Sydney-based Mercury Capital cleared to buy half of Nirvana Health

Thu, 31 Aug 2017

By Sophie Boot Aug. 31 (BusinessDesk) - An Australian private equity fund has been cleared to buy half of Nirvana Health, the country's largest independent primary health care group. Mercury Medical Holdings, which is ultimately controlled by Sydney-based Mercury Capital Fund 2, has bought half of NMH Holdings, the holding company of Nirvana Health's existing business, for an undisclosed amount. The two plan to be joint venture partners for Nirvana's 37 primary care clinics, most of which are in Auckland, the Overseas Investment Office ap...

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