Kee Safety, a Meriden, near Birmingham, UK-based provider of safety solutions, has received an equity investment of undisclosed amount from LDC.
Lloyds Bank Corporate Markets Acquisition Finance provided debt financing for the transaction.
The company intends to use the capital to support the roll-out of new products, further expansion of international markets and future acquisitions.
In conjunction with the transaction, Martin Draper, Managing Director LDC Midlands, and Andy Lyndon, Investment Directors, will join Kee Safety’s board.
Led by CEO Chris Milburn, the company provides safety solutions in the areas of collective and personal fall protection designed to separate people, working at height or on the ground, from hazards. It operates through a number of internationally recognised brands including KeeGuard, Kee Line, Kee Walk, Kee Access and Kee Klamp.
Kee Safety employs approximately 180 staff and exports to over 35 countries. In addition to Meriden, the company operates from Reading and Cradley Heath, and has overseas operations in the USA, Canada, Germany, France, the UAE, Poland and China.