About Targus
Targus is a company based in Anaheim (United States) founded in 1983 was acquired by B. Riley Financial in October 2022. Targus has completed 2 acquisitions, including HyperShop and Sena Cases. Targus offers products and services including Laptop Bags and Docking Stations.
- Headquarter Anaheim, United States
- SectorsConsumerTechnology
- Website category Computers Electronics and Technology · Computer Hardware
- Phone•••• ••••
- Website us.targus.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by B. Riley Financial (Oct 2022)
- Legal Name Targus India Private Limited
- Date of Incorporation 05 May, 2005
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹22.26 Cr
FY 2024 · -13% YoY
- Net Profit₹0.58 Cr
FY 2024 · 3% margin
- EBITDA₹0.79 Cr
FY 2024 · 4% margin
- Latest Funding Round$24K (USD), Debt – Venture
May 2011
- InvestorsThe Carlyle Group
& 4 more
- Investments & AcquisitionsHyperShop
& 1 more
- Acquired by
Associated legal entities of Targus
Targus operates through Targus India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Targus India Private Limited CIN U05190KA2005PTC036241 | Active | 05 May 2005 | Bangalore, Karnataka | ₹22.3 Cr | – | 2 | View details |
Products & Services of Targus
Targus offers a comprehensive portfolio of products and services, including Laptop Bags and Docking Stations.
Laptop bags are provided for safe transportation of devices with ergonomic and protective features
Docking stations are offered to enable integration with monitors and peripherals for enhanced functionality
Apps and channels of Targus
its YouTube channel Targus APAC has 2.07K subscribers and 30 videos.
Videos from Targus
The most watched videos on Targus's YouTube channel, Targus APAC (2.07K subscribers). Click a video to play it here.
More on Targus APAC.
Funding Insights of Targus
- Total Rounds 4
- Last Round Debt – Venture — $24,000
- Investors Count 3
All 4 funding rounds of Targus 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 |
|---|---|---|---|---|---|
| May 2011 | $24,000 | Debt – Venture | – | – | |
| Mar 2011 | $21.16M | Debt – Venture | – | – | – |
| Jul 2010 | – | Private Equity Round | – | – | |
| Dec 2005 | – | Private Equity Round | – | The Carlyle Group | – |
5 investors in total: 5 institutional.
Investors in Targus
Targus has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, B. Riley Financial and Prospect Street.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and debt are provided across multiple sectors. | 1988 | prospectstreet.com | New York, United States | |
Private equity investment firm investing in the US | 2004 | saratogainvestmentcorp.com | New York, United States | |
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | - | |
PE firm investing in the US | – | fenwaypartners.com | New York, United States | |
Mergers, acquisitions, capital raising, and strategic advisory services are provided. | 1997 | brileyfin.com | Los Angeles, United States |
Investor details for Targus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Targus India Private Limited (Targus)
Targus India Private Limited is the primary company behind Targus. The board of Targus India Private Limited currently have 2 directors; the longest-serving is Sumesh Dewan, appointed in 2005. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumesh Dewan DIN 00005343 | Director | 05 May 2005 | 21 yrs 5 mo | Targus India Private Limited |
| Angela Marker Smith DIN 10950067 | Additional Director | 20 Feb 2025 | 1 yr 7 mo | Targus India Private Limited |
People of Targus
1 people are tracked at Targus (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mikel Williams | CEO & President | Leadership |
Complete people profiles for Targus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Targus
Figures of Targus India Private Limited, the primary company behind Targus, for FY 2024. Revenue was ₹22.26 Cr (-13% year on year). Net profit was ₹0.58 Cr (3% margin). EBITDA was ₹0.79 Cr (4% margin). Revenue has grown at a compounded annual rate of +1% over three years and +6% over five years.
- ₹22.26 CrRevenue · FY 2024 · -13% YoY
- ₹0.58 CrNet profit · 3% margin
- ₹0.79 CrEBITDA · 4% margin
- ₹0.01 CrPaid-up capital
- +1%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Targus India Private Limited are on its company page.
Detailed financial statements for Targus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Targus
Targus has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HyperShop and Sena Cases.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
High-performance tech accessories for Apple users are designed and manufactured. | hypershop.com | Fremont, United States | 2005 | Apr 2021 | •••• | |
Designer and manufacturer of slim, functional, protective and luxurious full grain leather cases | senacases.com | Anaheim, United States | 1999 | Oct 2012 | •••• |
Complete acquisition details for Targus
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Targus
7 dated milestones of Targus across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Targus is founded.
- Exit Acquired by Fenway Partners.
- Funding First funding round.
- Funding Latest funding round, Debt – Venture, of $24K.
- Acquisition Acquires Sena Cases.
- Acquisition Acquires HyperShop.
- Exit Acquired by B. Riley Financial.
Web traffic of Targus
The website of Targus (targus.com) receives about 275.5K visits a month and ranks #126,632 among all websites worldwide, #392 in Computer Hardware.
- Monthly visits275.5K
▼ 8.3% vs previous month
- Unique visitors149.5K
per month
- Global rank#126,632
among all websites
- Category rank#392
Computers Electronics and Technology · Computer Hardware
- Bounce rate45%
- Pages per visit3.8
- Average visit1 min 04 sec
- DevicesDesktop 40% · Mobile 60%
Websites whose visitors overlap most with Targus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
kensington.com | kensington.com | 100% | – | #120,671 | – |
| palm.com | 100% | 39.6K | #639,092 | View details | |
mobileedge.com | mobileedge.com | 89% | – | #4,520,489 | – |
codidirect.com | codidirect.com | 86% | – | – | – |
| brenthaven.com | 78% | 5.1K | #3,580,345 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Targus
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Targus
10 companies that operate in the same segment as Targus (Fashion & Lifestyle Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Luxury goods, jewelry, watches, and fashion accessories are retailed globally. | 1988 | Geneve, Geneve, Switzerland | – | USD 26.07 B | – | |
Jewellery is retailed via stores and an online platform. | 1993 | Thrissur, Kerala, India | USD 321.03 M | USD 3.81 B | 12,530 | |
Fine jewelry brand | 1994 | Bengaluru, Karnataka, India | – | USD 6.03 B | 7,331 | |
Company offering diverse collection of watches for men, women, and children, featuring various styles from formal to casual | 1984 | Bengaluru, Karnataka, India | – | USD 9.32 B | 17,820 | |
Cowboy boots, western wear, and workwear are retailed by BootBarn. | 1978 | Irvine, California, United States | – | USD 2.25 B | 10,400 | |
Internet first brand of fashion products for men and women | 1999 | London, England, United Kingdom | – | USD 3.31 B | 3,210 | |
Retail jewellery store offering multiple gold and silver products | 1991 | Madurai, Tamil Nadu, India | – | USD 905.85 M | 3,090 | |
Retailer of gold, diamond, platinum jewellery, coins and bars for men and women | 1994 | Kolkata, West Bengal, India | USD 13.01 M | USD 898.49 M | 2,900 | |
Women's footwear, bags, and accessories are designed and retailed. | 1996 | Singapore, Singapore | USD 30 M | – | – | |
Internet first brand offering apparel wear for men and women | 1981 | New York, New York, United States | – | USD 3.47 B | 14,200 |
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Frequently Asked Questions about Targus
Targus was founded in 1983 and raised its 1st funding round 22 years after it was founded.
Targus is headquartered in Anaheim, United States. It is registered at Anaheim, California, United States.
Mikel Williams is the current CEO of Targus.
The primary company behind Targus, Targus India Private Limited, reported revenue of ₹22.26 Cr for FY 2024, down 13% year on year.
Targus was founded in 1983 and is headquartered in Anaheim, United States. Operations focus on the design and production of protective cases for laptops and tablets, including basic sleeves and rugged variants. Docking stations for device connectivity are also developed. Products are distributed to consumers and businesses, with collections encompassing backpacks for work and leisure. The sector involves consumer electronics accessories.
Targus offers Laptop Bags and Docking Stations.
Targus has made 2 acquisitions, including HyperShop, and Sena Cases.
Targus has 5 investors. Key investors include The Carlyle Group, B. Riley Financial, Prospect Street, Saratoga Investment, and Fenway Partners.
Targus operates through Targus India Private Limited.
Yes. Targus was acquired by B. Riley Financial in October 2022.
The legal entities of Targus currently have 2 directors, including Sumesh Dewan, Angela Marker Smith.
The website of Targus receives about 276 thousand visits a month and ranks #126,632 among all websites worldwide.