Investment Summary

Mercury Capital Invests In Findex

On April 11, 2024, private equity firm Mercury Capital invested in business services company Findex from KKR

Investment Highlights
  • This is Mercury Capital’s 5th transaction in the Business Services sector.
  • This is Mercury Capital’s 16th transaction in Australia.

Investment Summary

Date 2024-04-11
Target Findex
Sector Business Services
Investor(s) Mercury Capital
Sellers(s) KKR
Deal Type Stake Purchase

Target

Findex

Melbourne, Australia
Findex is a provider of integrated financial advisory and accounting services with over 110 locations and $17bn in FUM. By arming people with the necessary digital tools, we transform the financial services experience for our clients, whilst extending their access to higher quality services. Findex was founded in 1987 and is based in Melbourne, Victoria.

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Investor(S) 1

Investor

Mercury Capital

Sydney, Australia

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2010
PE ASSETS 1.0B AUD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Mercury Capital is a private equity group focused on investing in established private businesses operating in Australia and New Zealand. Mercury looks to acquire controlling positions for a variety of situations, including succession plannings, expansion financings, recapitalizations, as well as partnering with existing management or owners to help drive growth. Mercury raised it's debut fund in 2010.


DEAL STATS #
Overall 19 of 20
Sector (Business Services) 5 of 5
Type (Stake Purchase) 10 of 10
Country (Australia) 16 of 17
Year (2024) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-10 Fyfe

Adelaide, Australia

Fyfe is a multi-disciplinary professional services firm providing integrated engineering, environment, planning and survey consulting services to a diverse mix of high-quality clients. Fyfe was founded in 1982 and is based in Adelaide, South Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-22 JMC Academy

Sydney, Australia

JMC Academy is an Australian private non-university higher education provider, providing higher education courses in the creative arts niche. JMC delivers courses face-to-face via three scale campuses in Sydney, Melbourne and Brisbane. JMC Academy is based in Sydney, New South Wales.

Buy $150M

Seller(S) 1

SELLER

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 267.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.


DEAL STATS #
Overall 201 of 208
Sector (Business Services) 5 of 5
Type (Stake Purchase) 7 of 7
Country (Australia) 10 of 10
Year (2024) 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-08 Covenant Physician Partners

Nashville, Tennessee, United States

Covenant Physician Partners is an operator of ambulatory surgery centers, physician practices, and ancillary services with a particular focus on gastroenterology and ophthalmology end markets. Covenant Physician Partners was founded in 2008 and is based in Nashville, Tennessee.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-25 Nexeye

Gorinchem, Netherlands

Nexeye is an optical retail chain. The company offers a range of private label and branded spectacles, as well as hearing aids, contact lenses and sunglasses, at average price points significantly below its major competitors. Nexeye was established in 1982 and is based in Gorinchem, Netherlands.

Buy -