King and Wood Mallesons (KWM) is pleased to have advised Findex Group Limited (Findex) on Mercury Capital’s investment in Findex to become the largest shareholder in the company and KKR’s simultaneous exit of Findex.
The transaction involved a complex restructure of Findex’s capital structure in connection with KKR’s exit, as well as an upsize of Findex’s senior debt facility prior to Mercury’s investment in the company.
KWM advised Findex in relation to all aspects of the transaction, including preparing a vendor due diligence report, negotiation and preparation of transaction documents and completion.
The KWM team was led by Partners Anthony Boogert, Yuen-Yee Cho, Mark McNamara and Tim Sherman with support from Senior Associates Yiwen Chen and Victoria Lanyon, and Solicitors Wendy Yuan, Samin Sekandar, Madeleine Sidgreaves and Natasha Costa.
Commenting on the deal, Anthony Boogert said:
“It has been a pleasure supporting Findex on this transformational transaction. We trust that Mercury Capital’s investment into Findex will benefit both parties and support Findex’s continued growth.”
The transaction completed on 9 April 2024.
