At what enterprise value was TIGER FILTRATION acquired in 2021?

During the acquisition of TIGER FILTRATION by XEBEC in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 10M - 30M CAD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of TIGER FILTRATION when it was acquired by XEBEC?

The estimated EV/EBITDA multiple for TIGER FILTRATION is in the range of 10x - 18x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was TIGER FILTRATION acquired by XEBEC?

TIGER FILTRATION was acquired by XEBEC in 2021.

What was the revenue of TIGER FILTRATION at the time of the deal?

The revenue of TIGER FILTRATION at the time of the deal is estimated to be in the range of 0M - 5M CAD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of TIGER FILTRATION during the acquisition?

TIGER FILTRATION's EBITDA is estimated to be in the range of 0M - 5M CAD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the TIGER FILTRATION acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the TIGER FILTRATION deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.globenewswire.com/news-release/2021/06/14/2246378/0/en/Xebec-Acquires-Tiger-Filtration-to-Leverage-Recurring-Element-and-Filter-Manufacturing-Platform-for-Renewable-Gases.html

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Home Database Industry & ManufacturingTIGER FILTRATION

06/2021

TIGER FILTRATION acquired by XEBEC

UNITED KINGDOM Industrial Equipment / Components / Valves, Pumps & Taps EV 10M - 30M CAD

Context

The acquisition of Tiger Filtration by Xebec Adsorption Inc. is a strategic move to leverage the target company's recurring aftermarket business for elements and filters, as well as its research and development capabilities to expand Xebec's product portfolio to include filtration products for hydrogen and renewable natural gas. The deal provides Xebec with a unique opportunity to vertically integrate into the valuable aftermarket business for filters and elements, which is expected to be immediately accretive and bring Tiger Filtration's products to Xebec's service subsidiaries. The acquisition positions Xebec well as it looks to transition from being predominantly an equipment supplier to a support and service-oriented organization with recurring revenue streams for renewable and low carbon gases. The deal is expected to provide cost savings by displacing parts currently bought by Xebec's existing subsidiaries and will enable the company to increase revenues by leveraging its sales and distribution networks. The acquisition is a key step in Xebec's strategy to become a leading provider of clean energy solutions and is expected to drive growth and profitability for the company in the long term.

TIGER FILTRATION, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Tiger Filtration is a British-based company that specializes in the manufacturing of high-quality alternative in-line filter elements, vacuum pump separators, compressor air and oil separators, high-pressure stainless-steel filter housings, and bespoke filtration solutions. Established in 2004 by former Walker Filtration employees, the company has gained worldwide recognition for providing high-quality alternatives for the compressed air and gas industry. With a 14,000 sq ft facility in Sunderland, UK, Tiger Filtration supplies its products globally to customers ranging from small businesses to international organizations who expect quality products and an exceptional level of service. The company's products are designed to meet the needs of various industries, including compressed air and gas, and its commitment to quality and customer service has earned it a reputation as a trusted supplier in the industry.

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REFERENCES

Valuation range: EV 10M - 30M CAD

Revenue range: 0M - 5M CAD

EBITDA range: 0M - 5M CAD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TIGER FILTRATION by XEBEC are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: tiger filtration