Travers Smith LLP has advised Inflexion and 65 Equity Partners on their agreement to jointly invest in Kee Safety, a global leader in safety systems and solutions.
Following completion, Inflexion and 65 Equity Partners will have equal minority shareholdings in the Company, alongside the Kee Safety management team. ICG made an initial investment in partnership with management in 2021, and will continue to support the business as a lender and minority shareholder, working alongside Inflexion, 65 Equity Partners and the management team. The investment implies a valuation for the Company of approximately £1.3 billion.
Headquartered in Cradley Heath, UK, Kee Safety specialises in the design, installation, and certification of safety systems, offering innovative solutions for fall protection, safe access and ground safety.
The Travers Smith team was led by Private Equity and Financial Sponsors Partners Tom Hartwright and Adam Orr, supported by Associates Ollie Creamer, Navi Suglani and trainee Izzy Woodhouse. Tax advice was provided by Tax Partner Hannah Manning, Senior Associate Callum Burgess and Associate Ross McGregor. Finance advice was provided by Head of Leveraged Finance Matthew Ayre and Senior Counsel Fiona Swords.
Latham & Watkins also advised 65 Equity Partners on the transaction.
