We are delighted to have advised Kee Safety on its investment from Inflexion and 65 Equity Partners
A West Midlands-based safety systems specialist which dates back to 1934 has secured a joint investment from Inflexion and 65 Equity Partners in a deal with a value of approximately £1.3bn. Headquartered in Cradley Heath in the UK, Kee Safety specialises in the design, installation, and certification of safety systems, offering products for fall protection, safe access and ground safety.
Since its inception, the company has significantly expanded its product range and global footprint, with sales into 60 countries across the US, Europe, Asia, and the Middle East. Kee Safety has a track record of organic and acquisitive growth, having purchased 54 businesses to date.
Kee is a long-standing audit and tax compliance client of the firm, and in addition Grant Thornton have provided due diligence and related services to the company on its last five private equity transactions, as ownership has passed from Barclays Ventures to LDC, Dunedin, Investcorp, ICG and now Inflexion and 65 Equity Partners.
The ability to consistently retain this work is primarily attributed to an integrated approach across the financial and tax due diligence teams, including collaboration with GTUS and GT Netherlands tax. A deep understanding of the business allows Grant Thornton to efficiently identify, analyse, and articulate key risk areas and focus points for due diligence within tight timelines. The quality of the work and reports provides the necessary reassurance to incoming investors and the banking syndicate. Additionally, the significant continuity in our service delivery team from deal to deal, combined with a collaborative effort—especially Grant Thornton’s close partnership with the company's CFO, Neil Russ—ensures that client needs are efficiently met and exceed expectations
Grant Thornton provided financial and tax vendor due diligence on the transaction, in addition to tax structuring and tax advisory support to management. The work commenced at the beginning of February and the deal was signed at the end of March, with total fees to the firm on the transaction of over £500,000.
