FORUM Family Office acquires 100% of Tiger Filtration Ltd. from England

FORUM Family Office (“FORUM”) has acquired 100% of the shares in Tiger Filtration Ltd. (“Tiger”), based in Sunderland, England. Tiger is the first acquisition by FORUM in England and, following acquisitions in Switzerland and Austria, another milestone in our internationalization strategy.

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In 2022, the company generated sales of approximately €4 million with 20 employees. Like each of our companies, Tiger meets FORUM's most important investment criterion: high recurring revenues in niche applications. Tiger manufactures special filter elements for industrial compressed air and vacuum applications in its own factory. It supplies both spare parts dealers and service providers specializing in compressed air, as well as OEMs that purchase customized filters from Tiger.  

The company has grown steadily and internationalized since its foundation in 2004 - 2/3 of its sales are generated outside of England. Tiger's strong market position is primarily based on the high quality of its product and service; in addition, as a manufacturer, Tiger can offer faster “prototyping” and faster delivery times than the competition.

FORUM's continuation concept envisages the continuation of the corporate strategy in all essential points; in particular, personnel and location will be retained. As the owner, FORUM will provide impetus for greater internationalization and expand sales. In addition, investments in production technology will be used to expand the product portfolio in the area of air filtration.

The founder Gary Ashton will remain on board as managing director:

“As founder of Tiger Filtration, I am delighted we are now part of the FORUM Group. FORUM was always my first choice as they are very keen to maintain continuity with a long-term view of neverselling the company. This new partnership will allow us to continue as anindependent whilst maintaining continuity to our ever-expanding customerbase.  With FORUM’s experience and financial resources, it is expected that our range of products will quickly expand and offer even more solutions to our clients. “

FORUM Family Office invests the assets of a Munich family in medium-sized companies. FORUM's principles in the area of Family Equity for succession solutions are: permanent, decentralized, entrepreneurial – completely different from financial investors. This approach has already persuaded over 21 entrepreneurs to entrust FORUM with their life's work. In total, the companies generated sales of approximately €160 million with approximately 1,200 employees last year.