Safety equipment provider lands £1.3bn valuation after double investment
Cradley Heath-based safety equipment provider Kee Safety has attracted joint investment from global firm 65 Equity Partners and London-based private equity group Inflexion.
Both investors will take equal minority stakes in the company alongside Kee Safety’s management team.
The deal, still subject to regulatory approval, could value Kee Safety at around £1.3bn.
Intermediate Capital Group (ICG), which first invested in Kee Safety in 2021, will remain involved as a lender and minority shareholder.
Specialising in fall protection, safe access, and ground safety solutions, Kee Safety has grown through 54 acquisitions to date.
65 Equity Partners manages S$4.5bn in assets, while Inflexion, focused on mid-market transactions, recently opened a Singapore office to expand its investor network.
David Whileman, head of partnership capital at Inflexion said: “We are delighted to partner with Kee Safety, a market leader in its field with a strong track record of growth and innovation. Our investment underscores our confidence in Kee Safety’s exceptional team and the significant opportunities that lie ahead.”
Chris Milburn, chair at Kee Safety said: “This partnership marks an exciting new chapter for Kee Safety, reinforcing our commitment to market-leading products and services in the global safety market. I am pleased to welcome Inflexion as a strategic partners and look forward to working closely with them, alongside our existing partner ICG, to continue our successful journey.
“Their expertise in international expansion and strategic acquisitions will be invaluable in helping us accelerate our ambitious plans. With their support, Kee Safety will continue to enhance its products and services while expanding its global footprint.”
