Headquartered in Birmingham, Kee Safety is the leading provider of fall protection products and solutions associated with working at height. With a longstanding reputation for quality, reliability and safety, its expertise spans fall prevention, roof edge protection, barrier and guardrail systems and safe access solutions.
LDC took a significant stake in Kee Safety in 2011. LDC worked in close partnership with the management team to implement a strategic growth plan which included product innovation, optimising and expanding routes to market, driving international expansion and augmenting organic growth with complementary acquisitions.
In 2013 LDC completed the sale of its stake in Kee Safety in a £90million deal with Dunedin with LDC re-investing to further support the business’s fast growth strategy.
In November 2017, LDC has backed the business for a third time in a £280million deal following the acquisition of Kee Safety by investment firm Investcorp just one month earlier.
Over the past seven years, LDC has supported the significant growth of the business both at home and overseas. In its latest financial results Kee Safety recorded a turnover of over £75million, up 178% from £27million in 2011, and today the business employs more than 480 people, up 167% from 180 people over the same period. It has also established a strong global presence with operations in 10 countries, including the USA and China, and now supplies its products across more than 60 countries worldwide.
Moving forward, LDC will work with Investcorp to continue its support of Kee Safety’s international growth strategy, both organically and through a targeted acquisition programme. It follows a buy-and-build strategy that saw the business complete 11 complementary acquisitions over the past four years.
In September 2018 the sale of Kee Safety to Investcorp was recognised as ‘International Deal of the Year’ at the Midlands Dealmaker Awards.
LDC has invested considerable time and resource in our business. We established a close working relationship with the team at the time of the MBO and the business has benefited significantly.Chris Milburn, Chief Executive, Kee Safety