Peter B. Kelly

Lecturer

Peter B. Kelly

Lecturer in Management

Teaching Statement

Peter Kelly teaches S543, “Entrepreneurial Acquisition,” S355, “Managing Growing Enterprises,” and S549 “Search Fund Garage.” He has been a guest and case subject in “Formation of New Ventures” (S353), “Managing Growing Enterprises” (S355), and “Building & Maintaining Professional Sales Organizations” (S551). Mr. Kelly draws from experience forming a search fund, acquiring and leading a growing healthcare services business for 17 years, executing 25 acquisitions with a team, and investing in and advising various companies.

Bio

Mr. Kelly is a board director of Auronix SAPI, Frotcom SA, másLabor, and ResponseLink LLC (chair). He was variously the Chief Financial Officer, President and Chief Executive Officer, from 1993 to 2010, of Med-Mart/Pacific Pulmonary Services (“PPS”), a provider of home respiratory services acquired in 1993 by a search fund that Kelly co-founded.

Mr. Kelly is a former board director of AquaVita Holdings, eCompliance LLC, The Governance Institute Inc., Guardian Home Care Holdings Inc., Huneeus Wines (executive chair), Krueger-Gilbert Health Physics Inc., Medical Equipment Distributors Inc., Northstar Anesthesia, PPS, as well as the Council for Quality Respiratory Care (chair), the American Association for Homecare, and Marin Academy. He has also taught a course at IESE Business School in Barcelona, Spain and is an investor in more than fifty operating companies based in eight countries. Early work experience includes investing at TA Associates, a risk capital firm where he originated investments in software and communication companies.

Mr. Kelly was an undergraduate student at Stanford, where he received an individually designed BA in Science, Technology, and Social Theory and a MS in Industrial Engineering. After working in risk capital, he returned to Stanford and earned an MBA from the Graduate School of Business. He lives in Mill Valley, California, with his wife and children.

Publications

Academic Publications

Rob Johnson, Heinrich Liechtenstein, Peter B. Kelly, Lenka Menden
Case no: F-0889-E
April 1, 2016
Rob Johnson, Heinrich Liechtenstein, Peter B. Kelly, Ian Nieboer, Lenka Menden
Case no: F-0888-E
April 2013

Stanford Case Studies

Peter Kelly, Sara Heston, Andrew Freiman
2023
Peter Kelly, Sara Heston
2022
E750
Peter Kelly, Jack Strabo
2021
Peter Kelly, Sara Heston
2020
Peter Kelly, Jeffrey Conn
2020
E650
Peter Kelly, Cameron Lehman
2019
Peter Kelly, H. Irving Grousbeck, Austin Yoder, Sara Rosenthal
2018
Peter Kelly, David Dodson, H. Irving Grousbeck, Susan Pohlmeyer, Sara Rosenthal
2016
Peter Kelly, Jessica Morgan
2015
E532
Peter Kelly, Sara Rosenthal
2014
David Dodson, Peter Kelly, H. Irving Grousbeck, Jason Luther, Sara Rosenthal
2014
Peter B. Kelly, Lacey Wismer
2013

Stanford GSB Affiliations

  • Faculty Center for Entrepreneurial Studies

Insights by Stanford Business

October 15, 2018
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