How many investments has Mercury Capital made?

Mercury Capital has 29 tracked investments, 1 of which have exited.

What stage does Mercury Capital invest at?

Mercury Capital invests at the Growth, Late Stage stages.

Where is Mercury Capital located?

Mercury Capital is headquartered in Sydney, AU.

Does Mercury Capital lead rounds?

Yes, Mercury Capital leads investment rounds.

Who does Mercury Capital co-invest with?

Mercury Capital most often shares deals with Glitch Capital, HongShan Capital Group, Silver Lake Partners, among 4 tracked co-investors.

Mercury Capital

Private equity

Sydney · Growth–Late Stage · 22 people tracked

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Investment thesis

Mercury Capital seeks to invest alongside management, founders and other shareholders in businesses that demonstrate industry leadership, clear growth strategies and compelling growth opportunities. The firm emphasizes forming trusted and enduring partnerships with management teams, typically taking significant minority to majority shareholdings in established mid-market to large-cap companies across sectors such as financial services, healthcare, education, media, professional services and the circular economy, primarily in Australia and New Zealand.

Invests inCircular Economy Consumer EdTech Enterprise Software Fintech Healthtech Media & Entertainment Mental Health SaaSSector AgnosticAsia-Pacific Australia New Zealand Sydney

Source: firm website, verified Sep 27, 2026.

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Stage

Growth–Late Stage

Sydney, AU

Leads rounds

Leads

Instruments

Equity

Founded

2010

Tracked investments

Acquisitions

Team · 22 people

from the firm's website

Clark Perkins· Chairman of the Funds and CEO of the Manager· Greater Sydney Area

Founded Mercury Capital in 2010 and serves as Chairman of its funds and Chief Executive of the manager. Previously Head of the Merchant Banking Division of Goldman Sachs JBWere and Executive Chairman of its private equity funds, with over 30 years in investment markets.

Ben Hawter· Partner

Partner with over 16 years of Australian private equity experience, including four years at CVC Capital Partners before joining Mercury Capital in 2010. Current directorships include Are Media and Findex.

Chris Criddle· Partner

Partner with around 21 years of private equity and consulting experience across Crescent Capital, Pacific Equity Partners and McKinsey & Company. Current directorships include Tamaki Health, Green by Nature, Architectus and Fyfe.

Oliver Tompkins· Partner

Partner with around 15 years of private equity and consulting experience, including three years at McKinsey & Company before joining Mercury Capital in 2010. Board roles include ResourceCo, Squiz, Re.Group and Matrix Education.

Dean Pagonis· Investment Director

Investment Director with about 10 years of private equity and consulting experience, including four years at Boston Consulting Group before joining Mercury Capital in 2018. Serves on the boards of ResourceCo and Fyfe.

Joshua Constantinis· Investment Director

Investment Director with around 11 years of private equity and investment banking experience, including four years at UBS before joining Mercury Capital in 2016. Current directorships include Matrix Education, Green by Nature and JMC.

Joshua Patience· Investment Director

Investment Director who previously worked in the Investment Banking Division of Rothschild & Co before joining Mercury Capital in 2018. Serves on the boards of Tamaki Health and JMC.

Samara· Investment Director· Greater Sydney Area

Joined Mercury Capital in 2015 with private equity and investment banking experience including three years at Goldman Sachs Australia. Involved in investments into Nexus, IVHQ, MessageMedia, Squiz, TEG and Avive, and a member of the Australian Investment Council Diversity & Inclusion Advisory Committee.

Samara Insoll· Investment Director

Investment Director with around 10 years of private equity and investment banking experience, including three years at Goldman Sachs before joining Mercury Capital in 2015. Involved in investments including Nexus, IVHQ, MessageMedia, Squiz, TEG and Avive.

Craig Heatley

Founder of Sky Television, where he was Director and Chairman until 2001, and founder of Rainbow Corporation; former director of Brierley Investments, Progressive Enterprises and Woolworths Australia.

Danielle· Office Manager

Joined Mercury Capital as Office Manager in 2022 and supports the investment team, having previously developed business and facility management skills at Jefferies Australia.

Danielle Wardley· Office Manager

Office Manager who joined Mercury Capital in 2022, previously at Jefferies Australia, providing support to the investment team.

Dominic O'Connor· Investment Manager

Investment Manager who was previously a consultant at Bain & Company before joining Mercury Capital in 2022, with experience across buy-side/sell-side transactions and growth strategy.

James Penn· Investment Manager

Investment Manager who was previously a consultant at Bain & Company before joining Mercury Capital in 2020. Serves on the board of Architectus.

Jillin Yan· Associate

Associate who was previously a consultant at McKinsey & Company before joining Mercury Capital in 2025, with prior strategy and commercial experience including a robotics start-up in Hong Kong.

Joanne Chew· Chief Financial Officer

Chief Financial Officer with over 20 years of experience in finance, compliance, tax and fund operations across banks including Bankers Trust, Deutsche Bank, Morgan Stanley and Goldman Sachs, joining Mercury Capital at its establishment in 2010.

Justina· CFO, Mercury Capital Fund Twenty2· Bordeaux, Nouvelle-Aquitaine, France

An accountant with over 15 years of experience who oversees financial operations for Mercury Capital Fund Twenty2. Previously worked at Blackbird Ventures, Pacific Equity Partners, Macquarie Group and the Reserve Bank of Australia; a Chartered Accountant and CFA charterholder.

Justina Yap· CFO - Mercury Capital Fund twenty2

Accountant with over 15 years of experience, previously at Blackbird Ventures, Pacific Equity Partners, Macquarie Group and the Reserve Bank of Australia, overseeing financial operations for Mercury Capital Fund twenty2.

Nick Healy· Associate

Associate who was previously a consultant at Boston Consulting Group in Sydney and London before joining Mercury Capital in 2025.

Rose· Compliance and Operations

Handles office administration, compliance and operations for Mercury Capital, having previously worked in the Principal Investment Area of Goldman Sachs JBWere supporting private equity and mezzanine debt funds.

Rose Redmayne· Compliance and Operations

Handles office administration, compliance and operations at Mercury Capital, having previously worked at Goldman Sachs JBWere's Principal Investment Area.

Tom Sturgess· Chairman (portfolio)

Chairman of Blue Star and Hexagon and formerly Managing Director of Clayton Dubilier's Blue Star Group; co-founder of PE fund Wingate Partners and chairman/owner of the Tiri Group.

What they invest in

from 25 of 29 portfolio companies

Healthtech ×7Digital Health ×5E-commerce ×3Enterprise Software ×3Fintech ×3Impact & Social Good ×3Wellness & Fitness ×3B2B Marketplaces ×2

HQs:Australia×19New Zealand×4

Investments · 29 tracked

founders shown can be your intro path

are mediaaremedia.com.au in✓ verified

Are Media is a multi-channel publisher of magazines and content across lifestyle, entertainment, fashion, beauty, homes and food, with brands including New Idea, Marie Claire and Better Homes and Gardens.

Media & EntertainmentAustralia, AU

Sally Eagle(Chief Executive Officer of Are Media Australia & New Zealand)in Marena Paul(Finance Director)in Ian McHutchison(Director of Operations)inVeronique Maury(General Counsel)in Jocelin Abbey(Director of Content and Consumer Growth)in Anna Quinn(Director of Sales)in

Architectusarchitectus.com.au in

Architectus is an Australian architecture and design practice offering architecture, urban design and planning, interior design, landscape architecture, and in-house digital/technology consultancy services.

Construction TechPropTechAustralia, AU

Australian Animal Hospitalsvetwest.com.au

Vetwest operates a network of veterinary clinics across the Perth metropolitan area and Mandurah in Western Australia, providing animal care and veterinary surgery services for pet owners.

ConsumerHealthtechPerth, AU

Avive Healthavivehealth.com.au in

Avive Health operates hospitals in Australia and is committed to patient safety, clinical governance, and healthcare quality through adherence to national healthcare rights standards and hospital by-laws.

Digital HealthHealthtechMedical DevicesMental HealthAustralia, AU

Blue Starbluestargroup.co.nz in

Blue Star is a New Zealand integrated marketing group offering print manufacturing, packaging, design, marketing communications, digital, merchandise, and logistics services.

Advanced ManufacturingLogistics & Supply ChainMarketing Tech

E&P Financial Groupeap.com.au in

E&P is an Australian-owned financial services firm providing strategic financial advice, SMSF accounting services, and wealth management to individuals, families, organizations, corporates and institutions.

Fintech

Estia Healthestiahealth.com.au in

Estia Health Limited is an Australian residential aged care provider.

Digital HealthHealthtechWellness & Fitness

Co-investorsBain Capital Stonepeak

Fiftyfive5fiftyfive5.com in

Fiftyfive5 helps organizations identify and unlock demand-led growth strategies through data-driven analysis and deeper customer understanding.

Data & InfrastructureSydney, AU

Findexfindex.com.au in

Findex offers integrated financial services, including financial and lifestyle planning, for businesses and individuals.

B2B MarketplacesEnterprise SoftwareFintechAustralia, AU

Spiro Paule(Founder)in

Forsyth Barrforsythbarr.co.nz in 𝕏

Forsyth Barr is an investment and financial services firm offering transactional broking services, managed portfolios, funds, fixed interest, equities, and capital markets services for individual and institutional investors in New Zealand.

FintechNew Zealand (nationwide), NZ

Fyfefyfe.com.au in

Fyfe is an Australian engineering and environmental consultancy providing services across renewable energy, resources, transport, power and network infrastructure, water and wastewater, land development, and data centres over the full project lifecycle.

Climate TechConstruction TechEnergyEnterprise Software

Co-investorsMHS Capital Point Nine

Green by Naturegreenbynature.com.au in

Green by Nature is a landscape services company that designs, builds, and maintains green spaces for education, government, commercial, residential, sports, and events sectors across Australia and New Zealand.

AgTechImpact & Social GoodMelbourne, AU

HealthStronghealthstrong.com.au in

Amplar Health invests in and operates primary care services across Australia, including a major stake in MyHealth Medical Group and ownership of Better Medical, a network of 61 GP and medical clinics.

Digital HealthHealthtechWellness & Fitness

IVHQvolunteerhq.org in 𝕏

International Volunteer HQ (IVHQ) offers corporate volunteering programs abroad, arranging customizable CSR-focused trips in 40+ countries where employee teams work on education, environmental, health, and community development projects.

Impact & Social GoodMarketplacesSocialTravel & Hospitality

JMC Academyjmcacademy.edu.au in 𝕏

JMC Academy is an accredited Australian higher education provider offering programs in the creative industries.

Creator EconomyEdTechSydney, AU

Matrix Educationmatrix.edu.au in 𝕏

Matrix Education is a tutoring and coaching provider offering online and on-campus courses for students during school terms and holidays.

EdTechSydney, AU

MessageMediamessagemedia.com.au in 𝕏

MessageMedia is a global messaging platform that enables businesses to reach customers via SMS, social, and 85+ integrations.

Enterprise SoftwareMarketing TechSaaS

Co-investorsGlitch Capital

Nexus Day Hospitalsnexusdayhospitals.com.au

Nexus Day Hospitals operates specialised private hospital facilities in Australia that provide surgical and medical care in a patient-focused environment.

HealthtechMedical DevicesAustralia, AU

Novotechnovotech-cro.com in

Novotech is a contract research organization (CRO) that provides clinical trial execution and scientific advisory services for biotech and biopharma sponsors, including complex cell and gene therapy trials.

BiotechDigital HealthHealthtech

Anand Kumaresh Tharmaratnam(Chief Executive Officer & Chairman)in Vivek Kapoor(Chief Financial Officer)inTim Bray(Chief Human Resources Officer)in Judith Ng-Cashin(Chief Medical Officer)inPrashant Dhami(Chief Strategy Officer)in Dylan Matzinger(Chief Business Officer)in

Co-investorsTPG GIC Temasek HongShan Capital Group

NXPnxp.nz

NXP is a New Zealand distributor of business consumables including office, paper, café, cleaning, tech, packaging, safety, and furniture supplies.

B2B MarketplacesE-commerceLogistics & Supply ChainRetail TechAuckland, NZ

Anne-Marie Sutton(CEO)inDale Bamford(CFO)inDavid Box(GM Sales)in Jane Foote(CIO)inKelly Geddes(GM Operations)Sooi Wong(GM Merchandise)in

Co-investorsEuropean Investment Bank

Paramountparamountliquor.com.au

Paramount Liquor is Australia's largest independently-owned liquor wholesaler serving on-premise venues and businesses.

E-commerceRetail Tech

Re Groupre-group.com

Re.Group designs, builds, owns and operates recycling systems and facilities, providing kerbside recycling, material recovery, organics (FOGO) processing and container deposit schemes for local governments and communities.

Circular EconomyCleantechImpact & Social GoodAustralia, AU

ResourceCoresourceco.com.au in

ResourceCo recovers and re-manufactures primary resources, extracting value from materials that would otherwise go to landfill.

Circular EconomyCleantechEnergyNew MaterialsAustralia, AU

Henry Anningin

Tamaki Healthtamakihealth.co.nz in

Tāmaki Health is a management service organisation operating the Local Doctors and White Cross network of primary healthcare and after-hours medical clinics across Auckland and New Zealand, serving around 230,000 enrolled patients at 45 clinics.

Digital HealthHealthtechWellness & FitnessAuckland, NZ

TEGteg.com.au in

Ticketek Entertainment Group (TEG) is a live entertainment company operating ticketing, event touring, promotion, venue, digital and data businesses for concerts, sports and experiential events.

E-commerceMarketplacesMedia & EntertainmentSports TechAustralia, AU

Cameron Hoy(Chief Executive Officer - Ticketek Entertainment Group)in Belinda Shaw(Chief Financial Officer - Ticketek Entertainment Group)inAmanda Luhrmann(Group General Counsel & Company Secretary)Tane Oakes(Chief Technology Officer - Ticketek Entertainment Group)inTim McGregor(Global Head of Touring)inTimothy Ho(Managing Director - TEG Asia)

Co-investorsSilver Lake Partners

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Crushing IndustriesHexagonHexagon HoldingsSquiz

Exits · 1

1 acquisitions

Hexagon Holdingsacq. by Multi-Colour (NZ)

Frequently asked questions

How many investments has Mercury Capital made?: Mercury Capital has 29 tracked investments, 1 of which have exited.
What stage does Mercury Capital invest at?: Mercury Capital invests at the Growth, Late Stage stages.
What sectors does Mercury Capital focus on?: Mercury Capital focuses on Circular Economy, Consumer, EdTech, Enterprise Software, Fintech, Healthtech, Media & Entertainment, Mental Health, SaaS, Sector Agnostic.
Where is Mercury Capital located?: Mercury Capital is headquartered in Sydney, AU.
Does Mercury Capital lead rounds?: Yes, Mercury Capital leads investment rounds.
Who does Mercury Capital co-invest with?: Mercury Capital most often shares deals with Glitch Capital, HongShan Capital Group, Silver Lake Partners, among 4 tracked co-investors.

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