malley & Daniel Mahncke · March 29, 2026 · 1h 36m
• TIVP063: Figma Inc. (FIG): Recovering From An 80% Post-IPO Decline w/ Shawn O’Malley & Daniel Mahncke · March 15, 2026 · 1h 12m

Explore listener stats, chart rankings, contacts and more on the The Intrinsic Value Podcast - The Investor’s Podcast Network podcast page.