October 18, 2017 (London) – International law firm Proskauer represented Investcorp in its £280 million ($370 million) acquisition of Kee Safety Ltd. from Dunedin LLP and LDC.
Investcorp is a world-leading manager of alternative investments for select individuals and institutions with more than $21.4 billion of assets under management.
Kee Safety is the leading global provider of fall protection solutions and products associated with working at height, headquartered in Birmingham.
Proskauer has recently advised Investcorp on its NOK 1.8 billion acquisition ($210 million) of ABAX Group; and its acquisition of Ageras, the Copenhagen-based online B2B marketplace for professional services.
The Proskauer team was led by co-head of global Private Equity and M&A Steven Davis and included associates Liam Arthur, Lauren Bretton, Jenny Paramonova and Gregor Gordon (Corporate); and partner Stephen Pevsner and associate Richard Miller (Tax).
This transaction follows a number of significant deals on which the Firm has advised, including advising Safetykleen Europe in its £780 million sale to funds advised by Apax Partners; GIC in its acquisition of Goldman Sachs' stake in Rothesay Life; and Lion Capital in its acquisition of a majority stake in Grenade Holdings Limited from Grovepoint Capital LLP and Grenade’s founders.