Kudos International is part of the Forum of Firms. Credit: UnderhilStudio/Shutterstock.

Kelly Partners Group has announced a significant partnership with Kudos International, a network of more than 55 accounting firms across 48 countries.

The deal involves a 50.1% acquisition by a wholly-owned subsidiary of Kelly Partners. Alun Morgan, co-founder and CEO of Kudos International, will own the remaining 49.9%, stake under a ten-year commitment period.

Alistair Bryant MBE, formerly of BKR International, who joined Kelly+Partners in February 2024 will bolster the firm’s growth ambitions.

Kudos International is part of the Forum of Firms, an association of international networks of accounting firms that undertake transnational audits.

While the network’s impact on Kelly Partners is not material, it marks a strategic move towards establishing a global presence, Kelly said.

Morgan said: “Kudos International is a network focused on the future which has expanded its footprint significantly over the recent years. I am delighted to enter into this partnership with Kelly+Partners which we have planned over a number of months.

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“This partnership will enable us to move forward with even more ambitious growth plans whilst enhancing the offering to current and future members.”

In February, Kudos International confirmed the recruitment of 15 new firms in the calendar year 2023, bringing its network to cover 49 countries with 59 members around the world.

Kelly Partners, a specialist chartered accounting network, has grown significantly since its inception in 2006.

With 37 operating businesses across 35 locations, including Australia, Hong Kong, and the US, the company employs more than 600 staff and services more than 23,000 SME clients.