At what enterprise value was TARGA TELEMATICS acquired in 2021?

You can find the full valuation details of TARGA TELEMATICS on mynth capital. 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 TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of TARGA TELEMATICS when it was acquired by INVESTINDUSTRIAL?

The exact EV/EBITDA multiple for TARGA TELEMATICS is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was TARGA TELEMATICS acquired by INVESTINDUSTRIAL?

TARGA TELEMATICS was acquired by INVESTINDUSTRIAL in 2021.

What was the revenue of TARGA TELEMATICS at the time of the deal?

The revenue of TARGA TELEMATICS at the time of the deal is estimated to be in the range of 25M - 50M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 TARGA TELEMATICS 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 TARGA TELEMATICS 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.investindustrial.com/publications/news/Investindustrial-acquires-Targa-Telematics.html

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Home Database TMT (Tech, Media, Telecom)TARGA TELEMATICS

06/2021

TARGA TELEMATICS acquired by INVESTINDUSTRIAL

ITALY Software / Industry-Specific Software / Automotive REV 25M - 50M EUR

Context

The investment by Investindustrial in Targa Telematics is a strategic move to support the growth and internationalization of the Italian smart mobility leader. The deal will enable Targa Telematics to strengthen its leadership position in Italy and become a leading company in the smart mobility, fleet management, and insurtech sectors at the European and global level. The transaction will also allow Targa Telematics to further consolidate its existing partnerships with long-standing customers and create new client opportunities. The investment by Investindustrial is a testament to the company's commitment to supporting innovative and forward-thinking businesses. The deal is expected to have a positive impact on the smart mobility sector, as Targa Telematics continues to innovate and expand its offerings. With the support of Investindustrial, Targa Telematics is well-positioned to capitalize on the growing demand for smart mobility solutions and to become a major player in the global market. The investment will also enable Targa Telematics to accelerate its innovation process and to develop new solutions that meet the evolving needs of its clients. Overall, the deal is a strategic move that will support the long-term growth and success of Targa Telematics.

TARGA TELEMATICS, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

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

Targa Telematics is a technology company specializing in IoT solutions and digital platforms for connected mobility. The company is controlled by Investindustrial, a leading European investment firm, which acquired a 50.1% stake in Targa Telematics in 2021. Targa Telematics' business model focuses on delivering innovative solutions for the automotive and mobility sectors, leveraging its expertise in software development, data analytics, and IoT technologies. With a strong presence in Europe and a growing international footprint, Targa Telematics is well-positioned to capitalize on the increasing demand for connected mobility solutions. The company's management team, led by Adriano Scardellato and Nicola De Mattia, has a proven track record of driving growth and innovation, and its strategic partnerships and acquisitions have further strengthened its market position.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2023	TARGA TELEMATICS	VIASAT GROUP	ITALY	Software	The acquisition of Viasat Group by Targa Telematics is a strategic move aimed at creating a leading global player in the IoT and digital solutions market for connected mobility. The deal is expected to strengthen Targa Telematics' position in the Italian market and accelerate its European expansion, while also enhancing its capabilities in the development and implementation of innovative electronic solutions

REFERENCES

Revenue range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TARGA TELEMATICS by INVESTINDUSTRIAL 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).

Press release: view release

Target: targa telematics

Acquirer: investindustrial