Camberley: Filtration manufacturer gains growth funding from BGF
Amazon Filters, a filtration equipment manufacturer, has secured a significant investment from BGF. The business will use BGF’s funding to continue its organic growth and further expand its distribution network.
Founded in 1985 by Mike Pizzey, the family-owned business is an independent manufacturer of bespoke filter housings and cartridges. It provides a complete range of standard and customised filter housings and consumables for use in a wide range of industrial sectors. The company has over 1,000 clients across the water, pharmaceutical, automotive and food and drink sectors, and generates revenue of GBP24 million.
Headquartered in Camberley, Amazon Filters employs over 200 staff across its facilities in the UK, Poland and Germany. The company has become a preferred supplier in a highly-regulated market due to its high levels of customer service, broad client base and technical expertise.
Neil Pizzey, managing director, Amazon Filters, said: “Over the past three decades, we have grown Amazon Filters into a company of significant scale with a strong customer base – but there is more we want to achieve.
“Having grown the business to its current level, we were looking for an investment partner that will challenge us and help us develop the company further. The breadth of BGF’s talent network and its minority stake approach to partnerships was the right fit for us. We’re really looking forward to the next stage of our growth journey with them.”
Rahul Satsangi, BGF, said: “Led by a strong management team, Amazon Filters have built scale, attracted a loyal customer base and established a global reach. They are already well invested in their technical expertise and facilities, and we’re delighted to partner with the company and share our expertise, network and connections to help the business scale even further.”
The investment was led for BGF by Rahul Satsangi, Michael Bacon and Zahir Kasmani.
A KPMG Corporate Finance team led by Surinder Matharu and Mamoona Aslam advised Amazon Filters on the deal. Matharu said: “This investment provides Amazon Filters with the ideal partner to provide challenge and support the next phase of its growth. It is also a prime example of how family-owned businesses can unlock value whilst remaining in control."