Tiger, established in 1994, has expanded through a combination of organic growth and acquisitions to provide services which range from strategic consultancy, managed implementations, operations process improvement, risk reviews and recruitment. As a testimony to its focus on client success, 70% of Tigerâs revenues are generated through repeat business, with new business typically coming from referrals. It has grown aggressively over the past two years, increasing gross revenues by 97%. It has also recently acquired two businesses: the Hobbes Group in 2006 and Ruby Business Management Limited in 2007.
Joanne Lewis, Founder of Tiger, commented:
âJoining the Fusion AI family of companies will give Tiger a platform to more rapidly develop significant opportunities within the European investment management industry and cement our position as a leading financial services consultancy. The corporate and industry experience provided by Fusion AI, its global reach and the broad-based capabilities of its other portfolio companies will be extremely beneficial to Tiger and provide for a very exciting future. I look forward to working with Fusion AI and the Tiger management team to fully realise our growth strategy.â
Tiger will become part of the Fusion AI family of companies that provides a full range of professional services to the financial, insurance, and technology marketplace. Through its aggressive growth strategy, Fusion AI is developing a comprehensive and interlocking spectrum of services and products through which it offers clients full service, global capabilities in management consulting, business process management, technology consulting, information technology services, enhanced user experience for its customersâ customers, and infrastructure services.
Fusion AI is an international private equity firm which builds long term sustainable value in the technology and services industries. As well as access to growth capital, Fusion AI adds global market reach and experience in global sourcing to Tigerâs existing strengths, while its financial industry expertise and extensive technology and management consulting in large firms further complement and strengthen Tigerâs value proposition in the marketplace.