Findex, Australia's leading provider of integrated wealth management, advisory and accounting services, has announced its new investment partnership with Australian and New Zealand private equity investment firm Mercury Capital. Crowe Australasia is part of Findex and a member of the Crowe Global network.
Findex is the largest Australian-founded provider of integrated wealth management, advisory and accounting services and has maintained strong market growth, expanding its operations from just 100 to 2,500 staff members across more than 100 locations throughout Australasia over the past decade.
The partnership will leverage Mercury Capital's deep understanding of the Australian and New Zealand markets and their extensive experience working with business owners and management teams to deliver exceptional growth outcomes. The new partnership will focus on building the Findex team and investing further in technology to help grow Findex’s business in its target markets.
The partnership will see Mercury Capital acquire KKRs approximate 40 percent stake in Findex, providing additional investment capital, and include the appointment of new representatives to the Findex board. The transaction is expected to conclude on 9 April 2024.