Search Get in touch
Industrials & Energy

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

Dunedin has exited professional services firm Blackrock PM, achieving 2.8x return for Dunedin investors. Since Dunedin invested in March 2015 the company has grown significantly, increasing international sales by 221% and tripling overall revenue.

Read more

CHP Consulting wins Dunedin sponsored Megabuyte50 Award for “Best performing company in banking and insurance software”

Read more

The sale, which exchanged on 18 October 2017, values the company at £280 million

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