ICG to acquire Kee Safety Group from LDC and Investcorp.

Intermediate Capital Group, a global alternative asset manager, agreed to acquire Kee Safety Group, a global supplier of fall protection equipment, safety railing systems and working at height solutions, from Lloyds Development Capital, a mid-market private equity firm, and Investcorp, a provider and manager of alternative investment products. Financial terms were not disclosed. ”LDC has played a significant role in supporting our international growth strategy, investing time and resources since they first invested back in 2011. Their partnership with us has been crucial to the on-going success of our business and has provided us with the perfect platform to enhance our global market-leading position,” Chris Milburn, Kee Safety Chairman.