Investing in Partnership
Mercury Partners has more than 30 years of principal investing and CEO experience acquiring and growing lower middle market businesses. We invest our own permanent capital and partner with a company's leadership team to build enduring businesses.

An Owner's Perspective
Brad de Koning is the Founding Partner of Mercury Partners, where he has led the firm's investment activities since 1996. Most recently, he was CEO of DirectMed Imaging for nearly nine years following Mercury's acquisition of the company in 2017.
Having served as both a private equity investor and CEO of two lower middle market companies, Brad has experienced ownership and founder transitions from both sides of the table. That perspective shapes Mercury's approach to investing and working with leadership teams to build long-term value.
Disciplined Strategy for Long-Term Ownership
Mercury focuses on founder-owned, lower middle market businesses providing critical services to complex or regulated end markets. We partner with management teams where our operating experience and capital can support the next stage of growth.
The Right Business
- Structural barriers to entry
- Non-discretionary demand
- IP or process advantages
- Meaningful switching costs
- Fragmented competitive landscape
Financial Criteria
- Revenue: $10M – $50M
- EBITDA: $1M – $4M
- Transaction Size: $5M – $50M
- Geography: United States
Transaction Type
- Majority or control investments
- Founder transitions & recapitalizations
- Management buyouts
- Strategic add-on acquisitions
Industry Focus
- Equipment maintenance and repair
- Testing, inspection, and calibration
- Facilities management
- Specialty field services
- Safety and compliance
- Medical equipment maintenance and repair
- Healthcare equipment testing and calibration
- Medical products and distribution
- Healthcare facility support services
- Sterilization and infection control
Interested in learning more about Mercury?
Start a confidential conversation about your business and what you're considering.
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