Search Get in touch
Industrial Services

Kee Safety wins International Deal of the Year!

By ,  September 18, 2018

Kee Safety has been named International Deal of the Year at the Insider Midlands Dealmakers Awards 2018

Dunedin’s £280m sale of Birmingham-based Kee Safety was named “International Deal of the Year” at the Insider Midlands Dealmakers Awards 2018 on account of “its great return for shareholders and managers.” In addition, the sale was shortlisted for “Deal of the Year.”

Kee Safety, the global supplier of safety solutions and products designed to protect people from hazards, was sold to Investcorp in October 2017. The sale achieved a full exit for Dunedin’s Buyout Fund III and a return of 3x money invested (IRR of 35%).

During Dunedin’s four-year ownership period, Kee Safety significantly increased its geographic footprint across Europe, North America, Asia and the Middle East and more than doubled its revenues. Today, the business sells its products in over 60 countries. Internationalisation is a key feature of Dunedin’s approach to creating value in UK businesses.

Nicol Fraser, Partner of Dunedin, commented: “We are delighted that the sale of Kee Safety has been named as International Deal of the Year and shortlisted as Deal of the Year by Insider. This award rightly recognises that Kee Safety is a great example of a Midlands based business that has expanded into international markets and is successfully competing on a global stage. The sale to Investcorp not only provided a strong return for our investors but also positioned the Company well for its next stage of growth. This is a well-deserved compliment to Kee Safety’s management team, who have been so instrumental in achieving international success.”
 

More News and Thought Pieces

Kingsbridge Contractor Insurance Crowned ‘Independent Broker of the Year’ at the 2018 Insurance Times Awards.

Read more

Oliver Bevan recognised as one of Real Deals' Future 40 dealmakers, setting the agenda for future European private equity

Read more

The legal services profession is slowly but surely waking up to the potential of new technologies to disrupt and transform

Read more
PR Enquiries

CONTACT
Corinna Vere Nicoll

TEL
+44 (0)7825 326440

Be first to know.

Sign up to get Dunedin updates, thought pieces and insights delivered to your inbox.

Get in touch.

Send us your message