Episode 12: Neil Pizzey, Managing Director of Amazon Filters
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Description
In this episode of our Dealmaker Podcast series, we talk about the deal between Amazon Filters and investor, BGF.Jo Sheerin is joined by Neil Pizzey, Managing Director of Amazon Filters, and Surinder Matharu, from KPMG as they discuss the story behind the deal of the businesses, as well as the challenges they faced along the way.Amazon Filters is a 38-year-old filter manufacturer that supplies global process industries and was founded with the goal to provide creative solutions to some of the biggest challenges facing the process industry. Despite facing various challenges such as recessions and pandemics, the company has grown consistently over the years and now has revenue of around £36m with facilities in 3 countries. Neil Pizzey mentions the decision to bring in outside investor, BGF, to bring renewed ambition, increased rigour, and a fresh viewpoint to the company.Neil speaks about the journey of helping grow the family business from an eleven-person team making less than £1m in revenue when he joined, to the team of over 250 people with revenue of around £36m, which has become one of Europe’s leading filter manufacturers.We go behind the scenes of this exciting deal as Neil and Surinder share their experiences of the BGF deal, and provide helpful advice to business owners thinking about seeking outside investment or selling their business.
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