Kelly Partners Group Holdings (ASX:KPG) executed legal agreements with an accounting firm that provides outsourced services through its Philippines operations, and existing Kelly Partners offices will acquire 50.1% of the business, according to a Monday Australian bourse filing.
The acquisition was completed on Friday, Oct. 17.
The four shareholders of the business will continue as Kelly Partners Group's "Partner-Owner-Drivers" with minimum commitment periods of five to ten years.