About Algo Group
Algo Group is a Transportation, Automotive & Logistics company based in Como (Italy) founded in 1978, and was acquired by Star Capital in December 2010. Automotive aftermarket accessories are manufactured by Algo Group. Its chief executive, as recorded, is Marco Meliga. Algo Group offers products and services including Window Regulators, Handles, Switches, and Fasteners. Its focus areas include Auto, Auto Components and Aftermarket Accessories. Its legal entity is Algo S.P.A. Its competitors include OMP Racing, Bellelli and ODE.
Company details
Algo Group was founded in 1978 in Como, Italy, and operates within the automotive aftermarket sector. Accessories for vehicles are produced and supplied, focusing on components that enhance functionality and performance. Operations are centered in Italy, with distribution extending to international markets. The company is led by CEO Marco Meliga, and emphasis is placed on quality manufacturing processes for aftermarket needs.
- Headquarters Como, Italy
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website algogroup.net/en
- Social LinkedIn Facebook
- Acquired by Star Capital (Dec 2010)
- Legal Name Algo S.P.A.
- InvestorsArdian
& 1 more
- Acquired byStar Capital
(Dec 2010)
Products & Services of Algo Group
Algo Group offers a comprehensive portfolio of products and services, including Window Regulators, Handles, Switches, and Fasteners.
Components for vehicle window mechanisms ensuring reliable operation.
Door and interior handles designed for durability in vehicles.
Control switches for automotive systems to enhance functionality.
Secure fastening elements for automotive assembly and repair.
Funding Insights of Algo Group
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Algo Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | Private Equity Round | – | Ardian | – |
2 investors in total: 2 institutional.
Investors in Algo Group
Algo Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ardian and Star Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private investment firm specializing in markets and partnerships. | ardian.com | |||
Star Capital is engaged in private equity investments in Italian SMEs. | 2002 | starcapital.it | Milan, Italy |
Investor details for Algo Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Algo Group
1 people are tracked at Algo Group (1 in leadership).
| Name | Role | Group |
|---|---|---|
Marco Meliga | CEO | Leadership |
Complete people profiles for Algo Group
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- Full employee list
- Team structure
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Timeline of Algo Group
3 dated milestones of Algo Group across 37 years, from founding to its latest funding, stage changes and deals.
- Founded Algo Group is founded.
- Exit Acquired by Star Capital.
- Funding First funding round.
Competitors of Algo Group
Algo Group has 3 listed competitors in our database. They include OMP Racing, Bellelli and ODE.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ompracing.com | 1973 | Ronco Scrivia, Italy | Automotive aftermarket accessories are manufactured and supplied by OMP Racing. | |||
| bellelli.com | 1994 | Polesine, Italy | Automotive aftermarket accessories are manufactured and supplied globally. | |||
| ode.it | 1960 | Colico, Italy | Automotive aftermarket accessories are manufactured by ODE. |
Detailed competitors of Algo Group
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Web traffic of Algo Group
The website of Algo Group (algogroup.net) receives about 2.8K visits a month.
- Monthly visits2.8K
▼ 15.4% vs previous month
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Frequently Asked Questions about Algo Group
Algo Group was founded in 1978 and raised its 1st funding round 37 years after it was founded.
Algo Group is headquartered in Como, Italy. It is registered at Como, Lombardy, Italy.
Marco Meliga is the CEO of Algo Group, as recorded in our data.
Algo Group was founded in 1978 in Como, Italy, and operates within the automotive aftermarket sector. Accessories for vehicles are produced and supplied, focusing on components that enhance functionality and performance. Operations are centered in Italy, with distribution extending to international markets. The company is led by CEO Marco Meliga, and emphasis is placed on quality manufacturing processes for aftermarket needs.
Algo Group's top competitors include OMP Racing, ODE and Bellelli.
Algo Group offers Window Regulators, Handles, Switches, and Fasteners.
Algo Group has 2 investors. Key investors include Ardian, and Star Capital.
Algo Group operates through Algo S.P.A..
Yes. Algo Group was acquired by Star Capital in December 2010.