Investcorp, a leading provider and manager of alternative global investment products, has agreed to acquire Kee Safety Ltd., a global supplier of safety solutions and products, from Dunedin LLP and LDC for an enterprise value of £280 million ($370 million).
Established in the UK in 1934 and headquartered in Birmingham, Kee Safety is the leading global provider of fall-protection solutions and products associated with working at heights. The company has a global presence and sells its products in more than 60 countries to a broad range of customers, from multi-national corporations to distributors and installers. It employs 480 people and has established operations in 10 countries, including the US and China.
Investcorp plans to support Kee Safety’s international growth strategy both organically and by considering further add-on acquisitions, expanding the company’s geographic footprint and strengthening its presence in existing markets. Operating in a highly fragmented market, Kee Safety is well positioned to leverage its strong reputation and its scalable business model to benefit from increasing levels of safety regulations around the world.
Yasser Bajsair, Investcorp managing director in Saudi Arabia, said: “Investcorp has built a strong track record of successful investments in Europe. We are excited to start a new success story with Kee Safety...”
Chris Milburn, chairman of Kee Safety, said: “International expansion and an active acquisition strategy have formed key tenets of our growth story over recent years. It was, therefore, extremely important for us to identify the right partner capable of continuing to support us in this period of strong development for the company. We believe that Investcorp’s proven track record, global presence and network will be extremely valuable in this regard. Their experience of working with the management teams of their portfolio companies to help them continue to internationalize makes them a highly complementary partner for Kee Safety and one that will help us realize the full growth potential of the business.”
Kee Safety marks Investcorp’s third investment in the UK in the last 18 months, having previously acquired Nebulas, one of the UK’s leading managed cybersecurity service providers; and Impero, one of the UK’s leading providers of online student safety, classroom and school network management software.
Investcorp to acquire Kee Safety for $370 million
Investcorp to acquire Kee Safety for $370 million
Dammam Airports partners with KaarTech to transform IT services
Dammam Airports, a key player in Saudi Arabia’s aviation sector, has partnered with KaarTech to deliver end-to-end IT managed services across its airport network in the Eastern Province.
This milestone advances Saudi Arabia’s Vision 2030 and strengthens Dammam Airports’ commitment to delivering world-class travel experiences. The collaboration was inaugurated through an official signing ceremony attended by Mohammed Al-Hassany, CEO of Dammam Airports, and Shahinsha Abdul Basheer, CEO of KaarTech, signifying a shared commitment to shaping the future of Saudi Arabia’s aviation through innovation and intelligent technology.
Recognized as one of the world’s largest airports by land area, Dammam Airports connects more than 12 million passengers each year and plays a vital role in strengthening the Kingdom’s aviation growth. With this partnership, the company is set to transform its IT landscape into a secure, scalable, and intelligent environment that supports the complexities of modern airport operations.
KaarTech will manage the complete IT landscape across three airports, covering infrastructure, cloud, and network operations, along with 24/7 service management. This engagement also includes comprehensive application support beyond SAP, enriched with automation, proactive governance, and predictive intelligence. KaarTech will enable Dammam Airports to achieve resilience, efficiency, and long-term scalability through a comprehensive AI governance approach that embeds transparency, accountability, and innovation into every layer of IT operations, positioning the company as a trusted driver of aviation modernization.
This partnership aims to transform IT from a back-end function into an AI-enabled strategic driver of business performance and passenger experience. From ensuring business continuity and strengthening operational reliability to enabling connected, insight-driven airport services, the collaboration reflects a shared commitment to data-driven, intelligent, and sustainable aviation.
Through this engagement, KaarTech reaffirms its position as a trusted partner in AI-led enterprise transformation, delivering deep expertise in managing complex technology ecosystems with intelligence and precision. For Dammam Airports, the partnership represents a decisive step in aligning operational excellence with the national vision for innovation, digital connectivity, and long-term growth.
Together, the two organizations will drive smarter airport operations and deliver sustainable value for the Kingdom’s growing aviation ecosystem.
